I was watching Fox news Sunday night while eating dinner. Around 7:30 PM, my attention was suddenly jostled away from my frozen dinner (dieting…), by an advert for the upcoming Huckabee (as in Mike Huckabee, former presidential candidate) which will feature a segment on house swapping. While I did watch the Simpsons during the 8PM hour, I recorded Huckabee and watched it later on (since I hadn’t been approached for the show, which usually means expect some onlinehousetrading swappers).
The segment took a bit different turn, with two owners who’s Realtors actually proposed a swap that turned out successful. The odds of this are certainly low, but props all parties involved for thinking outside the box. Now if only that course of conversation was a part of every realtor’s playbook.
Next came the expert commentary, Dani Babb, a real estate author and fox correspondent (http://www.drdaniellebabb.com/
). She gave a bit of what to look out for when swapping. Yes we know the drill. Use the same title company, have inspections, etc., the same stuff that we write about on this site, as well as onlinehousetrading and goswap.
She also gave the shocking statistic, that now I guess is fact, that there were “anectdotedly”, about 20,000 of these swaps last year. As I said in my prior post, I know of about ten. I’ll make it eleven now after last night’s show. Please, if you have swapped, or know someone who has, let us know!
Next, the obligatory plug, seemingly out of nowhere and thrown in to live up to contractual obligations. Dani recommends onlinehousetrading, as they work with the title companies. Yes, they do have an ad (looks like commission junction or something) for a title company. They also have a large banner ad for Doctor Dani on their home page as well. While I certainly have no problem with this type of sponsorship, a bit of disclosure would be nice, as these “experts” only seem to know about onlinehousetrading. As they are the only site with actual investors, as well as a large advertising budget, and they charge for their listings – well read between the lines. I am sure there is some stock interest involved.
Onlinehousetrading also seems/seemed to have the same relationship with Regina Lewis, who appears on several morning shows plugging onlinehousetrading. No mention of Domuswap by either of these two, specifically back when we are a leader in this field. Mrs. Lewis also frequently mentioned onlinehousetrading on her blog in a form that was little more than press releases. Check it out at http://www.reginalewis.com/search/?q=onlinehousetrading
Again, I have no problem with any endorsement. I just like to point out the not so obvious. Please let me know if I am wrong in my analysis or observations.