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Old and expired listings are used for networking, identifying people with whom you might do business.

See the Value of Networking.

It is really the people behind the service that are important. more . . .

Old and Expired Listings

Question from a member:

Why are old and expired listings maintained on the system?

Ken:

Can you get into a Daily Webinar Workshop and bring this question up?

This is good question and is helpful so everyone can learn that there are four classes of listings on ICIWorld in a field called Status:
  1. Active
  2. Inactive
  3. Expired
  4. Sold

Search Active Listings Only if you wish.

Here is the form to: Search Advanced Advanced with Contact Information.

At the end of this page, there are instructions on how to get your Windows Media Player to play the video:  How To Search Advanced

Secondly you personally do not have to look at old listings such as 3 year old listings if you do not want to. 

You can search by date:  choose your own limitation 30 days, 60 days, 6 months, one year, set your own date you make the choice. Search Advanced with Contact Information.

There is a reason why we maintain the database and give you the choice instead of us arbitrarily deleting listings after 90 days for instance on your behalf.

This is a networking service not a listing service like a real estate board but more like the classified ads of a newspaper.

Ads identify people with whom you can talk with and whom you might do business with.

Past ads also identify people with whom you might do business. If you identify an individual in a certain city that does a certain kind of real estate through an old listing, can that not help an interested person? Indeed virtually every member on the service makes connections to do business or you call us. 

See Our Pledge.

It is the people behind the listings that are important.

  • If you called someone who had a shopping center one year old and it was sold, can it benefit you to find out how much it sold for?
  • Is it possible that because this person deals in shopping centers they may know about others not on the service? You follow up and do business.
  • Is it possible that if you develop a good business relationship with that person, that if they get another shopping center for sale three weeks from now, and they remember that you were looking for one, they may call you back and tell you about it? You follow up and do business.

In one month studied last year, 44% of the deals were done this way, where someone called on a listing that did not suit the person, but the two parties discussed other things not on the service and went off and did a deal.

Regarding Wants. A "want" is also a listing on ICIWorld. One may have a listing one or two years old or five years old, but that buyer can easily be a buyer for life for that real estate salesperson.

We had an $18,000,000 quarry at one time that was three years old. A broker had a buyer and made a connection for that property.  If we had of arbitrarily deleted that listing, that broker would never had a chance find out about that property and to do that sale.

In other words it is the people behind the listings with whom networking is important.

Now that is not to say that you should be prevented from searching strictly Active listings.

You do that using the Advanced Search Feature. [see instructional video below]

You do that by searching listings at www.iciworld.ca where they are active.

You also have a choice to have just Active Listings in the Ontario Commercial button on your web site.  In other words there are two choices, one that has Ontario listings that are just active, OR . . . one that has all the database in Ontario including active, expired and inactive.  For members web sites, this one has twice the listings and twice the opportunities to trigger calls that many brokers prefer in order to get the lead in the first place in order to have an opportunity to help people.

Sorry it was so frustrating for you to this point.

After all is said and done, ICIWorld is still like a gold mine.  You still have to get through some dirt to get the gold.

However it is not like residential services, or any other services in the world.  It is really built for networking.

We have feedback for instance from brokers of gas station buyers, who go back to the oldest listings first to network. It is the owners who have sat the longest trying to sell their properties who are more likely to consider taking back and mortgage or sell more reasonably in some cases that ones who just put their properties on the market at retail.

You will see some all this at work in some of the testimonials on ICIWorld.

Once you have gone through the database may we suggest you get the latest listings in a daily digest.  That way you have the latest ones up to date. 

May we suggest if you have an iPhone or Blackberry you have a link that produces the absolute latest up to the second listings and the push of an icon on your device.

That way you have the information of an industry, local AND world wide, up to date, up to the second, at your fingertips.

May we demonstrate how to use the Advance Search Features, by date, and status and other important key word searching functions?

Your feedback is appreciated and thankyou for the opportunity to respond to you.

See the Value of Networking.

Sincerely
Gary Nusca, CCIM
ICIWorld.net, Inc.
416-214-4875
 

Member response: Great answers. Thank you!


Windows Media Player required for this instructional video movie:
How To Search Advanced Advanced Search Method for Database 1 and 2.

NOTE: Give the video time to load and start playing. Watch your hard drive light and you will see that it is working downloading the movie. If you have the latest media player, it should start streaming after a while, while it is downloading.  For others you may have to download it and then play it. Some of our larger movies such as a seminar take two hours to download. Be patient. Do something else while it is downloading.

How to Search Database 1 Haves and Wants placed by Members of ICIWorld. See Who Can Join.

How to Search Database 2 For Sale By Owners

There is a field called Status: choose Active if that is all you wish.

There is a date field to use, however most are happy with Active Listing Status.

If you sort by Date or Default you will get the latest listings first.

Form to Search: Search Advanced Advanced with Contact Information

If you want the latest listings on your iPhone or Blackberry. (free)

If you wish to receive up to date listings with contact information by email click here. You can unsubscribe directly from the EMail anytime. You are dealing direct with a computer list server. (free)

Four things everyone should do to make a connection or you can easily miss doing a deal and not realize it.
 

Assistance for members provided daily by way of World Wide Webinars for members all over the world. Once trained you should only need to be brought up to date on new features and services once per year for an hour or two and an annual checkup consultation to ensure you are taking advantage of things and do not have a material defect in your membership. See Our Pledge.
 


Since 1994

ICIWorld.net, Inc. Since 1994 (The Market ICI World Real Estate Network)
Canada: 33 Hazelton Ave., Suite 408, Toronto, Ontario, Canada M5R 2E3
Bus. 416-840-6227 Cell. 416-831-1620 After hours and weekends 416-214-4875
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26,000+ real estate Have and Want ads, 50,000 readership.
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