I certainly agree with you. I cancelled my subscription to two foreclosures sites because even with 32 years in the business I could not understand in many ocassions what they meant. It only frustrated me. Information missing, information missleading, and also, in many instances, erroneous information. I can only imagine what people interested in buying, without any real estate experience might feel, when they find out that they can not purchase a $ 500,000 home for $ 32,140 in back payments.
I do not believe that properties should be posted in Trulia without thoroughly explaining that the amount that is mentioned only reflects the default figure and really is only a hook to bring you to their site where you can join on a trial basis for a week.
I also post my listings on craigslist, but notice agents putting their listings in the "for sale by owner" category instead of "for sale by broker" which is also unethical.
Its hard on the consumers and it's hard on Realtors who have to break the news to them that they have been fooled!
It is my belief that this practice should not be allowed!
I think this should be removed from Trulia as it is confusing buyers and sellers. Thank you so much for your input. Hopefully, they will listen.
The Carrabba Group
Keller WIlliams Wilshire