Sayreville & Piscataway NJ Real Estate Blog

November 8, 2007

HouseValues Settles Court Case

Filed under: PSI, Crime Report, Real Estate, Current Event — Freddie @ 3:55 pm

Just to get the news out to my fellow real estate professionals, HomeValues has to pay $51,ooo in court costs and attorney fees for misleading real estate professionals in the quality of its leads. Seems they made up names for leads even using obvious fake names like “Mickey Mouse”. HomeValues has four internet presences. They are:

Real estate professional subscribes to the service were to get access to potential leads. Instead they did not get valid buyers or sellers.

HouseValues did not admit wrongdoing when it settled the case against it. It will however, “refrain from certain business practices, waive any fees owed by consumers who complained to the Attorney General’s Office, and credit or refund those subscribers who got an invalid or bad lead, according to the settlement.”

It is good these folks were found out. More importantly that citizens followed through with the process and made and effort to stop this company. Leads are gotten through building and maintaining relationships not through shelling out hard earned cash to a lead generation company that will send you names like “Mickey Mouse”.

Read the entire story here.

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