Greg Holt

• Manage |RSSAlternative Business Models
• Manage |RSSInternet Advertising
• Manage |RSSReal Estate Marketing
• Manage |RSSReal Estate Marketing 2.0
• Manage |RSSReal Estate Trends

Cheryl, I could not agree more. From the consumer side, I want an agent who is pulling out all the stops to sell my property. The old line "I am going to place you in the MLS" just is not enough anymore. From the business side, I was so fed up with not getting the out of the box marketing, I created a site to help. We have just surpassed the 100k listings and are being embraced by real estate agents everywhere. Reading a post like this is refreshing. Thanks, Greg Holt CEO Pad4Pad, LLC www.pad4pad.com

Jeremy, I wish I could be of better assistance to you. Unfortunately, we do not track or judge our site on the number of successful swaps. Swapping is only a small piece of what we are about. We are a real estate site with a twist. That twist is that we offer the capability to match sellers up with other sellers. The whole tracking piece is difficult because we get many of our listings from data feeds. Those feeds are updated weekly and remove homes that have sold without giving us any data on how they were sold. I would agree with you that swapping is difficult but just selling your home in this market at all is difficult. Here is what I can give you. I had my home on the market here in CO for a year. No offers. I started Pad4pad on Feb 25th of 2008. Within two months, I had two very close calls on my house. As we have grown, we have gotten a tremendous amount of media attention. I have had to solicit to my clients for their participation in these interviews. The first was a lady from Florida. She said she had two offers on her home for swaps. Another client in Co Springs was in the negotiation process to swap his condo for a larger single family home. The Inman reporter spoke to another of our clients who has had 10 inquiries for swaps. So we know the concept works, but to work effectively it is going to take buy in from the realtors. Once they buy in and all properties listed are posted to swapping sites is when this concept will pay dividends. In the meantime, I do not propose that swapping is the end all be all to save the real estate market. Swapping should be part of a comprehensive marketing strategy conducted by the real estate agent. It is another tool in the tool box to help them sell their clients properties. It is free to list on Pad4pad and if you only sold one home a year by utilizing swapping, wouldn’t it be worth it? I apologize for not having hard data for you but the above is as honest as I can be. I hope this help. Let me know if there is anything else I can try to answer for you. Best, Greg Holt CEO Pad4Pad, LLC www.pad4pad.com

Mel, Yes, you are correct. Numbers is going to be the key to swap successes. As realtors buy in to the concept is when it is truly going to be effective. If you could imagine the results if all realtors claimed their clients listings and input the exchange information. How effective it would be. Currently we receive many listings by feeds that do not have the exchange info. This is where the owner or real estate agent can claim the listing and input this data. Thanks for the comment. Greg Greg Holt CEO Pad4Pad, LLC www.pad4pad.com