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Online Real Estate/Internet Company

Technology/Software

Joined 01/21/2008

Jonathan Cardella

CEO

American Home Realty Network, Inc.

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Jonathan is an entrepreneur with experience starting up and operating Internet businesses in the online travel and residential real estate sectors. He founded Ski West, Inc., an online vacation rental booking company in 2001 with a $250,000 investment and sold it four years later to Overstock.com. Mr. Cardella remained as CEO of Overstock.com Travel, overseeing Marketing, Technology/IT, and P&L management and produced over $100MM in search engine sourced real estate rental revenue until 2007, when he spun off and sold the company again, on behalf of his employer, to a private equity fund.

After departing Overstock.com, Mr. Cardella started NeighborHubs, LLC, which owns American Home Realty Network, Inc., a real estate brokerage licensed in 18 states that operates NeighborCity.com, the company’s flagship website. Besides providing search and mapping tools, NeighborCity® enables buyers and sellers to locate the most qualified Realtors© for their home search, property, or neighborhood of interest. The company strives to bring greater transparency to the real estate industry by offering customers a more efficient way to retain optimal buy and sell-side Realtor© representation.

My Comments

  • Ms. Radie, Thanks for your
    By Jonathan CardellaApril 27, 2012 - 1:09pm

    Ms. Radie, Thanks for your comment. You state that the info is "all wrong" but you don't mention one actual inaccuracy. If you provide us with any examples of misinformation that we can verify, we would be happy to make any corrections that better reflect your performance. I reviewed your NeighborCity profile here; http://www.neighborcity.com/CA/agent-profile/2904819-Bernadette-Radie/ And I don't see how this is slander or harming you in any manner. In fact, we have declined from scoring your performance since we have very little information on it. It appears you are part of a team and listings and sales that you beleive you should have credit for are actually in the name of Lawrence Belland who is apparently your "partner". And if you didn't read the article then let me inform you, so you can rest at ease, your MLS boards have now sued us twice and NAR is quarterbacking. Again, I appreciate your comments and I'm glad that you made them. Sincerely, Jonathan Cardella Founder, NeighborCity

  • Ms. Radie, Thanks for your
    By Jonathan CardellaApril 27, 2012 - 1:09pm

    Ms. Radie, Thanks for your comment. You state that the info is "all wrong" but you don't mention one actual inaccuracy. If you provide us with any examples of misinformation that we can verify, we would be happy to make any corrections that better reflect your performance. I reviewed your NeighborCity profile here; http://www.neighborcity.com/CA/agent-profile/2904819-Bernadette-Radie/ And I don't see how this is slander or harming you in any manner. In fact, we have declined from scoring your performance since we have very little information on it. It appears you are part of a team and listings and sales that you beleive you should have credit for are actually in the name of Lawrence Belland who is apparently your "partner". And if you didn't read the article then let me inform you, so you can rest at ease, your MLS boards have now sued us twice and NAR is quarterbacking. Again, I appreciate your comments and I'm glad that you made them. Sincerely, Jonathan Cardella Founder, NeighborCity

  • Sam, In your initial comment
    By Jonathan CardellaApril 26, 2012 - 3:32pm

    Sam, In your initial comment you said, and I quote you; "I did about $3M in volume last month listing/selling". I pointed out that those sales were booked in your brokerage name (CBD) and not in your name, and that is why they are not on your NeighborCity profile. In your comment above, you stated; "(I can send you last month's CBD top producers letter-$2.949M)", thereby verifying my explanation, which is that your brokerage booked those sales, not you and we only credit agents with the listings where they are the listing agent or sales where they represented the buyer directly. Now you point out that MLS data is flawed and that is why agent rankings and ratings should not exist. This may very well be the case but even so, this is not a good reason to keep real estate agent performance data out of the hands of consumers. Even if the data is imperfect, it is most likely uniformly imperfect and not highly imperfect for only certain individuals. Thus, these imperfections essentially negate each other and what you get is a pretty good look at relative agent performance; this guy is generally more knowledgeable in this neighborhood and that guy sells homes faster thank most of his peers... That 's invaluable to the home owner. Our system was designed to obtain as many data points as possible and to use them all to generate conclusions about agent performance. Thus, a longitudinal view is taken and a few errors along the way will not fundamentally change the results. You can fight it all you want but this sort of transparency is what consumers are coming to expect. The best solution is to book your transactions under your own name, always put your client's best interests first, and don't over promise and under deliver, especially when you take a listing! I appreciate your opinions and concerns. Because of people like you, we work 100x harder to deliver this service and to make it as accurate as possible.

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