Industry News

Real estate Web developer disappears, customers panic

Informedia on the block; Realtors demand control of domain names

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Hundreds of Realtors have called Yvonne Belardo, a Realtor with Prudential Florida WCI Realty in Jupiter, Fla., to find out whether she's experienced problems with her Web site or the Web site developer Informedia Group. The calls are coming in because Belardo's Web site is displayed on Informediagroup.com as a sample of its real estate Web development services and the concerned Realtors can't get anyone at the company to return their calls. The telephone calls prompted Belardo to switch her Web site to a different company when her contract with Informedia expires this month. She hadn't noticed any problems with her Web site, but other Realtors' stories about their own troubles with Informedia compelled her to quit the service while she was ahead. "I wasn't concerned until the last couple of weeks because of the phone calls," she said. Informedia is indeed in trouble. The Morristown, N.J.-based company is selling its business line following a damaging sabotage of its technology a...