RentSlicer: Stating the obvious? Or am I not getting it…
Update: Bruce points out that this is an old screen capture of RentSlicer.com. Please see his comment, and check out the new RentSlicer.com.
So recently, I stumbled onto RentSlicer and ended up seeing this:
Hmm… are you telling me that renting is a waste of money? That for $332,242 I could buy the place instead? Because that’s what clicking on the number does – it brings you to a Realtor’s website.
FWIW, Zillow says the house costs $885,101. Which would be a $4475 a month mortgage – not including tax or maintenance.
$4475 or $2100. Hmmmmmmmmmmmm.
March 12th, 2007 at 7:53 pm
someone pass me the crack pipe cuz those are some good numbers..o and i aint sharing well maybe
March 13th, 2007 at 11:28 am
The contextual ad you cited on RentSlicer compares the monthly rental payment for the rental unit in the frame to an equivalent mortgage payment. It isn’t trying to imply tht you could buy the rental unit in your example for under market value, so in a sense it is stating the obvious – you can rent or buy and if you want to consider buying, you can afford a $322,000 mortgage for the same monthly outlay of $2,100 per month all else being equal.
I noticed that you depicted an old copy of the site. We are in the process of re-launching RentSlicer (a new Alpha version went up a couple of weeks ago) with new features, markets, etc, and we are totally open to suggestions on how to improve the user experience and appreciate your input.
If you’d like to set up a call to discuss the new site and give your input one-on-one, we’d be happy to do so.
Thanks,
Bruce
March 13th, 2007 at 11:38 am
Thanks. I’ve updated the post to reflect the fact that this is post has an old screenshot.
April 11th, 2011 at 1:50 pm
FYI – RentSlicer is not live anymore.