Question-and-Answer Session
Operator
Thank you, sir. (Operator Instructions). Our first question comes from Brett Huff from Stephens, Inc.
Brett Huff - Stephens, Inc.
Good afternoon, guys.
Rich Boyle
Hi, Brett.
Brett Huff - Stephens, Inc.
A couple of quick questions here and I think some of it were always in your opening commentary, but I didn’t maybe get it down quite fast enough. When we look at the number of profile views that fell off more sharply than I expected, can you just give us a little more color on that, just sort of more of your thoughts is that searchers not doing as much or kind of what is the driver of that?
Rich Boyle
Yes, I mean it's definitely the amount of people coming to look at listings on the system and I think it falls into the general heading of the seasonality that we normally see in Q4 every year. So, on a normal basis Q4 is a relatively light quarter for us, it was worse on for sequential and relative basis than in past year as this year. So, if you look at for example the transition from Q3 to Q4 prior year's this year was little bit steeper. And what we really feel like it was driven by the macro environment and in particular if you recall, it seems like so long go now but the wave of bad news has began hitting the market around late September. We think it had a material impact on people. So, the activity intends to lighten up around Thanksgiving normally was lighting up earlier in the quarter than normal for us this year.
Brett Huff - Stephens, Inc.
Okay. And then thoughts on as we lap the pricing changes, the volume based pricing changes, if I recall that lapped about in the middle of Q4, is that right?
Brent Stumme
Yes, this is actually Brent, there was a little bit of pricing that was going on in November- December as well. We are pretty much done putting everybody in the new pricing plans, but there was a little bit that went on in fourth quarter as well probably not quite as much as the third quarter but there was some in the fourth quarter.
Brett Huff - Stephens, Inc.
Okay. And so that end given the environment, what is your thoughts for changing in pricing just, I know you are obviously thinking about how to make the pricing a little bit more specific for value. What are your thoughts on that for at least '09 maybe?
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