Geek Estate Blog Covers Realius Prediction Widget
Drew Meyers authored two posts over at the Geek Estate Blog covering the launch of our prediction widget with Zip Realty. The first article, ZipRealty Integrates Community Estimating Technology from Realius, covers the history of our work with Zip and Drew’s thoughts on collecting price estimates from the community at large.
Drew notes:
It’s going to take a little bit of time for community estimates to build up to a point where there are 5 or 10 estimates on many listings, but I think it’s a great feature for consumers in the long run.
Over the long haul, a high IQ could prove to be a way for agents to demonstrate they know their local market well.
He also poses some key questions for the Geek Estate Community:
If you are an agent or broker, do you see any value to using this feature to estimate listing prices?
for the agents and brokers reading this, aside from the cost, do you see any reason not to integrate this functionality in your web site?
His last question is for me – but I can’t answer it right now: “any other guesses as to the next brokerage to add community estimating to their offering?”
Drew’s second post is a great interview with Myron Lo from Zip Realty. Myron provides his insight on the benefit of adding community predictions to the Zip site.
Q: What kind of feedback did you get from consumers?
A: The overall feedback from our customers was great. In addition to making real estate a little more fun, our customers appreciated the extra price opinion they would get with the ‘ZIP Community Price’. The biggest suggestion they had for us was to integrate our community pricing more tightly with our main website so that they’d be able to see price predictions for the specific homes they were interested in.
If you are interested in adding community estimating to your site – drop me a note at chuck.teller (at) realius.com.
December 19th, 2008 at 12:04 am
welll making such a community is a great achievement when we say offering a great place like real estates in some other aspects like for ZIP realties
August 22nd, 2009 at 9:44 pm
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