Predict the price of homes @ Zip Realty – you might win $500!
Our partner, Zip Realty, has launched a contest that runs through May 15, 2009.
Read more about it in their blog.
Predict the price of at least 20 homes and you will have a chance to win $5oo.
Do a good job at reading the market and your name will be at the top of the Leaderboard.
What are you waiting for. Sign up at Zip Realty and search for homes at their site. Search for homes in an area where you want to buy or where you own a home. View the property details and you will see the prediction widget in the left hand column.
February 16th, 2009 at 8:44 am
I am just curious how you can avoid cheating?
I am register an account A to predict on a house and check the community predication and come back with another account B under my name to predict the same house using the community predicted price, in this case, my account B will get a higher IQ, always, right?
How zipReality can avoid such situation? So far I think all I need is to register another account to win, am I right?
February 16th, 2009 at 5:54 pm
Hi Ivan,
Two answers to your question:
1) The contest is a sweepstakes, so winning is entirely a random drawing.
2) If it *wasn’t* a sweepstakes, the process you describe is will not guarantee that Account B will win. The reason is because the Community Prediction changes with every prediction. Of course, you can enter the CP as your prediction value with Account B, but other players can enter very different prediction values, and the CP will change and could drift away from Account B’s prediction.
In addition, if a property sells during the contest period, your IQ is re-calculated because we compare your prediction value against the sale price. And we cannot know in advance which properties will sell during the contest period.
There is no guaranteed way to cheat. I hope that answers your question.
Let me know if you have other questions.
February 17th, 2009 at 5:11 am
Nice answer, thanks
How I can predict the same house twice?
February 17th, 2009 at 12:40 pm
Hi Ivan,
When you go to your profile page and view a house you’ve predicted, there will be an ‘edit’ link next to your prediction value so that you can change the prediction.
Yes, this does make it possible to cheat (somewhat). But not in the sweepstakes contest. We just added the ‘edit’ capability. We’re evaluating if we want to somehow discount edited predictions.
February 20th, 2009 at 4:45 am
Thanks for the answer, Tim.
March 1st, 2009 at 9:55 pm
This isn’t very clear.
Are you predicting
a) The List Price
b) The price others think it is/should be
c) The Close price.
Wouldn’t “c” make most sense?
Frank
Broker FranklyRealty.com
FranklyMLS.com
December 6th, 2009 at 5:30 pm
Hello! Nice site and good articles.
February 10th, 2010 at 3:52 am
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February 10th, 2010 at 3:53 am
PLEASE SEND ME LISTINGS FOR AUSTRALIA FROM QUEENSLAND UP TO DARWIN.