Comments on: What will real estate search look like in 2010?

By: Green hosting

Green hosting — Wed, 28 Apr 2010 02:51:53 +0000

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By: Alba

Alba — Fri, 18 Dec 2009 20:39:49 +0000

Hiya … I found your website by mistake. I was searching in Bing for beach suggestions for my trip when I came upon your site, I have to say your website is really informative, I just love the theme, its amazing!. I don’t have the time today to fully read your site but I bookmarked it and also signed up for your RSS feed. I will be back around in a day or two. thanks for a awesome site.

By: bob stoneburner

bob stoneburner — Thu, 14 May 2009 21:31:21 +0000

The future of search will likely include data collection and mining of your search. Front-end website activity (search, picking favorites, viewing details, printing maps) will all be valued and fed into a CRM system which will help agents (assuming they’ve designated an online agent) determine how hot a prospect is.

By: Georgia Fishing Vacations

Georgia Fishing Vacations — Sat, 22 Mar 2008 09:58:14 +0000

Love the thought of all of this and can't wait for the next phase of real estate it really is an interesting occupation. It has technology, understanding finances and community growth and development, working with people, negotiation skills and much more.

By: Poppy Dinsey

Poppy Dinsey — Wed, 19 Mar 2008 10:11:13 +0000

I work in property search (in London) and I agree that it's a fascinating area to work in at the moment. We've developed a gorgeous little tool here at Zoomf which we also call 'Visual Search', although it's a different concept to the Visual Search described in your post. We allow users to draw on a map where they want to search for property, so they can find a school for example and then draw a 3 mile radius around it and see all the properties in that area. They can still filter these properties by features like 'swimming pool', 'victorian' etc just the way they can on the rest of our site. We've had some great feedback for this way of searching for property, as far as we know we're the only ones who do it. That being said, Visual Search is currently out of action for a few days while we make it even more snazzy...but it will be back soon with a vengeance!

By: Orlando Commercial Real Estate

Orlando Commercial Real Estate — Sun, 16 Mar 2008 08:46:57 +0000

I see it as an amazing time and an amazing industry to work in. The internet has brought so much to the industry and only will get better. As we speak those programs are being created that we will be amazed what we can offer clients regarding real estate.

By: Heinrich WIebe

Heinrich WIebe — Sat, 15 Mar 2008 23:46:45 +0000

I wasn't there, but let's take a look back in time. I think it goes something like this. FLASH BACK IN TIME...The listing agent in the 1950's, and 60's would work to attract a ready, willing and able buyer. In addition there would be a cooperative commission available to any other agent who could bring a buyer to the table and close. This was all done in the best interest of the seller; since they were paying the commissions. Everyone was working for the seller. In other words, there wasn't any thing like the buyer agent gig we have now. This made sense at the time because conveying what the seller had to sell wasn't very efficient. It was tough to share info with the market place. Does anyone remember BOOKS of listings? Then came the 70's and along with it came the law suits that brought about buyer representation as we know it today. This idea has steadily been refined (in the courts of course) over time. Here we are today. Listing property for all to see is a snap or a click. It doesn't take much to convey to the world what's for sale. That's a direct contrast to the way it was when the process came alive. Furthermore, the commission paid to a buyers agent has remained stable and the listing side of the commission has has been eroding. However the fee is still paid by the seller and the buyers perception is that they don't pay (this is a philosophical question). CUTTING TO THE CHASE...So here's where my thoughts are for the future. Listings will be dime a dozen and the fee for delivering full market exposure will zero out to nada mucho. That's totally opposite from where we were. Sellers will continue to advance there ability to negotiate for themselves (self education or fallout from agents past). However they could look to real estate people for tactics and advice in a consulting way as needed. Again, that's totally opposite from where we were. On the flip side, buyers will continue to find the perceived free help available from agents that can earn a commission, paid by the seller, if they bring the ready willing and able buyer to closing. The buyer is the one seen as making out in the representation process as it relates to the fees paid for real estate services. On the other hand, the savviest of buyers will work with agents willing to share the commission for evading part of the work in find the next home or side stepping the client responsibility by working in a non agency role. Don't get me wrong, the full service thing will be around, but the growth in the market will be as I've describe. Consumers want it free, perfect and now. The trick is how to deliver it to them and still get paid for what you do.

By: Joshua Ferris

Joshua Ferris — Fri, 14 Mar 2008 23:32:56 +0000

I hate to burst the Realtor value just fell a notch bubble but the problem with these sites is how often they will need to be updated. Take my county for example. If you had them drive through the entire county a year ago they would have seen the development at that time. Now you factor in that in that time they have started construction on a new mall, a new connection from one interstate to the other and the expansion of one highway into an interstate and you can start to see the value proposition creep back up. Tack on the need to know about most ideal daycares and mass transit etc. The value of a good REALTOR isn't going anywhere. How many good ones exist remains to be seen.

By: Mark Daugherty

Mark Daugherty — Fri, 14 Mar 2008 15:01:42 +0000

It's nice to walk down the street online, but I think we'll still be driving neighborhoods 10 years down the road. So, take all of the things you mentioned and tie them together with GPS and the smartphones of 10 years hence, and you will have a walking talking public MLS that tell you everything about where you are now, where you want to go, and how to get there.