Comments on: Let’s call it Zulia http://1000wattconsulting.com/blog/2008/12/your-own-privat.html Turn On Thu, 09 Feb 2012 05:21:21 +0000 hourly 1 http://wordpress.org/?v= By: A big week in technology = a big week in real estate | 1000Watt Consulting http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-8598 A big week in technology = a big week in real estate | 1000Watt Consulting Fri, 12 Feb 2010 19:03:24 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-8598 [...] Bing maps and Google maps integrate Flickr. The Google Maps API was a foundational component of online real estate’s second wave of innovation. Now you can mix all its power with Flickr, the flexible and powerful photo sharing service. Think about this: You’re looking at a street view photo a house; layered on top of that view is a photo or photos showing you interior shots. Or, say you want to display a photo guide to a neighborhood on your site. Super easy, super cool. This makes me think of an idea I had a couple years ago, Zulia. [...] [...] Bing maps and Google maps integrate Flickr. The Google Maps API was a foundational component of online real estate’s second wave of innovation. Now you can mix all its power with Flickr, the flexible and powerful photo sharing service. Think about this: You’re looking at a street view photo a house; layered on top of that view is a photo or photos showing you interior shots. Or, say you want to display a photo guide to a neighborhood on your site. Super easy, super cool. This makes me think of an idea I had a couple years ago, Zulia. [...]

]]> By: Kent Lardner http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3431 Kent Lardner Thu, 01 Jan 2009 14:16:03 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3431 <p>Hi Brian,</p> <p>Your concept sounds similar to what we have just launched Down Under. The computer algorithm(s) are used to automatically match the subject property with 6 ‘like' recent sales. The user then adjusts for the quality differences as per your post "complemented by my own assessment of the home".</p> <p>It's all built and now in production within Australia. If any reader would like to learn more visit www.pricefinder.com.au or view the user-guide at Slideshare (www.slideshare.net/pricefinder). Our original design incorporated sliders with the objective of improving the residual error and making the estimate more accurate. What we did not plan for was how addictive the user interaction would become and the various ways the system could be used e.g. What-if analysis for renovations. What also helps it work well for us in Australia is the high coverage of Google Street View. </p> <p>I would be happy to talk to anyone who wants to leverage what we have built using your own instances of Virtual Earth or Google Street View and listings/sales data. We own 100% of the IP and have spent 2 years refining the model. A demo can be set up within a few days as a proof of concept.<br /> </p> Hi Brian,

Your concept sounds similar to what we have just launched Down Under. The computer algorithm(s) are used to automatically match the subject property with 6 ‘like’ recent sales. The user then adjusts for the quality differences as per your post “complemented by my own assessment of the home”.

It’s all built and now in production within Australia. If any reader would like to learn more visit http://www.pricefinder.com.au or view the user-guide at Slideshare (www.slideshare.net/pricefinder). Our original design incorporated sliders with the objective of improving the residual error and making the estimate more accurate. What we did not plan for was how addictive the user interaction would become and the various ways the system could be used e.g. What-if analysis for renovations. What also helps it work well for us in Australia is the high coverage of Google Street View.

I would be happy to talk to anyone who wants to leverage what we have built using your own instances of Virtual Earth or Google Street View and listings/sales data. We own 100% of the IP and have spent 2 years refining the model. A demo can be set up within a few days as a proof of concept.

]]> By: Toronto Condos Dude http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3430 Toronto Condos Dude Tue, 30 Dec 2008 10:25:41 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3430 <p>I want to do something like this in my marketplace with new condo developments. Map-based, seachable/sortable, and with long-tail stats, photos, info, etc. on each development. Building the database is the hardest part. Imagine the potential of adding VIDEO to this equation too. could be awesome. if anyone wants to help me out, contact me via my webpage.</p> I want to do something like this in my marketplace with new condo developments. Map-based, seachable/sortable, and with long-tail stats, photos, info, etc. on each development. Building the database is the hardest part. Imagine the potential of adding VIDEO to this equation too. could be awesome. if anyone wants to help me out, contact me via my webpage.

]]> By: Thomas Johnson http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3429 Thomas Johnson Mon, 10 Dec 2007 08:39:31 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3429 <p>I call it Zestifarming, after the Zestimate. The pics are the barrier to entry. Photography is pretty much precluded at this time of the year due to decorations.</p> I call it Zestifarming, after the Zestimate. The pics are the barrier to entry. Photography is pretty much precluded at this time of the year due to decorations.

]]> By: Mark Walser http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3428 Mark Walser Fri, 07 Dec 2007 14:28:20 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3428 <p>We've built a tool like this at Z57 and provide it to agents. We teach them how to market it both offline and online as their own "Zillow" like feature - and how to use it on conjunction with IDX.</p> <p>The tool is called "Insta-Compare", and we're powering it with County Historical data records like Zillow does.</p> <p>We have thousands of agents using it, and they get 700% more lead capture on this form than any other form in our websites with the exception of the IDX search.</p> <p>Some of the ideas shared here are good enhancements for us to look at adding as evolve the tool.</p> <p>To try it out - visit my demo website and click Instant Home Valuation.</p> We've built a tool like this at Z57 and provide it to agents. We teach them how to market it both offline and online as their own "Zillow" like feature – and how to use it on conjunction with IDX.

The tool is called "Insta-Compare", and we're powering it with County Historical data records like Zillow does.

We have thousands of agents using it, and they get 700% more lead capture on this form than any other form in our websites with the exception of the IDX search.

Some of the ideas shared here are good enhancements for us to look at adding as evolve the tool.

To try it out – visit my demo website and click Instant Home Valuation.

]]> By: Tyler http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3427 Tyler Fri, 07 Dec 2007 10:13:33 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3427 <p>The idea is great and it would only cost you a few hundred thousand dollars so I think you should go ahead a and implement it! You'd be the next famous Real Estate mogul.</p> The idea is great and it would only cost you a few hundred thousand dollars so I think you should go ahead a and implement it! You'd be the next famous Real Estate mogul.

]]> By: Carey Goldberg http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3426 Carey Goldberg Mon, 03 Dec 2007 17:38:53 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3426 <p>I love the idea. I already have a handyman that I pay hourly. I will have him take some pics when things are slow. It will be easy enough to have a system of how the photos will be taken etc. He can do two every time one of the house and one of the address just like a bpo. Then I will know which one it is when I load it. Already he is making me money so this should be gravy.</p> I love the idea. I already have a handyman that I pay hourly. I will have him take some pics when things are slow. It will be easy enough to have a system of how the photos will be taken etc. He can do two every time one of the house and one of the address just like a bpo. Then I will know which one it is when I load it. Already he is making me money so this should be gravy.

]]> By: Galen http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3425 Galen Mon, 03 Dec 2007 10:38:44 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3425 <p>I like the idea and agree that it would be a fair amount of work. Making the software to make it easy is a great opportunity for a techie-company though. </p> I like the idea and agree that it would be a fair amount of work. Making the software to make it easy is a great opportunity for a techie-company though.

]]> By: Ron Park http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3424 Ron Park Mon, 03 Dec 2007 10:12:12 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3424 <p>"Ideas which require time and money are my favorites. It almost guarantees that your competition won't do them."</p> <p>Norm's response is very valid, but really the main question is, how much benefit will this painstaking process provide for the 1st year? 3rd year? 5th year? </p> <p>So after 5 years, do you have to start the documentation all over again? That'll be a major turnoff.</p> "Ideas which require time and money are my favorites. It almost guarantees that your competition won't do them."

Norm's response is very valid, but really the main question is, how much benefit will this painstaking process provide for the 1st year? 3rd year? 5th year?

So after 5 years, do you have to start the documentation all over again? That'll be a major turnoff.

]]> By: Norm Fisher http://1000wattconsulting.com/blog/2008/12/your-own-privat.html/comment-page-1#comment-3423 Norm Fisher Mon, 03 Dec 2007 10:03:27 +0000 http://wp.1000wattconsulting.com/2008/12/your-own-privat.html#comment-3423 <p>Ideas which require time and money are my favorites. It almost guarantees that your competition won't do them. </p> <p>It's a great idea. Taking the time to closely examine each new listing in your area could be a great help on the listing appointment within a few months. </p> Ideas which require time and money are my favorites. It almost guarantees that your competition won't do them.

It's a great idea. Taking the time to closely examine each new listing in your area could be a great help on the listing appointment within a few months.

]]>