John Nader, Commercial Investments (RE/MAX Crossroads)

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Rainmaker
5,772,353
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

John,

All analytics are subject to interpretation, what is more important is to go out and get business.  The first thing professors of statistics and analytics will tell you, is that all stats and analytics are subject to lies...a

Mar 03, 2017 08:29 AM
Ambassador
2,044,966
Alan May
Jameson Sotheby's International Realty - Evanston, IL
An offer you can't refuse!

Predicting that there will be many more "Anonymous" posts in the near future.

Mar 03, 2017 03:19 PM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I don't have time.... I like to make the phone ring with my time....

Mar 03, 2017 08:06 AM
Rainmaker
1,618,781
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I agree, it is nothing we do not know how to do, but paying someone to pull most likely prospects can save you a lot of time. 

 

Mar 03, 2017 03:07 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

Many fields and industries use predictive analytics for many important purposes.

Mar 03, 2017 12:26 PM
Rainmaker
4,846,785
Richard Weeks
Dallas, TX
REALTOR®, Broker

You might want to check out a software package called Property Metrics.

Mar 03, 2017 08:49 AM
Rainmaker
1,497,548
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I don't mess with it.  If it worked, NAR wouldn't be promoting it, the self proclaimed "gurus" would be.

Mar 03, 2017 08:43 AM
Rainer
3,735
Elliot Prout
offrs.com - Sarasota, FL

Predictice analytics and smart data are something that's been an integral part of other industries for a long time but it is fairly new to real estate.  It's not meant to replace the home buying process but rather prioritize your time so you can focus your time and marketing dollars on the most likely sellers.

 

It's ironic that someone could say they don't have time for predictive analytics because it's sole purpose is to save your time.

 

offrs.com is an established company that has had a lot of success with this.

Jun 07, 2017 09:04 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sometimes they work, sometimes they do not.

Mar 20, 2017 08:36 PM
Rainmaker
7,783,544
Roy Kelley
Retired - Gaithersburg, MD

I am unable to help you.

Mar 04, 2017 01:30 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have not used it.

Mar 04, 2017 05:18 AM
Rainmaker
1,617,866
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

do it

Mar 04, 2017 05:17 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I have no clue.

Mar 04, 2017 05:04 AM
Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Say who ?

Mar 04, 2017 03:50 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Alan May nailed this one!

Mar 04, 2017 03:43 AM
Rainmaker
986,452
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

My magic 8 ball says "Reply hazy, try again later"

Mar 04, 2017 03:38 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John Nader - you can say, anyone who has stayed in a home for more than 7 years is a potential seller - and whoever lives in a rental place is a potential buyer...

Mar 03, 2017 11:35 PM
Ambassador
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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

No, tried it (paid for it but, didn't do it myself) and it was a total flop!   

Mar 03, 2017 09:33 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I'm in an extremely rural market. I work and do what works for me to get listings and buyers.

Mar 03, 2017 07:47 PM
Ambassador
2,678,419
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

   Paralysis by analysis, said Zig Ziglar.  I'd rather sell houses.

Mar 03, 2017 07:32 PM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I wish you all the best with this.  It is not anything I spend my time on. 

Mar 03, 2017 03:38 PM
Rainmaker
1,722,226
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Call Sandy; she has the information

 

Mar 03, 2017 01:53 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I can do pretty much the same by looking at census records and tax records as to when a home was purchased. You would be better served locating a neighborhood ready to turn over and farm it like crazy,

Mar 03, 2017 01:02 PM
Rainmaker
1,839,276
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No, not that I know of. There are plenty of places that offer it now but some have said here they got poor results.

Mar 03, 2017 09:08 AM
Rainmaker
5,095,661
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

What are you trying to predict?

Mar 03, 2017 08:41 AM