Admin
John Nader, Commercial Investments (RE/MAX Crossroads)

Answers

Rainmaker
5,775,469
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
2,186,767
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home again, home again...

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

Mar 03, 2017 03:19 PM
Rainmaker
5,590,708
Barbara Todaro
Keller Williams Elite - Franklin, MA
"connecting land with builders"

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

Mar 03, 2017 08:06 AM
Rainmaker
1,716,966
Inna Ivchenko
Equity Union - Calabasas, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

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
1,157,857
FN LN
Toronto, ON

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

Mar 03, 2017 12:26 PM
Rainmaker
5,278,126
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
1,597,734
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
7,276,090
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
8,761,441
Roy Kelley
Retired - Gaithersburg, MD

I am unable to help you.

Mar 04, 2017 01:30 PM
Rainmaker
4,434,377
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
1,618,179
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
2,299,029
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

Say who ?

Mar 04, 2017 03:50 AM
Rainmaker
3,077,307
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Alan May nailed this one!

Mar 04, 2017 03:43 AM
Rainmaker
1,039,088
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
4,336,981
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston 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
6,004,379
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
2,236,526
Debbie Laity
CinaJones Real Estate - Cedaredge, CO
Your Real Estate Resource for Delta County

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
2,780,877
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
3,594,932
Kathleen Daniels, Probate & Trust Real Estate Svcs.
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
1,802,631
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
3,988,429
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
1,900,586
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
5,880,534
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

What are you trying to predict?

Mar 03, 2017 08:41 AM