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Old 02-20-2005, 07:06 PM
LinuxGuy LinuxGuy is offline
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Wink Chance of price comparing real estate?

What is the chance of bringing real-estate industry into the price comparison industry? Would it hurt the industry? Would it hurt the agents? I am not sure. But I work for PriceComparison.com and we would like to get some opinion from some professionals.

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Old 02-20-2005, 09:31 PM
JimJ JimJ is offline
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Default Re: Chance of price comparing real estate?

Realtors already have a system in place to compare prices. It is our Multiple Listing Service.
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Old 02-20-2005, 09:33 PM
JimJ JimJ is offline
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Default Re: Chance of price comparing real estate?

How could you really compare something where each product is unique with a limited supply?
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Old 02-21-2005, 12:52 AM
LinuxGuy LinuxGuy is offline
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Default Re: Chance of price comparing real estate?

Well the MLS is a listing service. But you are right, I think the system is already quite adequate for residential. But how about the commercial real-estate?

LinuxGuy
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Old 02-21-2005, 12:55 AM
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ResaleBroker ResaleBroker is offline
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Default Re: Chance of price comparing real estate?

Quote:
Originally Posted by LinuxGuy
Well the MLS is a listing service. But you are right, I think the system is already quite adequate for residential. But how about the commercial real-estate?
You might check into "Loopnet".
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Old 02-21-2005, 06:40 AM
MrJodyHudson MrJodyHudson is offline
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Default Re: Chance of price comparing real estate?

The value of real estate is based almost solely upon location. In our area the home has little to no or even a negative effect on the land value.

Price comparisons are for the same or similar things that can be bought and sent to the buyers location. Real Estate does not move - the buyer may.
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