Getting access to raw real
estate data opens up a world of possibilities for smart data - miners, like TheRedPin and other tech - savvy firms.
Any change forced upon the country's largest real estate board will eventually prompt Canada's remaining 90 or so real estate boards to follow suit, eventually making real
estate data an open, competitive market.
This would eventually make real
estate data an open, competitive market, allowing consumers to get access to sales data that is more in line with what is recorded and reported on Zillow.com listings (Zillow is an independent, online U.S. real estate database company that provides previous sales data for more than 110 million American properties.
Not exact matches
Opening up access to real
estate data will allow member agents to offer consumers the convenience of
data - driven insights into home sales prices and trends via the web, and to improve the efficiency and quality of their services.»
In an effort to increase competition within the real
estate market, the Competition Bureau argued for
open, easy access to housing
data —
data that lives on the Multiple Listings Service (MLS), a suite of services that enables a seller to market their property to multiple buyers in the
open market.
To increase competition within the real
estate market, the Competition Bureau argued for
open, easy access to housing
data —
data that lives on the MLS.
While many Canadian real
estate agents may not agree,
opening up sold
data will actually help improve Canada's real
estate industry; competition weeds out inefficiencies and creates innovation — and in a multi-billion industry, that's welcome news.
, he challenged politicians and industry leaders to follow other world - class cities in making real
estate data «a lot more
open, detailed and accessible.»
The example that Robinson used to illustrate the second point had to do with real
estate investor Sam Zell noticing where Starbucks locations were
opening up, and using that
data point as the spark that led Zell to see the bigger force of China's construction boom when it was still in its early stages.
When you're buying real
estate, look to make a great impression with your bank statements by minimizing unnecessary purchases, removing unnecessary
data, and NOT
opening new credit lines.
«While traditional real
estate is very paper based and involves a lot of third - party players, including brokers, escrow agents and banks, the blockchain allows people to transfer funds, property titles and
data in a more peer - to - peer manner that is digital and
open source,»
Opening the MLS to the public and adopting an appropriate, proven 21st - century business model would not only benefit the public and Realtors directly, but also provide the financial means by which organized real
estate could develop the expanded infrastructure and services needed to provide world - class MLS
data delivery services and give the Canadian real
estate industry the true professional standing it has always strived to achieve.
Opening up access to real
estate data will allow member agents to offer consumers the convenience of
data - driven insights into home sales prices and trends via the web, and to improve the efficiency and quality of their services.»
The issue at hand is about whether or not it is acceptable for consumer's to have an
open and virtually unrestricted access to organized real
estate's sales
data, as opposed to the controls that are currently in place.
The course, which Danforth and DeBord intend to be a show of support for the greater real
estate community, will go over how to set up logistical methods for staying safe — escape plans, secret distress words, emergency contacts, and
open house protocols — as well as meeting clients safely and establishing systems for keeping information and
data safe.
They can call it the
Open Data Real
Estate Board of Toronto.
And while some real
estate professionals remain hesitant about allowing
open access to performance
data and customer - service ratings on factors such as knowledge, negotiation skills, and response time, others say increasing their transparency can build credibility in the business relationship.
But if you and your team have the right mobile apps for real
estate on your phones, then you access
data, manage client interactions, and pull up listing info and marketing materials on the fly — even from an
open house.
«While I can appreciate
opening up MLS
data to consumers may be a bit unsettling for some TREB members, the reality is U.S. real
estate brokerages have been displaying the sold prices of homes online for more than a decade.
What Ross Kay has consistently tried to do is warn organized real
estate of what was coming and what the implications of a wide -
open data distribution (DDF) would be.
If real
estate professionals did purchase this
data, they would have to tread carefully to avoid offending prospects and
opening themselves up to litigation based on discriminatory advertising.
Real
Estate depends on accurate
data upon which multiple parties must agree, yet many record keeping and transactional systems are
open to fraud and error.
Phil Soper, chief executive officer of Brookfield Real
Estate Services — which operates Royal LePage in Canada and Real Living in the United States — said the American settlement
opened up
data in a way that small players may not have expected.
Giving consumers more access to
data means they can do more of the initial legwork on a home purchase themselves, and
opens the door to lower real
estate commissions.
Technical innovations and a growing availability of (
open) geospatial
data will enlarge transparency and reduce information asymmetry in real
estate the upcoming years.
Real
Estate Data X-Change (REDX), an industry leading provider of Expird and For - Sale - by - Owner (FSBO) lead generation and management solutions, today announced the expansion of its services into Canada, with the
opening of 35 areas of its low - cost FSBO service.
«We've always taken the position where the more information that consumers have, the better decisions they can make,» said John Pasalis, president of the Toronto real
estate brokerage Realosophy and a witness in favour of
opening up the
data.
«There are many more REITs in real
estate today and, as public companies, they have a great deal more responsibility for reporting,» says Charles Kessler, vice president with Exton, Pa. - based Colonial Systems Inc. «It is critical that accounting
data be in an
open environment to make it easier to use in other areas such as reporting.»
A host of
open -
data and proprietary tools offers real
estate pros — both residential and commercial — new ways to share
data about properties, local economic trends, and neighborhood amenities.
MLSPIN, Massachusetts largest MLS service for residential real
estate ink's a deal with The Boston Courant to provide weekly
open houses
data.
Re / Max has been working with Century 21 and Royal LePage for some time to create «an
open environment through the co-operative advertising of each others listings, with the ultimate goal of allowing any member of organized real
estate to participate in the
data share.
I was surprised Mark Weisleder was allowed to post the article because it brings into the
open many of the challenges ahead for organized real
estate who post listing content, listing details and family personal
data all over the web without fully disclosing to their clients the ramifications to their personal
data.
The power of
data and technology is helping real
estate companies make better decisions, understand tenants» needs and
open up new profitable possibilities.