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	<title>Comments on: Improving Online Home Valuations?</title>
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	<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/</link>
	<description>Seattle&#039;s Leading Resource for Real Estate Information</description>
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		<title>By: Seattle&#8217;s Rain City Real Estate Guide &#187; Top Producer Revamps Home Insight</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-38915</link>
		<dc:creator>Seattle&#8217;s Rain City Real Estate Guide &#187; Top Producer Revamps Home Insight</dc:creator>
		<pubDate>Thu, 16 Nov 2006 06:51:02 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-38915</guid>
		<description>[...] About three months ago, I mentioned a soft-launch of a new product from the Top Producer team called Home Insight. Some of the comments were pretty tough on the product with Cheryl starting off the conversation saying that the product was just another &#8220;fancy front end for a lead-generator&#8221;. I can tell you from the many conversations I&#8217;ve had with the team at Top Producer that they took many of the comments on RCG seriously. [...]</description>
		<content:encoded><![CDATA[<p>[...] About three months ago, I mentioned a soft-launch of a new product from the Top Producer team called Home Insight. Some of the comments were pretty tough on the product with Cheryl starting off the conversation saying that the product was just another &#8220;fancy front end for a lead-generator&#8221;. I can tell you from the many conversations I&#8217;ve had with the team at Top Producer that they took many of the comments on RCG seriously. [...]</p>
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		<title>By: The Future of Real Estate Marketing &#187; 5 Ways to Better Your Day With RSS</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10973</link>
		<dc:creator>The Future of Real Estate Marketing &#187; 5 Ways to Better Your Day With RSS</dc:creator>
		<pubDate>Thu, 10 Aug 2006 00:04:25 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10973</guid>
		<description>[...] Dustin remarks on the launch of HomeInsight, which in turn prompts Robbie’s to counter-post on the rise of corporate blogs. [...]</description>
		<content:encoded><![CDATA[<p>[...] Dustin remarks on the launch of HomeInsight, which in turn prompts Robbie’s to counter-post on the rise of corporate blogs. [...]</p>
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		<title>By: The Future of Real Estate Marketing &#187; Is Rich Barton Dr. Frankenstein?</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10962</link>
		<dc:creator>The Future of Real Estate Marketing &#187; Is Rich Barton Dr. Frankenstein?</dc:creator>
		<pubDate>Wed, 09 Aug 2006 21:14:33 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10962</guid>
		<description>[...] From IBM comes a little tech-heavy reading&#8230; that may help Ardell with her quest to define Web 2.0. [...]</description>
		<content:encoded><![CDATA[<p>[...] From IBM comes a little tech-heavy reading&#8230; that may help Ardell with her quest to define Web 2.0. [...]</p>
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		<title>By: William</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10889</link>
		<dc:creator>William</dc:creator>
		<pubDate>Tue, 08 Aug 2006 16:46:02 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10889</guid>
		<description>Web2.0 does not mean there are no forms to fill out.

Snippet from wikipedia.org
http://en.wikipedia.org/wiki/Web2.0

Web 2.0&quot; trendily hints at an improved form of the World Wide Web, and the term has appeared in occasional use for several years. The more explicit synonym &quot;Participatory Web&quot;, emphasizing tools and platforms that enable the user to tag, blog, comment, modify, augment, select from, rank, and generally talk back to the contributions of other users and the general world community has increasingly seen use as an alternative phrase. Some commentators regard reputation-based public wikis, like Wikipedia, as pioneering examples of Web 2.0/Participatory Web technology.</description>
		<content:encoded><![CDATA[<p>Web2.0 does not mean there are no forms to fill out.</p>
<p>Snippet from wikipedia.org<br />
<a href="http://en.wikipedia.org/wiki/Web2.0" rel="nofollow">http://en.wikipedia.org/wiki/Web2.0</a></p>
<p>Web 2.0&#8243; trendily hints at an improved form of the World Wide Web, and the term has appeared in occasional use for several years. The more explicit synonym &#8220;Participatory Web&#8221;, emphasizing tools and platforms that enable the user to tag, blog, comment, modify, augment, select from, rank, and generally talk back to the contributions of other users and the general world community has increasingly seen use as an alternative phrase. Some commentators regard reputation-based public wikis, like Wikipedia, as pioneering examples of Web 2.0/Participatory Web technology.</p>
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		<title>By: Cheryl, Broker in L A CA</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10802</link>
		<dc:creator>Cheryl, Broker in L A CA</dc:creator>
		<pubDate>Mon, 07 Aug 2006 11:19:59 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10802</guid>
		<description>And one more thought ... we like to think our clients are working with us because they feel we will do the best job for them.  Somehow the notion that someone is working with me because I bought his name through a lead service just doesn&#039;t sit right with me.  I know, someone will say its no different than advertising.  And maybe they&#039;re right.  We&#039;re talking my personal opinion here.  :-)</description>
		<content:encoded><![CDATA[<p>And one more thought &#8230; we like to think our clients are working with us because they feel we will do the best job for them.  Somehow the notion that someone is working with me because I bought his name through a lead service just doesn&#8217;t sit right with me.  I know, someone will say its no different than advertising.  And maybe they&#8217;re right.  We&#8217;re talking my personal opinion here.  <img src='http://raincityguide.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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		<title>By: Jim Cronin</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10792</link>
		<dc:creator>Jim Cronin</dc:creator>
		<pubDate>Mon, 07 Aug 2006 05:31:26 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10792</guid>
		<description>Cheryl-

HomeGain also hs a program that they have branded BuyerLink.  It works more like the HouseValues program, but for people looking to buy real estate.  You choose a state on the map, then a metro region, then a  city (loosely) and voilà! - You appear at the agent&#039;s Home Search Registration Form, behind which (if you&#039;re lucky) is an IDX search.  Instead of having to kick back a percent of the commission, agents pay a &#039;per visit&#039; fee to HomeGain or a reseller.  The &#039;per visit&#039; costs can be any where from 50 cents to $2.50 (in my experience) depending on the demand.

I have worked with (too) many agents that have used the BuyerLink program and you&#039;d be surprised by the results.  I know you (David and others) are turned off by the idea of revealing your identity to get to the info behind the door, but up to 18% of visitors to these registration forms via BuyerLink are actually providing (mostly) honest personal info.  I know... it&#039;s hard to believe.  

I think that the success (18%) comes from having the visitor jump through 4-5 hoops before getting to the single option of filling out Joe Realtor&#039;s registration form.  This is in stark contrast to the results of someone finding you through the search engines directly (try less than 2% success).

No, I don&#039;t work for HG, nor do I resell BL; I just thought that you might find it interesting that 18 out of 100 will actually fill out the form when we all feel it to be so repulsive.</description>
		<content:encoded><![CDATA[<p>Cheryl-</p>
<p>HomeGain also hs a program that they have branded BuyerLink.  It works more like the HouseValues program, but for people looking to buy real estate.  You choose a state on the map, then a metro region, then a  city (loosely) and voilà! &#8211; You appear at the agent&#8217;s Home Search Registration Form, behind which (if you&#8217;re lucky) is an IDX search.  Instead of having to kick back a percent of the commission, agents pay a &#8216;per visit&#8217; fee to HomeGain or a reseller.  The &#8216;per visit&#8217; costs can be any where from 50 cents to $2.50 (in my experience) depending on the demand.</p>
<p>I have worked with (too) many agents that have used the BuyerLink program and you&#8217;d be surprised by the results.  I know you (David and others) are turned off by the idea of revealing your identity to get to the info behind the door, but up to 18% of visitors to these registration forms via BuyerLink are actually providing (mostly) honest personal info.  I know&#8230; it&#8217;s hard to believe.  </p>
<p>I think that the success (18%) comes from having the visitor jump through 4-5 hoops before getting to the single option of filling out Joe Realtor&#8217;s registration form.  This is in stark contrast to the results of someone finding you through the search engines directly (try less than 2% success).</p>
<p>No, I don&#8217;t work for HG, nor do I resell BL; I just thought that you might find it interesting that 18 out of 100 will actually fill out the form when we all feel it to be so repulsive.</p>
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		<title>By: Jim Greenleaf</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10779</link>
		<dc:creator>Jim Greenleaf</dc:creator>
		<pubDate>Mon, 07 Aug 2006 03:24:55 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10779</guid>
		<description>Well not all that impressed - I am an apprasier and I ran it against my home - nice having the up to market and listing  info, but since the #1 listing didn&#039;t have the right photo, there is no actual estimate made and the questions/options aren&#039;t sufficiant to generate  reasonable adjustments - I would have to say that this is not a direct competitor to Zillow, which does a better job for the consumer.  Now bad as a lead generator, but what happens when more than one broker/firm contracts to use it

As for presentation, the base map on the intial respone was different than the market snap shot (showed a road that doesn&#039;t exist), DOM outliers weren&#039;t culled resulting in too large of a scale on the graph- too hard to read - the data points weren&#039;t live so you couldn&#039;t expand on anything.  The popup on the comps was good - too bad it was rebranded (or should i say debranded) and the listing on my street had a wrong photo</description>
		<content:encoded><![CDATA[<p>Well not all that impressed &#8211; I am an apprasier and I ran it against my home &#8211; nice having the up to market and listing  info, but since the #1 listing didn&#8217;t have the right photo, there is no actual estimate made and the questions/options aren&#8217;t sufficiant to generate  reasonable adjustments &#8211; I would have to say that this is not a direct competitor to Zillow, which does a better job for the consumer.  Now bad as a lead generator, but what happens when more than one broker/firm contracts to use it</p>
<p>As for presentation, the base map on the intial respone was different than the market snap shot (showed a road that doesn&#8217;t exist), DOM outliers weren&#8217;t culled resulting in too large of a scale on the graph- too hard to read &#8211; the data points weren&#8217;t live so you couldn&#8217;t expand on anything.  The popup on the comps was good &#8211; too bad it was rebranded (or should i say debranded) and the listing on my street had a wrong photo</p>
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		<title>By: Seattle&#8217;s Rain City Real Estate Guide &#187; YouTube as a Marketing Tool?</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10765</link>
		<dc:creator>Seattle&#8217;s Rain City Real Estate Guide &#187; YouTube as a Marketing Tool?</dc:creator>
		<pubDate>Sun, 06 Aug 2006 19:20:40 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10765</guid>
		<description>[...] YouTube as a Marketing Tool? August 6, 2006  Ardell asked about the meaning of &#8220;web2.0&#8243; yesterday and David G of Zillow gave an easy-to-understand definition that Web2.0 is the “read/write web”. In an unrelated thread, Ed pointed us to a rap video sang by the Trulia Markermen&#8230; These conversations converge in that the cost of producing and hosting videos in a web2.0 environment is so low as to be negligible. [...]</description>
		<content:encoded><![CDATA[<p>[...] YouTube as a Marketing Tool? August 6, 2006  Ardell asked about the meaning of &#8220;web2.0&#8243; yesterday and David G of Zillow gave an easy-to-understand definition that Web2.0 is the “read/write web”. In an unrelated thread, Ed pointed us to a rap video sang by the Trulia Markermen&#8230; These conversations converge in that the cost of producing and hosting videos in a web2.0 environment is so low as to be negligible. [...]</p>
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		<title>By: Cheryl, Broker in L A CA</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10755</link>
		<dc:creator>Cheryl, Broker in L A CA</dc:creator>
		<pubDate>Sun, 06 Aug 2006 11:19:27 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10755</guid>
		<description>And Dustin,

I get what you&#039;re saying.  The same type of MLS function that agents set up to generate automatic emails to clients is generating the data for your reports.  So it needs to be tied to an MLS member number.

One obvious work-around:  Some one at HomeInsight becomes an MLS member, and that member number is used to generate all reports.  And the report would just show the HomeInsight logo instead of an individual agent.  But that kind of blows the income stream

Is Top Producer going to market it this to their own user base?  Or is it going to be offered to any and all agents separate from TP?</description>
		<content:encoded><![CDATA[<p>And Dustin,</p>
<p>I get what you&#8217;re saying.  The same type of MLS function that agents set up to generate automatic emails to clients is generating the data for your reports.  So it needs to be tied to an MLS member number.</p>
<p>One obvious work-around:  Some one at HomeInsight becomes an MLS member, and that member number is used to generate all reports.  And the report would just show the HomeInsight logo instead of an individual agent.  But that kind of blows the income stream</p>
<p>Is Top Producer going to market it this to their own user base?  Or is it going to be offered to any and all agents separate from TP?</p>
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		<title>By: Cheryl, Broker in L A CA</title>
		<link>http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10754</link>
		<dc:creator>Cheryl, Broker in L A CA</dc:creator>
		<pubDate>Sun, 06 Aug 2006 11:05:18 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/2006/08/04/improving-online-home-valuations/#comment-10754</guid>
		<description>Thought 1:  OK, guys, so I need a different term to describe the thought I was after:  What do we call that environment when the end user, the consumer, is &quot;empowered&quot;:  they have a good idea what&#039;s what, who&#039;s who, and how things work?

Thought 2:  If a company wanted to get into the lead-generation business, I personally think the original &quot;HomeGain model&quot; is preferable to the &quot;HouseValues model&quot;.

In the HomeGain model, a prospective buyer or seller posts a &quot;request for proposals&quot;.  Agents in the area respond with their proposals, the prospective clients corresponds and meets with the agent(s), chooses one, and that agent pays a referal fee to HomeGain on close.

In the HouseValues model, a prospective buyer or seller fills out the contact form, and the one agent who has purchased that particular zip code, or neighborhood, receives the lead.  Period.  And the agent pays whether or not the lead ends in a sale.

In my humble personal opinion, the Home Gain model is more transparent to the consumer, and gives the consumer more control.</description>
		<content:encoded><![CDATA[<p>Thought 1:  OK, guys, so I need a different term to describe the thought I was after:  What do we call that environment when the end user, the consumer, is &#8220;empowered&#8221;:  they have a good idea what&#8217;s what, who&#8217;s who, and how things work?</p>
<p>Thought 2:  If a company wanted to get into the lead-generation business, I personally think the original &#8220;HomeGain model&#8221; is preferable to the &#8220;HouseValues model&#8221;.</p>
<p>In the HomeGain model, a prospective buyer or seller posts a &#8220;request for proposals&#8221;.  Agents in the area respond with their proposals, the prospective clients corresponds and meets with the agent(s), chooses one, and that agent pays a referal fee to HomeGain on close.</p>
<p>In the HouseValues model, a prospective buyer or seller fills out the contact form, and the one agent who has purchased that particular zip code, or neighborhood, receives the lead.  Period.  And the agent pays whether or not the lead ends in a sale.</p>
<p>In my humble personal opinion, the Home Gain model is more transparent to the consumer, and gives the consumer more control.</p>
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