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I also like it. Pretty. A bit busy though. Once you got the basics polished, need to get actual data in of course, the chicken/egg problem will be large (it wou
by petervandijck 16y ago
I also like it. Pretty. A bit busy though. Once you got the basics polished, need to get actual data in of course, the chicken/egg problem will be large (it would seem) in a site like this. Any thoughts on how you'll tackle that?
- usiegj00 16y agoYes. Many. :-P The market for rental data has two big issues--the first is fragmentation--many rental listings only appear in locally traded publications (your local classified) and for only a limited time (a few weeks). The second issue is that much of the listing data is vague--"Beautiful home in Upper East Side." Which means getting detailed current and historical information is a tough problem. It's not just a tough problem for us either--it's a tough problem for Renters! We have so many thoughts on how to bootstrap this that it's hard to start this conversation unless you're really interested in the answer. So... as a teaser, I'll tell you that we've already started a LARGE mechanical turk campaign to seed key markets. We've also started the process of importing a number of public records that don't give us rental prices directly, but will let us create a model for what the rental prices SHOULD be--given some insight we have to traditional CAP rates (what a property should rent vs its purchase price and current interest rates--to make for a good investment). Given those approaches do you see any other opportunities for us to bootstrap?