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Regarding affordability, I think what most people do is the other way round: You do a bit of homework to see how much you can afford, which gives you a maximum
by mytailorisrich 4y ago
Regarding affordability, I think what most people do is the other way round: You do a bit of homework to see how much you can afford, which gives you a maximum price. After that, "simply seeing a number like $450000" clicks immediately because you just compare that to your max, and that obviously allows you to narrow down your search.
In any case, most property portals already have widgets showing estimates of monthly payments. And if they don't and this is a useful feature they'll just add it. Some have features to save properties, etc. (Looks like realestate.com.au is very similar to the main one here in the UK, rightmove.co.uk, and they also seem to have a "renovation estimator")
Overall, I think this is a important thing to consider: The features that are not too difficult to implement and integrate in those major property portals, and they will be available for free. So I think the question is not whether the idea has a market (it has one) but whether an independent, paid-for product is viable. If there are none that might tell you something...
- rdm_blackhole 4y agoThanks for your response. I do agree with most of what you said. I understand that the big players could tomorrow integrate all(or some) of the functionalities I detailed in the post. That's a risk for sure. Also I understand that most real estate portals are free to the user(but paid for via ads and fueled by vacuuming personal data). The reason I think this could work is because people are catching on to the real price of things. Plausible is a paid alternative to GA, Kagi is paid alternative to Google. I think it is possible that a paid Home Buying CRM could work for a low enough price as long as it delivers enough value. But I don't have a crystal ball and who knows maybe this is just a waste of time.