rgbrgb

66 ms·

811.
by rgbrgb 12y ago
These guys have a nice solution to the "lemon market" for used cars: https://www.beepi.com Could be cool to apply a similar expert scoring mechanism to used bikes, but you may have to find a different way to do it beca
812.
Joe Montana is starting a VC fund(businessinsider.com)
1 points by rgbrgb 12y ago|0 comments
813.
by rgbrgb 12y ago
Realtors not listing on the MLS and instead giving the listing to a friend is a real issue in real estate. In the industry this is called a pocket listing. The problem is that by not putting a home on the open market, the seller never finds
814.
by rgbrgb 12y ago
Interesting to think about it that way -- you jack it into just a single branch of the US government and you have some built in QA process. I'm assuming the long term goal is to connect all of these together to have a global state afte
815.
by rgbrgb 12y ago
Always a chance but probably not in the next year ;)
816.
by rgbrgb 12y ago
We're Open Listings (YC W15): https://www.openlistings.co/ We're trying to help people find properties they'd like to buy. We'd be happy to help with the offer and transaction for any home in California,
817.
by rgbrgb 12y ago
We represent the buyer in the transaction, refunding our commission back to the buyer minus a flat-fee for performing the transaction.
818.
by rgbrgb 12y ago
I should add that we do something similar for mansions: https://twitter.com/openmansions And here's the full firehose of shitty listings: https://twitter.com/shittylistings
819.
by rgbrgb 12y ago
Credit goes to Judd Schoenholtz for insisting the turd be extremely subtle ;)
820.
by rgbrgb 12y ago
Credit goes to Kevin Hale for the turd on the back side. Really pulls the whole site together ;)
821.
by rgbrgb 12y ago
> I do feel like more technology is being adopted but I am curious as to why real estate tech seems so behind? I think it's 2 things: 1) A lot of technologists find real estate abhorrent. They know it should be fixed but they don&#x
822.
by rgbrgb 12y ago
The regex above is one signal we're using. We also look at relative price per sqft and a number of other factors. We could do a little blogpost that goes in-depth on our algorithm if there's interest. We've also tried some fu
823.
by rgbrgb 12y ago
Ah, sorry about that. I agree there should at least be an error message. We originally built this as a page on openlistings.co (/fixers), but then found this awesome domain. The assets are all the same from openlistings.co, we're
824.
by rgbrgb 12y ago
Indeed, property values in CA are insane right now. Here's a super nuts one... this piece of undeveloped land is going for $1809/sqft https://www.openlistings.co/p/427-14th-st-santa-monica-ca-90... That said,
825.
by rgbrgb 12y ago
Looks like there's problem with the scraper version, but feel free to take a look if you're on your Nokia N900 and don't have JS: http://www.shittylistings.com/?_escaped_fragment_=
826.
by rgbrgb 12y ago
If you email shitty@openlistings.co with your city I'll let you know when we come to your area (that goes for everyone). We're going for full California coverage in the next month or so.
827.
by rgbrgb 12y ago
Here's the fun regex we use to find some initial candidates in our analysis: val = str.match(/probate|trust.sale|short.sale|auction|cash.offers|all.cash|(sold|sale|sell|offered|purchase|comes)[^.]+as.is|as.is[^.]+(condition|
828.
Show HN: Shitty Listings algorithmically finds undervalued property(shittylistings.com)
122 points by rgbrgb 12y ago|59 comments
829.
Democracy for the Internet Era (DemocracyOS YCW15)(ted.com)
3 points by rgbrgb 12y ago|0 comments
830.
How to think like a startup (Alexis Ohanian to realtors)(inman.com)
1 points by rgbrgb 12y ago|0 comments
831.
Net Party(en.wikipedia.org)
1 points by rgbrgb 12y ago|0 comments
832.
by rgbrgb 12y ago
Yes, we provide full service from offer to close. Right now that's largely done manually by in-house real estate agents. We're currently building out software to handle more of the process online (starting with the negotiation) bu
833.
by rgbrgb 12y ago
From the time you want to put in an offer to the time you close, we assign a licensed agent to help you through the process. That includes calling the seller to find out more about the listings, pricing expertise on your offer, dealing with
834.
by rgbrgb 12y ago
So there's not one MLS feed, it's a separate feed for each of the 950 national MLS organizations. In theory they follow the RET specification but in practice there are different versions of the spec and they don't all follow
835.
by rgbrgb 12y ago
I'm not super familiar with BuySide but it sounds like they were a traditional brokerage that worked on a discount. Our service costs less because we do less manually and more with technology. A typical agent spends 80% of their time l
836.
by rgbrgb 12y ago
The norm in California is for both the buyer and seller to be represented by their own agents. About 10% of transactions in California are dual agency. We take the full buyer's commission and refund it back to the buyer at close minus
837.
by rgbrgb 12y ago
You're right that it takes some education. Perhaps we should phrase it as money back rather than a lower fee. The messed up thing about the percentage commission is that it provides financial incentive for the broker representing you t
838.
by rgbrgb 12y ago
RedFin is a great step towards making buying less expensive but they haven't innovated on the experience of buying at all. They give you a traditional agent experience for half the price. We let you submit an offer online and we'r
839.
by rgbrgb 12y ago
From what we've seen, money talks. That is, in every case we've seen, the highest offer got accepted. Seller agents are legally required to present every offer to the seller. It's kind of a prisoners dilemma thing -- as an in
840.
by rgbrgb 12y ago
Point taken, thank you! We recognize that our pricing makes less sense outside of California but we're hoping to operationalize it here and make it really efficient before scaling to other markets where the fee will be lower. One misco

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