Skewed Property Data Sources

[Curt Davis]

So from time to time we come across affiliates who sell our properties through their marketing platform and we have also worked with lenders in the past that have semi-desirable financing terms for either foreign buyers or US buyers where the loan is based more about the home then the borrower.  

Recently one of our affiliates has some type of system where the punch in the property address and it gives them a yes or no based on who knows what type of criteria.  What has been most fascinating is that this system they have in place is not allowing them to sell what I would view as some of our better homes in better areas but it is allowing them to sell homes that are not as good as the ones its not allowing.  I have a hard time believing that some type of program can evaluate a market better then actual market knowledge.  

Has any other turnkey providers come across anything like this?  Same thing with some of these unconventional lenders.  They rely on a program to give them a sort of walk score as opposed to actually knowing the area.