Chris Shipman
Apartment in Golden, Colorado
14 November 2014 | 8 replies
Price estimates are fine, but they come from an algorithm which just won't know that a block in one direction or the type of property across the street can change your property value dramatically.FYI Redfin is a great 3rd party app for those not on MLS.
Jon Martin
How do you collect damages from a guest without getting a bad review? (airbnb)
22 September 2023 | 20 replies
One bad review could single handedly tank your rank on the algorithm and drastically impact future revenues.I'd update the listing description to make the pet policy more clear, replace the bed skirt, and move on.
Lesley Resnick
Bitcoin Bubble - Crash
15 July 2022 | 62 replies
You can't manipulate bitcoin either because it's decentralized and they're difficulty adjustments built-in (hard to explain here but there's crazy game theory built into the algorithm.
Jim Cellini
Property Tax Increase Despite Property Value Decrease
3 September 2021 | 16 replies
@Jim Cellini - Chicago and Illinois Taxes suck - it is what it is - luckily most of us understand if the numbers work then we have the tax bill covered.It seems like you can only trust the current market comps to determine an accurate evaluation and government agencies clearly are NOT detailed enough to properly assess homes except really from the outside and from what they have seen completed through "permits" so they get inaccurate numbers.And with respect to Zillow, it's just an algorithm at this point and still not accurate enough to fully trust with much weight.
Kristen Jackson
Websites that give accurate comps
19 December 2016 | 22 replies
@Kristen JacksonComputer algorithms do not give accurate comps because there are so many variables when you run comps that are difficult to program into a non-thinking software.
Ryan OMalley
Zillow zestimate accuracy
18 January 2018 | 2 replies
The algorithm is mostly based on price per square foot in a given location so upgrades to your property or lack thereof can have a big affect on value.
Henry T.
First STR SFR/House in Seattle
17 September 2022 | 15 replies
The best budget solutions for that is Hospitable, the best higher end solution is probably Guesty.I'd HIGHLY recommend using a pricing tool to algorithmically set prices as well - it took us 5 years of running our 5 short term rentals before we started using Pricelabs, and I think we saw a pretty big (10%+) boost to net profit overnight when we started using it.
Shannon Carlisle
Direct mail campaigns
8 October 2018 | 4 replies
Thanks 😊Good to meet you Shannon.IMHO you are missing a step before the list and that is a marketing algorithm.
Jerryll Noorden
There Is No Method That Can Target Motivated Sellers! None!
7 November 2022 | 29 replies
Machine learning is basically, a mathematical/computer algorithm that can automatically improve itself using experience in the form of previously collected data.
Dustin Mathenia
Bitcoin I know it's not real estate but we must discuss
16 November 2020 | 54 replies
That was because these coins are mined through computer algorithms that ‘find’ coins.