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26 February 2020 | 14 replies
To answer your questions:We have an algorithm so we can run addresses and offer a certain amount above your listed rent every month, guaranteed.We have a waitlist of long-term tenants who want to rent with us and get guaranteed discounted rent for managing the Airbnb.We can work with any type of property for the Loftium Lease, and we always combine a long-term tenant with Airbnb guests so there's always an onsite host.
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28 July 2018 | 17 replies
<-- I've heard rumors that FICO is catching on and this is becoming less effective, but FICO treats their exact algorithm as a trade secret so who knows.
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18 June 2018 | 3 replies
Do not rely on automated valuations for quite a number of reasons, not the least of which that the valuation algorithms can't "see" inside pictures for the condition of the house.
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12 July 2018 | 0 replies
If not, then there may be a bug in the BP algorithm.
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13 July 2018 | 4 replies
The algorithm is getting better but not for multi-families.Sold Price-closing cost-rehabit cost=70-75% Zestimate
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30 June 2018 | 28 replies
For example:1) Appraised value (What the banks feel comfortable lending on based on recent sales)2) Market value (What buyers are willing to pay for the property)3) Assessed value (What the municipality thinks it's worth for tax reasons)4) Zestimate (What Zillow thinks it's worth based on an algorithm they think is right)5) Larry the contractors value (70 Percent of market value minus repairs)6) AVM (Core logics number based on comparable sales and an algorithm they think is right)7) BPO (What a local broker feels they can get for the property...
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19 December 2019 | 68 replies
I know people dislike their Zestimates, but they are pretty good for an algorithm.
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12 December 2017 | 23 replies
The search algorithms differ for each platform, but for Airbnb the main factors include response time to inquiries, instant book turned on, pricing, and reviews.As others have mentioned, I would look into other platforms/websites that focus on corporate rentals.
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30 March 2018 | 0 replies
Frankly, I'm more interested in the underlying technology such as scalable consensus algorithms, tighter smart contract languages, zero knowledge proofs, decentralized governance, etc.
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13 March 2018 | 10 replies
It just looks like their have better confidence in their value algorithm (than, say, we do in Trulia) and instead of offering 70% ARV on a $295K home ($206K) they offer $230K and tack on some fees.