Home Values Crowdsourced . . . Again

My-Currency.com launched this week to much fanfare. The idea is to generate home values using crowd intelligence. Why does that sound so familiar? Oh, yea. RealtyBaron launched its version of crowdsourcing back in 2004 (before the word ‘crowdsourcing’ was even coined). From our press release:

Estimates generated by IntelligentValue(TM) are composed of price opinions from homeowners and real estate agents in the area in which the property is located. Properties are shown randomly and include an exterior photo, feature descriptions, and an interactive map for easily identifying location. Opinions are applied to estimates daily providing real-time feedback to property owners.

The feature, called IntelligentValueâ„¢, was removed from the website last year for retooling. It will relaunch next month so don’t label us as copycats when you see it again.

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