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	<title>Baron Briefs &#187; buying a home</title>
	<atom:link href="http://blog.realtybaron.com/category/buying-a-home/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.realtybaron.com</link>
	<description>Real estate news and commentary from RealtyBaron.com</description>
	<lastBuildDate>Fri, 25 Mar 2011 12:32:54 +0000</lastBuildDate>
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		<title>Americans Respond to Falling Home Prices</title>
		<link>http://blog.realtybaron.com/2007/09/04/americans-respond-to-falling-home-prices/</link>
		<comments>http://blog.realtybaron.com/2007/09/04/americans-respond-to-falling-home-prices/#comments</comments>
		<pubDate>Tue, 04 Sep 2007 12:47:46 +0000</pubDate>
		<dc:creator>realtybaron</dc:creator>
				<category><![CDATA[buying a home]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[realestate]]></category>

		<guid isPermaLink="false">http://blog.realtybaron.com/2007/09/04/americans-respond-to-falling-home-prices/</guid>
		<description><![CDATA[Q: The prices of U.S. homes fell by 3.2 percent in the second quarter, the steepest in 20 years. What do you think?]]></description>
			<content:encoded><![CDATA[<p>Q: The prices of U.S. homes fell by 3.2 percent in the second quarter, the steepest in 20 years. <a href="http://www.theonion.com/content/amvo/housing_prices_fall_sharply">What do <em>you</em> think?</a></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.realtybaron.com/2007/09/04/americans-respond-to-falling-home-prices/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Redfin&#8217;s Claim of Super-Agent on 60 Minutes</title>
		<link>http://blog.realtybaron.com/2007/05/14/redfins-claim-of-super-agent-on-60-minutes/</link>
		<comments>http://blog.realtybaron.com/2007/05/14/redfins-claim-of-super-agent-on-60-minutes/#comments</comments>
		<pubDate>Mon, 14 May 2007 15:17:06 +0000</pubDate>
		<dc:creator>realtybaron</dc:creator>
				<category><![CDATA[brokers]]></category>
		<category><![CDATA[buying a home]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[realestate]]></category>
		<category><![CDATA[realtor]]></category>
		<category><![CDATA[realtors]]></category>
		<category><![CDATA[redfin]]></category>
		<category><![CDATA[web2.0]]></category>

		<guid isPermaLink="false">http://blog.realtybaron.com/2007/05/14/redfins-claim-of-super-agent-on-60-minutes/</guid>
		<description><![CDATA[&#8220;The average agent processes eight deals a year. We have an agent that can do that every week,&#8221; Kelman explains. &#8220;Are you spinning me?&#8221; Stahl asks. &#8220;I mean, seriously,&#8221; Kelman replies. I reviewed the segment again this morning. I believe the key word Glenn used was &#8220;can&#8221;&#8230;. as in Redfin has an agent who can [...]]]></description>
			<content:encoded><![CDATA[<blockquote><p> &#8220;The average agent processes eight deals a year.  We have an agent that <strong>can</strong> do that every week,&#8221; Kelman explains.</p></blockquote>
<blockquote><p>&#8220;Are you spinning me?&#8221; Stahl asks.</p></blockquote>
<blockquote><p>&#8220;I mean, seriously,&#8221; Kelman replies.</p></blockquote>
<p>I reviewed the segment again this morning.  I believe the key word Glenn used was &#8220;can&#8221;&#8230;. as in Redfin has an agent who <em>can</em> close eight deals per week <em>if market conditions allow</em>.  If Redfin did have an agent who was closing eight deals per week, it seems Glenn would have said, &#8220;We have an agent who <strong>is doing that</strong> every week&#8221;.  However, the impression of eight deals per week is certainly made.  But it&#8217;s like a coach saying &#8220;we have a running back who can rush for 100 yards per game each week&#8221;.  They&#8217;re both statements that speak of potential.  In my opinion, Glenn was speaking to Redfin&#8217;s technological and organizational advantage over the average &#8220;traditional&#8221; agent rather than current performance.</p>
<p>Furthermore, &#8220;I mean, seriously&#8221; doesn&#8217;t seem like a confident response to the question, &#8220;Are you spinning me?&#8221;.  I would expect &#8220;No&#8221;, &#8220;Absolutely Not&#8221;, or &#8220;Not spinning at all&#8221;.</p>
<p><strong>In any event, I invite Redfin&#8217;s super-agent to publish his or her <a href="http://blog.realtybaron.com/2007/02/05/introducing-myagentrank%e2%84%a2/" title="myagentrank">MyAgentRankâ„¢ badge on a website or weblog</a> and allow their sales data to be vetted by the public.</strong></p>
]]></content:encoded>
			<wfw:commentRss>http://blog.realtybaron.com/2007/05/14/redfins-claim-of-super-agent-on-60-minutes/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Introducing RealAnswers(TM)</title>
		<link>http://blog.realtybaron.com/2007/04/04/introducing-realanswerstm/</link>
		<comments>http://blog.realtybaron.com/2007/04/04/introducing-realanswerstm/#comments</comments>
		<pubDate>Wed, 04 Apr 2007 14:35:36 +0000</pubDate>
		<dc:creator>realtybaron</dc:creator>
				<category><![CDATA[buying a home]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[realestate]]></category>
		<category><![CDATA[realtybaron]]></category>
		<category><![CDATA[search]]></category>
		<category><![CDATA[web2.0]]></category>
		<category><![CDATA[zillow]]></category>

		<guid isPermaLink="false">http://blog.realtybaron.com/2007/04/04/introducing-realanswerstm/</guid>
		<description><![CDATA[Note to bootstrappers: don&#8217;t sit on a new feature announcement too long or someone with much better funding will grab headlines with a similar feature. So, rather than appearing as a quick and nimble entrepreneur, I get to appear as an &#8220;us too&#8221; and prematurely announce our new answer service, RealAnswers(TM), with a side-by-side comparison [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://static.realtybaron.com/image/logo_1d_answers.jpg" style="padding: 0pt 1em 1em 0pt" title="realanswers" alt="realanswers" align="left" />Note to bootstrappers: don&#8217;t sit on a new feature announcement too long or <a href="http://www.zillowblog.com/zillow_blog/2007/04/new_today_on_zi.html">someone with much better funding</a> will grab headlines with a similar feature.</p>
<p>So, rather than appearing as a quick and nimble entrepreneur, I<img src="http://blog.realtybaron.com/wp-content/uploads/2007/04/answers_icon.png" style="padding: 1em 0pt 1em 1em" id="image174" alt="answers_icon.png" align="right" /> get to appear as an &#8220;us too&#8221; and prematurely announce our new answer service, RealAnswers(TM), with a side-by-side comparison to Zillow&#8217;s new <a href="http://www.zillow.com/learnmore/HomeQnA.htm">Home Q&amp;A</a>.  That&#8217;s right.  RealtyBaron quietly launched an answer service alongside our home search, RealSearch(TM), <a href="http://blog.realtybaron.com/2007/01/05/introducing-realsearch%e2%84%a2/">way back on January 5th</a>.  The purpose is to&#8212;you guessed it&#8212;answer questions about homes.</p>
<p>Here&#8217;s how it compares to Zillow&#8217;s new Home Q&amp;A:</p>
<table style="border: thin solid #cccccc; text-align: center" width="450">
<tr>
<th></th>
<th>Home Q&amp;A</th>
<th>RealAnswers(TM)</th>
</tr>
<tr>
<td>Which homes?</td>
<td>Any home</td>
<td>Homes for sale</td>
</tr>
<tr>
<td>Who asks?</td>
<td>Anyone</td>
<td>Home buyers</td>
</tr>
<tr>
<td>Who answers?</td>
<td>Anyone</td>
<td>Real estate agents</td>
</tr>
<tr>
<td>Click Thru Destination?</td>
<td>Responder&#8217;s Zillow Profile Page</td>
<td>Agent&#8217;s Website via Pay-per-click Ad</td>
</tr>
<tr>
<td>Oversight?</td>
<td>Flagging by community</td>
<td>Approval by monitors</td>
</tr>
</table>
]]></content:encoded>
			<wfw:commentRss>http://blog.realtybaron.com/2007/04/04/introducing-realanswerstm/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
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		<item>
		<title>Real Estate Search: How does RealSearchâ„¢ stack up . . . ?</title>
		<link>http://blog.realtybaron.com/2007/01/09/real-estate-search-how-does-realsearch%e2%84%a2-stack-up/</link>
		<comments>http://blog.realtybaron.com/2007/01/09/real-estate-search-how-does-realsearch%e2%84%a2-stack-up/#comments</comments>
		<pubDate>Tue, 09 Jan 2007 13:45:19 +0000</pubDate>
		<dc:creator>realtybaron</dc:creator>
				<category><![CDATA[atlanta real estate]]></category>
		<category><![CDATA[boston real estate]]></category>
		<category><![CDATA[buying a home]]></category>
		<category><![CDATA[chicago real estate]]></category>
		<category><![CDATA[dallas real estate]]></category>
		<category><![CDATA[denver real estate]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[las vegas real estate]]></category>
		<category><![CDATA[los angeles real estate]]></category>
		<category><![CDATA[miami real estate]]></category>
		<category><![CDATA[phoenix real estate]]></category>
		<category><![CDATA[propsmart]]></category>
		<category><![CDATA[realestate]]></category>
		<category><![CDATA[realtybaron]]></category>
		<category><![CDATA[san diego real estate]]></category>
		<category><![CDATA[san francisco real estate]]></category>
		<category><![CDATA[search]]></category>
		<category><![CDATA[seattle real estate]]></category>
		<category><![CDATA[trulia]]></category>
		<category><![CDATA[vast]]></category>
		<category><![CDATA[washington dc real estate]]></category>
		<category><![CDATA[web2.0]]></category>

		<guid isPermaLink="false">http://blog.realtybaron.com/2007/01/09/real-estate-search-how-does-realsearch%e2%84%a2-stack-up/</guid>
		<description><![CDATA[&#8230;pretty good if you ask me. This morning, I searched for homes with asking prices between $250,000 and $500,000 in 13 metro areas and compared the size of RealtyBaron&#8217;s RealSearchâ„¢ results with two real estate search leaders, Trulia and Propsmart. The results surprised me: Atlanta 1,462 1,496 2,693 Boston 242 498 1,240 Chicago 2,420 10,023 [...]]]></description>
			<content:encoded><![CDATA[<p>&#8230;pretty good if you ask me.  This morning, I searched for homes with asking prices between $250,000 and $500,000 in 13 metro areas and compared the size of RealtyBaron&#8217;s <a title="real estate search" href="http://www.realtybaron.com/search/">RealSearch</a>â„¢ results with two real estate search leaders, <a href="http://www.trulia.com">Trulia</a> and <a href="http://www.propsmart.com">Propsmart</a>.  The results surprised me:</p>
<table width="400" style="text-align: center">
<tr>
<th></th>
<th><img alt="trulia" id="image151" src="http://blog.realtybaron.com/wp-content/uploads/2007/01/trulia.jpg" /></th>
<th><img alt="propsmart" id="image152" src="http://blog.realtybaron.com/wp-content/uploads/2007/01/propsmart.jpg" /></th>
<th><img alt="realtybaron search" id="image153" src="http://blog.realtybaron.com/wp-content/uploads/2007/01/realtybaron-search.jpg" /></th>
</tr>
<tr>
<td>Atlanta</td>
<td>1,462</td>
<td>1,496</td>
<td style="font-weight: bold; background-color: #ffff99">2,693</td>
</tr>
<tr>
<td>Boston</td>
<td>242</td>
<td>498</td>
<td style="font-weight: bold; background-color: #ffff99">1,240</td>
</tr>
<tr>
<td>Chicago</td>
<td>2,420</td>
<td style="font-weight: bold; background-color: #ffff99">10,023</td>
<td>9,199</td>
</tr>
<tr>
<td>Dallas</td>
<td>744</td>
<td>332</td>
<td style="font-weight: bold; background-color: #ffff99">1,950</td>
</tr>
<tr>
<td>Denver</td>
<td>411</td>
<td style="font-weight: bold; background-color: #ffff99">1,358</td>
<td>1,186</td>
</tr>
<tr>
<td>Vegas</td>
<td style="font-weight: bold; background-color: #ffff99">5,050</td>
<td>3,264</td>
<td>3,336</td>
</tr>
<tr>
<td>L.A.</td>
<td>369</td>
<td>2,686</td>
<td style="font-weight: bold; background-color: #ffff99">4,023</td>
</tr>
<tr>
<td>Miami</td>
<td>1,950</td>
<td>8,770</td>
<td style="font-weight: bold; background-color: #ffff99">10,375</td>
</tr>
<tr>
<td>Phoenix</td>
<td>2,128</td>
<td style="font-weight: bold; background-color: #ffff99">6,802</td>
<td>4,063</td>
</tr>
<tr>
<td>Seattle</td>
<td>298</td>
<td style="font-weight: bold; background-color: #ffff99">3,470</td>
<td>751</td>
</tr>
<tr>
<td>S.D.</td>
<td>1,038</td>
<td>3,238</td>
<td style="font-weight: bold; background-color: #ffff99">5,519</td>
</tr>
<tr>
<td>S.F.</td>
<td>75</td>
<td>468</td>
<td style="font-weight: bold; background-color: #ffff99">1,186</td>
</tr>
<tr>
<td>D.C.</td>
<td>603</td>
<td>720</td>
<td style="font-weight: bold; background-color: #ffff99">2,374</td>
</tr>
<tr>
<td colspan="4" style="text-align: left; font-style: italic">**NOTE: 15% added to Trulia numbers to account for no FSBOs in results.</td>
</tr>
</table>
<p>Was this a scientific comparison?  No, because it doesn&#8217;t consider the <em>quality</em> of the listing data.  For example, Trulia&#8217;s or Propsmart&#8217;s search algorithms may exclude listings from their index if the listing is missing data points A, B, and/or C.  As a result, the <em>total</em> number of their results would be lower.  Regardless, it was nice to visualize how RealtyBaron&#8217;s <a title="real estate search" href="http://www.realtybaron.com/search/">RealSearch</a>â„¢ sizes up against the incumbents.</p>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How many homes do you want to search today&#8230;?</title>
		<link>http://blog.realtybaron.com/2007/01/08/how-many-homes-do-you-want-to-search-today/</link>
		<comments>http://blog.realtybaron.com/2007/01/08/how-many-homes-do-you-want-to-search-today/#comments</comments>
		<pubDate>Mon, 08 Jan 2007 23:08:10 +0000</pubDate>
		<dc:creator>realtybaron</dc:creator>
				<category><![CDATA[buying a home]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[realestate]]></category>
		<category><![CDATA[realtybaron]]></category>
		<category><![CDATA[search]]></category>
		<category><![CDATA[vast]]></category>

		<guid isPermaLink="false">http://blog.realtybaron.com/2007/01/08/how-many-homes-do-you-want-to-search-today/</guid>
		<description><![CDATA[&#8230;2.7 million at last count. But if the number changes, you&#8217;ll know immediately now that our search form shows the total size of Vast&#8217;s dataset.]]></description>
			<content:encoded><![CDATA[<p><img alt="Search Over 2.70 Million Real Estate Listings" id="image149" src="http://blog.realtybaron.com/wp-content/uploads/2007/01/dataset_size.png" /></p>
<p>&#8230;2.7 million at last count.  But if the number changes, you&#8217;ll know immediately now that our search form shows the total size of Vast&#8217;s dataset.</p>
]]></content:encoded>
			<wfw:commentRss>http://blog.realtybaron.com/2007/01/08/how-many-homes-do-you-want-to-search-today/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hitwise Researcher Predicts Rebound in Sales</title>
		<link>http://blog.realtybaron.com/2006/08/25/hitwise-researcher-predicts-rebound-in-sales/</link>
		<comments>http://blog.realtybaron.com/2006/08/25/hitwise-researcher-predicts-rebound-in-sales/#comments</comments>
		<pubDate>Fri, 25 Aug 2006 20:44:17 +0000</pubDate>
		<dc:creator>realtybaron</dc:creator>
				<category><![CDATA[buying a home]]></category>
		<category><![CDATA[hitwise]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[NAR]]></category>
		<category><![CDATA[realestate]]></category>
		<category><![CDATA[realtor]]></category>
		<category><![CDATA[realtors]]></category>

		<guid isPermaLink="false">http://blog.realtybaron.com/2006/08/25/hitwise-researcher-predicts-rebound-in-sales/</guid>
		<description><![CDATA[Two reports this week indicated the U.S. housing market continues to slow. On Wednesday, the National Association of REALTORSÂ® released existing home sales data showing July sales slipped 11.2% from a year ago. On Thursday, the Census Bureau reported new home sales were down down 21.6% from a year ago. Fear not, says Bill Tancer, [...]]]></description>
			<content:encoded><![CDATA[<p>Two reports this week indicated the U.S. housing market continues to slow.  On Wednesday, the National Association of REALTORSÂ® <a title="July existing home sales for July 2006" href="http://www.realtor.org/publicaffairsweb.nsf/Pages/EHSJuly07">released existing home sales data</a> showing July sales slipped 11.2% from a year ago.  On Thursday, the Census Bureau <a href="http://money.cnn.com/2006/08/24/news/economy/newhomes/index.htm">reported new home sales</a> were down down 21.6% from a year ago.</p>
<p>Fear not, says Bill Tancer, General Manager of Global Research at Hitwise.  He&#8217;s plotted NAR&#8217;s existing home sales against the search term &#8220;homes for sale&#8221; and predicts an uptick come September:</p>
<blockquote><p>&#8230;barring any unusual circumstances over the next week, our search term data indicates a reversal in the downward trend reported by NAR yesterday. The August numbers, scheduled to be released September 25th, should reflect that reversal.</p></blockquote>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>NEW FEATURE: Buyer Rebate Auctions!</title>
		<link>http://blog.realtybaron.com/2006/07/25/new-feature-buyer-rebate-auctions/</link>
		<comments>http://blog.realtybaron.com/2006/07/25/new-feature-buyer-rebate-auctions/#comments</comments>
		<pubDate>Tue, 25 Jul 2006 14:26:59 +0000</pubDate>
		<dc:creator>realtybaron</dc:creator>
				<category><![CDATA[buying a home]]></category>
		<category><![CDATA[leads]]></category>
		<category><![CDATA[propsmart]]></category>
		<category><![CDATA[realestate]]></category>
		<category><![CDATA[realtor]]></category>
		<category><![CDATA[realtor.com]]></category>
		<category><![CDATA[rebates]]></category>
		<category><![CDATA[trulia]]></category>

		<guid isPermaLink="false">http://blog.realtybaron.com/2006/07/25/new-feature-buyer-rebate-auctions/</guid>
		<description><![CDATA[Since launching RealtyBaron.com, our auction platform has only been introducing homeowners to RealtorsÂ®. Today, we start helping the other side of the real estate transaction with Buyer Rebate Auctions. Basically, anyone who has taken the home search into their own hands using vertical search tools such as Realtor.com, Trulia, or Propsmart can use this new [...]]]></description>
			<content:encoded><![CDATA[<p>Since launching RealtyBaron.com, our auction platform has only been introducing homeowners to RealtorsÂ®.  Today, we start helping the other side of the real estate transaction with <a title="realtor rebate" href="http://realtybaron.com/PurchaseAuction.htm">Buyer Rebate Auctions</a>.</p>
<p>Basically, anyone who has taken the home search into their own hands using vertical search tools such as <a href="http://www.realtor.com">Realtor.com</a>, <a href="http://www.trulia.com">Trulia</a>, or <a href="http://www.propsmart.com">Propsmart</a> can use this new feature to connect with a RealtorÂ® who will represent them in the transaction.  RealtorÂ® bids are based on what sales commission (or flat fee) they&#8217;d accept as compensation.  The rebate is the difference between the co-broke fee listed in the MLS and the Realtor&#8217;s final bid.  For example, a co-broke fee of 3% minus a final bid of 1% = 2% rebate for buyer.</p>
<p>Like RealtyBaron&#8217;s current Listing Auctions, bidding on Buyer Rebate Auctions will be controlled by the gatekeeper algorithm, <a href="http://www.realtybaron.com/agentrank">AgentRank</a>â„¢.  As the name implies, AgentRank(TM) ranks agents and prevents underperforming agents from bidding.  By specifying a minimum <a href="http://www.realtybaron.com/agentrank">AgentRank</a>â„¢, buyers can ensure they meet a Realtor who has a proven track record.</p>
<p>For RealtorsÂ®, this feature is an easy way to connect with clients who have already absorbed the most costly part of representing buyers&#8211;the prolonged home search.</p>
<p>UPDATE:  Inman News <a href="http://www.inman.com/inmanstories.aspx?ID=54812">writes about our new Buyer Rebate Auctions</a>.  Thanks, Glenn!</p>
]]></content:encoded>
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		<slash:comments>1</slash:comments>
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	</channel>
</rss>

