en-us https://www.intensedebate.com/users/808648 Comments by Marketwise http://marketwi.se/2011/06/development-market-is-stabilizing/#IDComment175329622 Errr... let's move on. Tue, 19 Jul 2011 23:09:53 +0000 http://marketwi.se/2011/06/development-market-is-stabilizing/#IDComment175329622 http://marketwi.se/2011/06/development-market-is-stabilizing/#IDComment175325151 I'm trying to decide what my favorite part of your comment is. I've narrowed it down to the following: -your mention of your advanced degrees which make you really smart -the fact that you can see the future -the fact that you are calling me a liar about the interactions I am reporting with market participants -the fact that you ignored what I actually wrote in my post when I said that I didn't expect construction to immediately begin Thanks for the intelligent comment. The North Texas Land Council is in good hands. Tue, 19 Jul 2011 22:56:21 +0000 http://marketwi.se/2011/06/development-market-is-stabilizing/#IDComment175325151 http://marketwi.se/2011/06/pricing-yourself-out-of-upside/#IDComment168762927 Sounds like you need to step up those offers a little!!!! Fri, 1 Jul 2011 18:34:46 +0000 http://marketwi.se/2011/06/pricing-yourself-out-of-upside/#IDComment168762927 http://marketwi.se/2011/06/a-national-real-estate-index/#IDComment168762189 Bruce - I'm probably on the other side of this one. I would always rather see more data. But that might just be the nerd in me as they say more data tends only to paralyze. Thanks for commenting. And thanks for getting the discussion started. Fri, 1 Jul 2011 18:32:14 +0000 http://marketwi.se/2011/06/a-national-real-estate-index/#IDComment168762189 http://marketwi.se/2011/06/a-national-real-estate-index/#IDComment168761858 Dan - Chris says that his index is better than yours. Response? Fri, 1 Jul 2011 18:31:06 +0000 http://marketwi.se/2011/06/a-national-real-estate-index/#IDComment168761858 http://marketwi.se/2011/06/a-national-real-estate-index/#IDComment168761699 Chris - Now that you guys own Loopnet as well, I would think you could publish a monthly traffic index that would show interest in the market. Will we ever see that? Fri, 1 Jul 2011 18:30:34 +0000 http://marketwi.se/2011/06/a-national-real-estate-index/#IDComment168761699 http://marketwi.se/2011/06/was-the-housing-boom-an-anomaly/#IDComment167220035 Good point re: Web 2.0 bubbles. Mon, 27 Jun 2011 15:58:37 +0000 http://marketwi.se/2011/06/was-the-housing-boom-an-anomaly/#IDComment167220035 http://marketwi.se/2011/06/letting-deals-go/#IDComment163194746 Property Virgins, House Hunters, etc. fill up the DVR. Thu, 16 Jun 2011 15:09:34 +0000 http://marketwi.se/2011/06/letting-deals-go/#IDComment163194746 http://marketwi.se/2011/06/letting-deals-go/#IDComment163194648 I like any comparison between real estate and gambling. Thu, 16 Jun 2011 15:09:14 +0000 http://marketwi.se/2011/06/letting-deals-go/#IDComment163194648 http://marketwi.se/2011/06/google-earth-for-growth-comparisons/#IDComment158606904 Exactly. As a land broker you want to be straddling the edge of the frontier. You need both a) land that is worth something and b) a lot of it. Thu, 2 Jun 2011 18:52:22 +0000 http://marketwi.se/2011/06/google-earth-for-growth-comparisons/#IDComment158606904 http://marketwi.se/2011/06/google-earth-for-growth-comparisons/#IDComment158606670 Sorry. Should have mentioned that. I've updated the post with a screencap. Thu, 2 Jun 2011 18:51:32 +0000 http://marketwi.se/2011/06/google-earth-for-growth-comparisons/#IDComment158606670 http://marketwi.se/2011/05/cash-excess-capacity-optimism/#IDComment157890717 Agree with Cash + Excess Capacity = Opportunity. BTW, I think this will be a slow climb out of the current situation. But I think opportunity is exactly right. Tue, 31 May 2011 17:43:54 +0000 http://marketwi.se/2011/05/cash-excess-capacity-optimism/#IDComment157890717 http://marketwi.se/2011/05/the-contrarians-dream-still-showing-signs-of-worsening/#IDComment156098188 I've heard that the problem is with gambling revenues, not hotel or entertainment. We'll get into this tomorrow a little. Wed, 25 May 2011 20:09:29 +0000 http://marketwi.se/2011/05/the-contrarians-dream-still-showing-signs-of-worsening/#IDComment156098188 http://marketwi.se/2011/05/social-media-gurus-and-slowpitch-softball/#IDComment156025720 Agree. Wed, 25 May 2011 15:52:53 +0000 http://marketwi.se/2011/05/social-media-gurus-and-slowpitch-softball/#IDComment156025720 http://marketwi.se/2011/05/profiles-trump-solo-the-new-yorker/#IDComment152094921 I think a lot of real estate pros have a natural visceral reaction to Trump because he isn't making his money through being an actual developer anymore. If he was still grinding it out doing projects, I think the reaction would be different. Sat, 14 May 2011 16:32:28 +0000 http://marketwi.se/2011/05/profiles-trump-solo-the-new-yorker/#IDComment152094921 http://marketwi.se/2011/05/how-to-fix-the-online-cre-servicespart-ii/#IDComment151738004 Yes! Exactly. Although I don't know if it's better that the rating system be visible, or work behind the scenes. Fri, 13 May 2011 14:04:20 +0000 http://marketwi.se/2011/05/how-to-fix-the-online-cre-servicespart-ii/#IDComment151738004 http://marketwi.se/2011/05/how-to-fix-the-online-cre-servicespart-ii/#IDComment151482026 I forgot to mention Step 6 of my plan. Confidentiality agreements. Thu, 12 May 2011 21:31:11 +0000 http://marketwi.se/2011/05/how-to-fix-the-online-cre-servicespart-ii/#IDComment151482026 http://marketwi.se/2011/05/how-to-fix-the-online-cre-servicespart-ii/#IDComment151460809 I'm thinking that you could view simple text search as Level I of a solution to a problem. Think of the Level II solution to the problem as being that the system has already processed all of the text through its algorithm in order to figure out exactly what is for sale, and to apply a quality score to that listing based on the algorithm. A way to think about it might be as follows: let's say that you're looking for light industrial space and you input your search. One of the potential properties has freeway visibility, while all of the others do not. The algorithm not only checks the asking price for that space against industrial properties near the site, but it also checks it against other industrial properties with freeway frontage, and it uses all of the information available to score the listing's search rank. So maybe the space is more expensive because it has freeway frontage, or maybe it's still expensive even if you compare it against other properties with frontage. Getting the algorithm to be able to recognize that difference, and to tailor search results based on the quality of the listing is where the analytics come in. Google has become a multi-billion dollar company based on creating order from the chaos of the web. The listing services need to do the same thing with their systems. Right now the listing systems are run like a swap meet. Thu, 12 May 2011 20:45:45 +0000 http://marketwi.se/2011/05/how-to-fix-the-online-cre-servicespart-ii/#IDComment151460809 http://marketwi.se/2011/05/how-to-fix-the-online-cre-servicespart-ii/#IDComment151453086 Thanks for commenting. I actually use ring analysis with my GIS to automate review of properties. I throw say 500 local land listings in the GIS, tell it to do ring analysis for each as to the average list price within a 3 mile radius, and then tell me what % the listing is discounted to the competition. Doing that I get a list of usually about 5 or so deals that truly are discounted, and which have a very high success rate of going into contract in a few days or maybe a few weeks. I further review those properties, but now I'm reviewing 5, not 500. It sounds like using mittens when you should be using gloves, but I promise it works. For the text analysis, I guess my point is that text analysis can help with classification problems that the system is not already set up do deal with like for instance, does the property have freeway visibility. That kind of thing isn't suited to having a check box "(Yes Freeway?)", so it's something that text mining can help with if you want to compare like properties. There is a lot of mine-able data in the comment fields of listings that can help with the fuzzy classification problem that exists with trying to determine exactly what is for sale/lease. Thu, 12 May 2011 20:11:34 +0000 http://marketwi.se/2011/05/how-to-fix-the-online-cre-servicespart-ii/#IDComment151453086 http://marketwi.se/2011/05/data-mashups-and-visualizations/#IDComment150876143 Dan - Thanks for commenting and sharing your thoughts. Wed, 11 May 2011 03:44:41 +0000 http://marketwi.se/2011/05/data-mashups-and-visualizations/#IDComment150876143