TechFlash Guest Post: A game plan for Google in online real estate

We have a guest post on the Seattle technology news site TechFlash. In the article, I take a look at the potential for Google to enter the real estate search industry, what it will take for them to succeed and some of the consequences it will have for other players in the real estate industry. Check out the link below.

A game plan for Google in online real estate

TechFlash Guest Post: A game plan for Google in online real estate

Posted by Kevin Lisota on Friday, January 15 2010
Permalink  |  Comments  | 

findwell loses tie-breaker for Seattle tech trivia championship

We had a blast last night at the TechFlash Holiday Party & first birthday bash, courtesy of our favorite Seattle technology news team. Congrats to John, Todd & Eric on their successful first year and for continuing to be a valued member of the Seattle technology and startup scene.

As part of the festivities, they hosted a tech trivia competition between local startups to test our knowledge of tech history and lore. While they threw in a few easy ones, many of the questions left everyone stumped. You can test your own knowledge here.

Team findwell’s preparation paid off, and we wound up in a tiebreaker for the trivia championship, but ultimately lost in a tiebreaker to Team Cheezburger. We are going to appeal our second place finish, as we suspect that there might have been some LOLcheats from the Cheezburger folks. Check out Ben Huh trying to hide his iPhone behind some holiday decorations. A recent LOLcat seems to tell the whole story of their supposed “victory.”

Ben Huh

FINDWELL TEAM WUZ ROBBD CHEEZBURGER TEAM CHEATD AT TRIVIA WIF PERFORMANCE ENHANCIN DRUGS
moar funny pictures
Posted by Kevin Lisota on Thursday, December 10 2009
Permalink  |  Comments  | 

Seattle real estate apps for the iPhone – SMACKDOWN

I did a guest post today on Seattle Bubble which gives a rundown of the real estate search apps available for the iPhone in Seattle. We’ve got a plethora of iPhone apps in the Seattle, including Zillow, John L Scott, Coldwell Banker and Redfin. We don’t yet have our own iPhone app, so I thought I would do an in-depth comparison of the four that are out there. Check it out to see who won the smackdown!

Posted by Kevin Lisota on Tuesday, September 08 2009
Permalink  |  Comments  | 

Zillow + iPhone – a real estate combination I could not resist

zillow findwell is featured today on TechFlash, a news site about the technology industry in Seattle. I have been a loyal Windows Mobile user ever since I was a product manager on the team that launched the original Windows Mobile devices in 2002. However, I was lured to an iPhone because of the Zillow real estate app. As a real estate broker, I need access to as much information about homes as possible, preferably when I am out in the field touring or showing homes. While I can get a lot of information about active listings by logging in to our MLS database from my phone, that doesn’t provide me with details on all of the other homes in the neighborhood. With the Zillow App, they have made this easy. The phone uses GPS to locate where I am at any given moment. It then draws a map with all of the surrounding homes on it. Zillow is able to pull data from tax records showing the configuration and size of each home in the neighborhood, along with sale records of what each home has previously sold for. Homes listed for sale on Zillow will show photos and agent contact information as well. In addition, you also can get a quick estimate of current property values through their Zestimate.

If you are a real estate agent or just in the market to buy a new home, I encourage you to check out the Zillow App. I think it is a great addition to your “online toolbox” of information about real estate and is super useful when you are out viewing homes.

Posted by Kevin Lisota on Friday, July 31 2009
Permalink  |  Comments  | 

The “old-school” version of Yelp

moleskin book

I love online customer reviews. Sites like Yelp and Judy’s Book are great when you are researching a business and want to here what everyday people are saying about them. ServiceMagic also does a decent job of showing you customer reviews and rankings for their suggested home repair vendors.

Yesterday I was obtaining bids to refinish the hardwood floors at one of our listings. I met with Mike Diep from Artisan Hardwood Floors who I found through ServiceMagic. He took measurements, gave me a bid, and then asked if I had read his reviews on ServiceMagic. I said I glanced at them. What he did next surprised me.

Mike said “Let me show you some of our other reviews”. He proceeded to pull out a neat, leather-bound notebook filled with handwritten customer comments. Each review had the date of service and was handwritten by his customers. There were month’s worth of reviews in this notebook, and he had 2-3 reviews written per week, most of them great reviews.

At first, it seemed a horribly inefficient and outdated way to gather customer reviews. I mean, how does he publicize all of those? But as I walked away, I recognized the genius of his practice. I was sold. The reviews were great and clearly written by each of his customers. There was no way to doubt their authenticity. The pride in the contents of that book and his work was obvious, and of course I now want to use his services. Online sites could only hope to have this sort of visceral reaction.

I walked away from this experience hoping that we can use our own customer testimonials in a similar way. I know that our customers love our service, but how I can bring that heartfelt sentiment across to other potential customers? Mike Diep has it figured out.

Posted by Kevin Lisota on Wednesday, July 22 2009
Permalink  |  Comments  | 

Technology at every step of the real estate process

Printing press from 1811, photographed in Muni...When choosing a real estate agent, it is important to understand how they use technology to help you buy or sell a home. Technology has transformed and continues to transform the real estate industry, yet amazingly there are many agents in the business who refuse or are slow to embrace it. I recently attended a meeting where a very experienced broker was proud that he did not check his email every day! I also know many agents who still carry pre-printed contracts and a pen around with them to write offers. The best agents are the ones who have learned to harness all of the available technology to make the home buying/selling process more efficient. A more efficient agent makes your real estate transaction smoother, improves communication and ultimately allows the agent to charge lower fees, saving you money.

Let’s take a look at the technology we are using today at findwell to improve real estate transactions.

  1. Searching for homes – Home buyers have a variety of powerful websites at their disposal, such as Estately or Redfin, to find their dream home. As agents, we have access to an agent-only site run by our MLS. While all agents have access, many do not use it to its full potential. We use our Northwest MLS site to manage home searches for all of our clients, send us real-time updates of changed listings, and to search and generate Comparative Market Analysis (CMA) reports for our customers. We also have access to an online database of tax and title information called Realist, so we can quickly look up the deed, mortgage and tax histories for any property in our area.
  2. Advertising homes for sale – If you are selling a home, you want the widest possible marketing exposure for your listing. By entering your home in the Northwest MLS database, your listing will instantly appear on thousands of brokerage websites via a technology called IDX. There are also a wealth of tools available to us that help us gain extra exposure for your listing. We use a listing syndication service called vFlyer that generates a professional, online flyer for your property and automatically sends it to 18 online services such as Zillow, Trulia, Google, Yahoo and Craigslist. We are also able to track web traffic to your listing generated by each of these sites.
  3. Automated agent feedback for our sellers – We utilize an automated feedback system for our sellers. Agents who show your home use the keybox we have placed on your house to gain access. That keybox tracks the name of the agent and time that they accessed the home. We are then able to automatically request feedback from the agent via email, though many times we seek more detailed feedback via phone. The feedback system provides our home sellers with a dashboard to view all showing activity and feedback from other agents and their buyers. Having this sort of feedback available makes it easier to gauge interest in the home, easier to price the home accurately, and also gives you real-time feedback on what may be preventing the home from selling.
  4. Stunning, professional photography – It is amazing just how many listings have poorly lit, poorly composed, or just downright ugly photographs of the home. Many of these are a result of a 15-minute photo session with your agent’s point and shoot camera. With today’s online search websites, there is nothing more important that having a set of high quality photos of your home for potential buyers to browse online. In order to sell your home, you need buyers to visit in person. In order to entice them to visit, you need a beautiful set of photos. We provide professional photos at no additional cost for all of our listings, making sure that each home is captured looking its best. A professional photo shoot will ensure proper lighting and high quality wide-angle shots. They also provide a high-resolution online photo tour of the home for buyers who want to see even more detail.
  5. Tools for working remotely – Our agents are all equipped to maximize their time when touring homes in the field. We outfit our agents with portable GPS devices to make touring homes efficient. We also make sure that each agent has a smartphone that is capable of remotely accessing our MLS database. This remote access to the MLS is key when you stumble upon a property during your tours and would like to know if it is available, how long it has been on the market, price history, and other details. It also lets us instantly check to see if the home is vacant and available for an immediate showing, or if we have to set an appointment and come back later.
  6. Instant accessibility to your agent – In real estate, time is often of the essence to get the property that you want. We strive to make our agents accessible at all times, whether by phone or email. Our agents carry Windows Mobile smartphones which allow instant access to email from our corporate email server. We also utilize the Microsoft Response Point phone system at our office that allows us to quickly transfer calls either to an agent at their desk or to their cell phone if they are out in the field. We also take the simple step of forwarding our phone system on the weekends so that callers on the weekend are not left waiting until Monday to hear back from us.
  7. Agent interaction via social media – We have dove head first into a variety of social media to improve communication with our clients. Our blog is a means to communicate the latest trends and information about our local real estate market and is powered by SQL Server 2008 to ensure the fastest possible performance. We also provide frequent real estate updates via Twitter and Facebook, allowing us to advertise our listings, educational seminars and services.
  8. Instant online access to documents – By its nature, real estate generates lots of paperwork in a short amount of time. We use an online document management system called SureClose to store and retrieve all of our client transaction files. Our agents are able to instantly access all of your offer paperwork and closing files from any computer in the world. We can also give our clients their own logon to access the system from their own computer. We also use Microsoft’s Small Business Server 2008 to run the backend infrastructure at our office. Our agents have instant remote access to all of our corporate computing resources from any web browser in the world.
  9. Scanners and computer-based fax – While faxes may be an old technology, legal and signature requirements make them an unfortunate fact of life for every real estate transaction. We would love to be fully paperless, but for the time being we utilize computer-based fax services. Faxes are sent and received from within our email system, so agents don’t have to consult a printout back at the office. Outside the office, we make sure that our agents all have access to remote scanning and faxing capabilities so that they can process your offer paperwork at anytime and anyplace.
  10. Tracking customer interactions with CRM – We use Microsoft Dynamics CRM to track all of our interactions with customers. This allows us to share customer history with our team of agents, and makes sure that we have access to your detailed history when you contact us in the future.
  11. Real-time web traffic monitoring – We use Clicky to measure the real-time traffic to our websites. By monitoring what information customers are looking for and consuming on our website every day, we can fine tune our web content to make it even more useful for our customers.
  12. The latest software and laptops – We make sure to outfit our agents with the latest and greatest hardware, productivity software and operating systems to maximize their productivity. Currently, all of our agents have Windows Vista-based laptops with Office 2007, and we will certainly be early adopters of Windows 7 and Office 2010.

By its nature, technology evolves more quickly than we can sometimes adopt it, but we strive to keep up to date on the latest trends. By the time you read this, I’m sure that the above list will already have changed as we discover new tools and gadgets. In fact, in writing this article, I discovered a new search tool to add to our blog. Ultimately, our goal is to make sure that our interactions with home buyers and sellers are efficient and that we are accessible via the means that our customers demand. How is your real estate agent using technology?

Posted by Kevin Lisota on Saturday, May 23 2009
Permalink  |  Comments  |