{"id":8926,"date":"2009-06-19T00:26:08","date_gmt":"2009-06-19T07:26:08","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=8926"},"modified":"2009-06-19T00:26:08","modified_gmt":"2009-06-19T07:26:08","slug":"freeing-the-real-estate-market-from-the-real-estate-industry","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8926\/freeing-the-real-estate-market-from-the-real-estate-industry\/","title":{"rendered":"Freeing The Real Estate Market From The Real Estate Industry"},"content":{"rendered":"

AREBOT.com, which stands for the American Real Estate Board of Trade,\u00a0 is the name of the company that intends to open up the demand-side statistics, by voluntary submission of properties, to an online NASDAQ-like market.<\/p>\n

DISCLOSURE:\u00a0 From this point forward, my opinion may be considered biased.\u00a0 I have a verbal agreement to receive site advertising in exchange for publicity.<\/strong><\/p>\n

The intention of my post about the “big idea”<\/a> was to “smoke AREBOT out”.\u00a0 I knew they were getting ready for a site launch and wanted to have it revealed to the Bloodhound Blog community first.\u00a0 C. Aaron Bruce, the founder, was happy to explain the site and encouraged me to explain it to you ahead of the official press releases.\u00a0 This “exclusive”, if you will, is available to all, Wednesday June 24, 2009 at 1PM (PDT), on a conference call.\u00a0 If you’re interested in the call, raise your hand below and I’ll email you the details.<\/p>\n

AREBOT.com is not intended to be an “auction”.\u00a0 It is an open, transparent, real-time market.\u00a0 Each zip code will have a live “ticker” moving across the screen, displaying actual offers on homes.\u00a0 Each listed property will display a time-dated offer history.\u00a0 Entries are voluntary and cost nothing to the sellers of the home.\u00a0 The “price”, if you will, is that they offer the property on this\u00a0 transparent market.<\/p>\n

Buyers offer on the properties by entering the terms .\u00a0 The bid is then considered to be “unverified”, signified by it’s yellow color, until verified and submitted by a licensed real estate agent.\u00a0 Licensed real estate agents may offer their buyer brokerage services, at no cost, on the site.\u00a0 Listing agents are protected by their listing agreements and may voluntarily display listings on the site, at no cost to them or the seller.\u00a0 Verified offers turn green and stay that way for 24 hours (or longer if both agents are negotiating); offers are still accepted until the property is withdrawn from the system.\u00a0 Rejected offers turn red and are displayed with the property, in perpetuity.\u00a0 Final terms are not disclosed as most states publicly disclose sales information.\u00a0 I have no idea Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

AREBOT.com, which stands for the American Real Estate Board of Trade,\u00a0 is the name of the company that intends to open up the demand-side statistics, by voluntary submission of properties, to an online NASDAQ-like market. DISCLOSURE:\u00a0 From this point forward, my opinion may be considered biased.\u00a0 I have a verbal agreement to receive site advertising […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,18,5],"tags":[],"class_list":{"0":"post-8926","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-marketing","7":"category-podcast","8":"category-real-estate","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":436,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/436\/blogoff-post-59-how-to-explain-rss-the-oprah-way\/","url_meta":{"origin":8926,"position":0},"title":"Blogoff Post #59: How to explain RSS the Oprah way . . .","author":"Greg Swann","date":"September 26, 2006","format":false,"excerpt":"From the Problogger \u2018How To\u2026\u2019 Group Writing Project, Back in Skinny Jeans teaches us \"How to explain RSS the Oprah way\":The technical acronym for RSS is \u201cReally Simple Syndication\u201d, an XML format that was created to syndicate news, and be a means to share content on the web. Now, to\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1839,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1839\/flash-your-business-card-and-show-us-your-marketing-philosophy\/","url_meta":{"origin":8926,"position":1},"title":"Flash your business card and show us your marketing philosophy","author":"Greg Swann","date":"August 22, 2007","format":false,"excerpt":"This is a Richard Riccelli idea: Let's talk business cards in depth. I have built a form that you can use to upload an image of your business card. The form also asks you for your thoughts on your card. Use that space to explain your objectives for your card\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16276,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16276\/there-is-no-real-estate-inventory-problem-in-oceanside-ca\/","url_meta":{"origin":8926,"position":2},"title":"There is no real estate inventory problem in Oceanside, CA","author":"Brian Brady","date":"January 11, 2013","format":false,"excerpt":"How often had you heard real estate agents complain about \"the inventory problem\" this past year?\u00a0 I used to think their complaints were farcical until these past 3-4 months.\u00a0 I have about a dozen pre-approved buyers out looking for homes.\u00a0 Interest rates are low and the foreclosures are getting snapped\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18567,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18567\/overnight-news-in-the-easiest-real-estate-market-ever-zillow-discovers-that-real-estate-brokerage-is-hard-work-and-decides-to-take-a-breather\/","url_meta":{"origin":8926,"position":3},"title":"Overnight News: In the easiest real estate market ever, Zillow discovers that real estate brokerage is hard work and decides to take a\u00a0breather.","author":"Greg Swann","date":"October 19, 2021","format":false,"excerpt":"Here's an interesting question: Given that we know that the iBuyers gouge buyer's agents, could it be that they also gouge all their other vendors? This could explain why Zillow has discovered that it is unfit for the house-flipping business: It can't get rehab contractors, and, for bizarre reasons unknown,\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/638\/yo-grandpa-just-call-it-grandpanomics\/","url_meta":{"origin":8926,"position":4},"title":"Yo, Grandpa: Just call it Grandpanomics . . .","author":"Greg Swann","date":"November 14, 2006","format":false,"excerpt":"It's the integrative quality of an apposite concept. You explain it once, and the word itself encapsulates your entire argument. Every idea you want to convey on the subject is subsumed by that one term. Very slick... Technorati Tags: real estate marketing","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2268,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2268\/the-odysseus-medal-the-most-powerful-two-way-internet-communications-tool-so-far-developed\/","url_meta":{"origin":8926,"position":5},"title":"The Odysseus Medal: “The most powerful two-way Internet communications tool so far developed”","author":"Greg Swann","date":"November 26, 2007","format":false,"excerpt":"Let's talk about real estate weblogging, shall we? By an accident of synchronicity, that seems to be what bubbled up to the top this week. The Odysseus Medal goes to Gary Elwood for Naked Conversations: The Lynchpin to Your Real Estate Marketing Blog:In a nutshell, blogging is one of the\u2026","rel":"","context":"In "Blog Carnivals"","block_context":{"text":"Blog Carnivals","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blog-carnivals\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=8926"}],"version-history":[{"count":14,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8926\/revisions"}],"predecessor-version":[{"id":8940,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/8926\/revisions\/8940"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=8926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=8926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=8926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}