+1 (718) 878-4993 services@datahen.com
Why Data Scraping is the Best Solution in the Real Estate

Why Data Scraping is the Best Solution in the Real Estate

The Real Estate industry is one of the most competitive industries today. In any geographical area there are dozens of real estate companies trying to get their slice of the pie. To get ahead, you must have superior service and knowledge; but first, you must have all the facts. You need to understand the current market for the geographical location where you are working, as well as how it is expected to perform in the future. To properly understand pricing, you need to run the comps. “Run the comps” is real estate jargon for the method of determining what the competitive price for a given property would be based on the price that similar properties in the area  have been able to fetch on a per square foot basis. This process involves taking the sale price and dividing it by the number of square feet to figure out an average, and then comparing this against other similar properties to get an average price per square foot ratio. Of course, foreclosures need to also be taken into consideration. Much of this information is restricted to real estate agents in their Multiple Listing Service database, referred to as MLS. As a real estate professional, you need to have a working knowledge of agents, listings, plots, and prices. Gathering this information and processing it can be both time consuming and tedious, not to mention difficult to get. To stay ahead in the marketplace, one must not only understand current market trends but also be able to forecast where they are going in the future. A prominent Miami broker and investor – Nicolas Quijano, once...
2 Ways Data Scraping Is Transforming the Real Estate Industry

2 Ways Data Scraping Is Transforming the Real Estate Industry

Online presence is increasingly becoming one of the most important things for any business nowadays. The reason for it is that business markets everywhere are ultra-competitive and if you want your company to succeed in the ocean of companies providing same or similar services you need to have better and more efficient online presence which is capable of presenting competitive prices, better service and more reliable information on the specific industry. In this and many other ways real estate business is one of the most competitive businesses out there. And it makes a lot of sense really: every region has a considerable number of real estate companies all competing for the valuable place in the market. If your objective is to secure the biggest and juiciest part for your company, you’re going to have to provide the 2 necessary “Q”s: Quality and Quantity of information. First of all, what information do you need in order to have your real estate company function properly?         Real estate listing         Buildings details         Buyer and seller profiles         Details on reputable real estate agents Having all these will ensure you have good quality and quantity of information and help you create your own database in your company’s website. In addition to that, it will also enable your company to make more informed decisions and set your business on the right track. The other question is “how can you obtain the abovementioned relevant information for your company”? The easy way will be to start extracting data from the net yourself or to hire a third-party service that will lift the heavy burden from your shoulders. It...