Welcome!
Hi Kris Always great to read you. Check out Chris Anderson's new book "FREE-The future of a radical price" (for which I paid $29.95). Go figure. He also wrote "The Long Tail" and is editor of "Wired" magazine. I am just through the first few chapters but it does put the notion of "free" into some very interesting perspectives. I just need to see if/how it can apply to the real estate profession. Best to you Kris David
Ok Joseph, you raise excellent questions. This may be why I dismissed this firm's suggested solution earlier. DOM is uniformally defined within each MLS but certainly not nationally. LP2SP ratio also varies by market and could be measured against the original list price OR the last list price. If the agent is working multiple markets, this could surely skew the scores. Creating meaningful and accurate stats is tough particularly if an agent has limited/no numbers. Accredidation might be an indicator-is (s)he a registered buyer or short sale agent? Funny how we all love to hear success stories borne out of luck and hard work. When it comes to our homes, health or personal finances however we are understandably skeptical of inexperienced albeit well intentioned advisors. Clearly I need to give this more thought.
Rob I am reminded there are no new ideas; rather variations on old ones. In this instance I really like the novel presentation/display of the data. Yes it can be manipulated. No question. However, there may be a way for it to work. Maybe a separate "UL Approved" entity that verifies/validates. Regardless, I think the guys from Diverse Solutions may be on to something. Thanks for forcing me to look at this again and from a different perspective.
