Comments on: Cyberhomes Looks to the Future for Salvation

By: Reggie from Cyberhomes

Reggie from Cyberhomes — Mon, 08 Jun 2009 19:01:30 +0000

@dumb and dumber: The Market Forecast report is not built from public records data outside of the initial valuation and the sales history grid. So you will not find the same data on Zillow as you mention. Rather this report is built off a very unique database of credit information, loan repayment data, delinquencies and foreclosures.

@Mike Hale – Check out page 2 of the report for the market trends matrix

@John Wake – brilliant technically…thank you. I’ll past that on to the programmers. I want you to know that we’re always working on new ways to get our name out and of monetize the product. But we do not want to sacrifice the user experience…that’s very important to us.

Market Forecast is the perfect example of ways we can deliver increased value for the consumer with a small premium attached. We’re in a very unique position to create this report and believe we’ve placed the report at a price point everyone will appreciate. Our initial feedback is very positive.

By: John Wake

John Wake — Mon, 08 Jun 2009 09:55:45 +0000

I always thought CH was brilliant techically. Well done, programmers!

But their strategies for monetizing the product were, um, bad. Just lame stuff.

I figured they would eventually hit upon a winning monetization strategy but I guess not.

The programmers got them to 3rd base but the business managers couldn’t bring them home.

By: Rob Hahn

Rob Hahn — Sun, 07 Jun 2009 05:04:38 +0000

Joel -

I saw that “Market Forecast” announcement as well, and my first thought was, “Really?” Second thought was, “Hrm, liability….” That’s probably the whole legal training thing.

In any event, I don’t think that’s where their niche really is, although I do see your point. If I were Cyberhomes, I’d really take a stronger look at Loopnet’s whole model, specifically LoopLink.

-rsh

By: A Little Birdie

A Little Birdie — Thu, 04 Jun 2009 14:08:11 +0000

Salvation? I’ve heard rumors that they CH is dead, folks are moving on and that they are on the block. Can you substantiate?

By: Mike Hale

Mike Hale — Tue, 02 Jun 2009 19:23:38 +0000

The full report has some good info on it. FRom the sample, it seems like it’s mostly info you can find elsewhere, but there’s some value to having it all organized in one place. If they were charging the $3.99 for this report, it’d probably be worth it.

But the “market forecast”? There’s zero value in that. Zillow can’t even get *current* values accurate on a consistent level! There’s no backtesting of historical data to show if their projections have any reliability whatsoever.

This may make some good money for CyberHomes, but I jsut don’t see any real value in the “predictions”

By: dumb and dumber

dumb and dumber — Tue, 02 Jun 2009 14:21:58 +0000

from the sample report I don’t see anything I couldn’t from other websites, like zillow.com.

With my $3.99/$9.99 purchase, does it come with any guarantee?

I think it is a pretty dumb idea to charge people for usage of a fourtune telling program.