The Real Estate Game

Here is an amazing pricing game. The game asks participants to price some various properties and depending on how much the house sells for the participants win points. It is an exceptionally brilliant way to gauge the public’s perception of property value and can be a great tool to help buyers and sellers understand the market value of certain property in particular areas. I have to say it is a wake up call to see how affordable homes are here in the Cincinnati area. Logging onto the site give you a real appreciation for our cost of living. Moreover it is a neat tool for Real Estate Agents to practice drafting Competitive Market Analysis and comparing their findings with other players.

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Comments

  1. Community Mobilization

    Dec 8th, 2007

    Crowd Sourcing Real Estate Pricing

    Cincinnati Living Online points to Red Oak Realty in San Francisco has developed a neat application that asks game players to assign perspective sale prices. What is exceptional is that this system actively polls the populace what they think market

  2. Jason Hartman (1 comments.)

    Dec 11th, 2007

    Interesting tips. I am always on the lookout for such useful resources.

  3. GAMEZENMASTER (1 comments.)

    Apr 3rd, 2008

    Yeah!! (Wrings hands)! Nice blog you have here. I’ve enjoyed much reading your last posts. Keep it that way.

  4. Cincinnati Living Online » Blog Archive » Price Me Now Real Estate Game

    Jun 17th, 2008

    [...] area real estate in an exciting and entertaining real estate challenge. We wrote about this new real estate technology a few months ago and are glad to see it come to our local market. Price Me Now offers asks you what [...]

  5. Life In Queen City »  Price Me Now Real Estate Game

    Jun 17th, 2008

    [...] area real estate in an exciting and entertaining real estate challenge. We wrote about this new real estate technology a few months ago and are glad to see it come to our local market. Price Me Now offers asks you what [...]