{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Using Predictive Analytics to Find Sellers - Brad McDaneil ","description":"&amp;nbsp;One thing that has really improved in this industry is technology--technology used to be your CRM now its the ability to send targeted ads to age groups, specific geography or category. &amp;nbsp; One thing that is going to get better and better is predictive analytics.&amp;nbsp; All kinds of companies are developing new predictive models.&amp;nbsp; If companies better predict buying or selling behavior we can get in front of the seller sooner.&amp;nbsp; &amp;nbsp; Its going to be a while before these things really get sorted out so Im not worried about this in the short term.&amp;nbsp; I do see a few threats on the horizon and some of these you probably should be aware of. &amp;nbsp; First--are you familiar with the lawsuit between redfin and the DOJ?&amp;nbsp; Redfin was suing for more transparency around buyer broker commissions.&amp;nbsp; Redfin wants to fundamentally remove the ability for buyers agents to work for a buyer and get paid by the seller.&amp;nbsp; They want buyers to pay their agents directly.&amp;nbsp; That means that when you take on a new buyer you will have to negotiate your own buyers agent fee upfront.&amp;nbsp; No more will you help a buyer find a house and get paid by the seller at closings.&amp;nbsp;&amp;nbsp; &amp;nbsp; While this sort of transparency is always good it will undoubtedly effect commissions in many markets.&amp;nbsp; Here in San Diego where the average price is 850,000 dollars a buy side commission is roughly 25,000 dollars.&amp;nbsp; I think a lot of buyers are going to experience sticker shock.&amp;nbsp; We will have to see what this ends up looking like over the next 18 months but, I think this is a call to action whereby agents particularly ones focusing on buyers that they up their game.&amp;nbsp; You going to have to up your game and really get clear on what value you add to a transaction.&amp;nbsp;&amp;nbsp; &amp;nbsp; I might do an episode on that----hit me on twitter if that sounds interesting my handle is @superagentslive ","author_name":"Super Agents Live- Selling Real Estate","author_url":"http:\/\/www.superagentslive.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/20185568\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/109542761"}