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Show HN: Shitty Listings algorithmically finds undervalued property

shittylistings.com

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Re: Show HN: Shitty Listings algorithmically finds undervalued property

#54
post #2

Here's the fun regex we use to find some initial candidates in our analysis: val = str.match(/probate|trust.sale|short.sale|auction|cash.offers|all.cash|(sold|sale|sell|offered|purchase|comes)[^.]+as.is|as.is[^.]+(condition|sale|contract|clause)|tear.down|damage|rehab|tlc|flip|fixer|needs[^.]+work|bring[^.]+(contractor|architect|builder|decorat|designer|developer|ideas|paint|brush|investor|hammer|handy|imagination|vi…

i tough you were more scientific. e.g. looking for lower $/sqf in the same area.

Re: Show HN: Shitty Listings algorithmically finds undervalued property

#55
post #24

Earlier quoted context omitted.

Is there a numerical analysis or just looking at the listing agent description? What I look for as a real estate investor is price disparity: a house with a much lower price than others around it. They say you make money when you buy a house, so buying a low-priced house and bringing up to the standards of the neighborhood has been my formula.

The regex above is one signal we're using. We also look at relative price per sqft and a number of other factors. We could do a little blogpost that goes in-depth on our algorithm if there's interest. We've also tried some fun stuff like running TFIDF on the descriptions [1]. [1]: http://en.wikipedia.org/wiki/Tf%E2%80%93idf

This could be a valuable tool. I like the clean website too. I don't see an About page. It would be interesting to see who is doing this and what you plan to do with it.

Re: Show HN: Shitty Listings algorithmically finds undervalued property

#56
post #24

Earlier quoted context omitted.

Is there a numerical analysis or just looking at the listing agent description? What I look for as a real estate investor is price disparity: a house with a much lower price than others around it. They say you make money when you buy a house, so buying a low-priced house and bringing up to the standards of the neighborhood has been my formula.

The regex above is one signal we're using. We also look at relative price per sqft and a number of other factors. We could do a little blogpost that goes in-depth on our algorithm if there's interest. We've also tried some fun stuff like running TFIDF on the descriptions [1]. [1]: http://en.wikipedia.org/wiki/Tf%E2%80%93idf

could you describe the way you are running TF-IDF on the listings - are you pushing them into Solr/Elasticsearch and then firing a query with the same description to see which scores rank ? Would love to see your query.

Re: Show HN: Shitty Listings algorithmically finds undervalued property

#57
This is really neat. Now, is there a similar service for purchasing car? for example it would be great if there is a service that looks into craigslist or other sources and sees if there are cars available for sale that is less than a year old, and is a total bargain. not that people invest in cars like they do with real estate, but it would be useful for buyers that look for a deal with cars.

Re: Show HN: Shitty Listings algorithmically finds undervalued property

#58
post #24

Earlier quoted context omitted.

The regex above is one signal we're using. We also look at relative price per sqft and a number of other factors. We could do a little blogpost that goes in-depth on our algorithm if there's interest. We've also tried some fun stuff like running TFIDF on the descriptions [1]. [1]: http://en.wikipedia.org/wiki/Tf%E2%80%93idf

This could be a valuable tool. I like the clean website too. I don't see an About page. It would be interesting to see who is doing this and what you plan to do with it.

We're Open Listings (YC W15): https://www.openlistings.co/

We're trying to help people find properties they'd like to buy. We'd be happy to help with the offer and transaction for any home in California, but we're also happy just to provide free tools for home buyers.

Re: Show HN: Shitty Listings algorithmically finds undervalued property

#59

Earlier quoted context omitted.

Any chance that you will come to Melbourne, Aus?

It's probably the same chance of finding a bargain property in Melbourne :(.

Always a chance but probably not in the next year ;)

Re: Show HN: Shitty Listings algorithmically finds undervalued property

#60
This would be an interesting application for Las Vegas, and clearly the core of any 'flip this house' get rich scheme. But as a way of finding and developing underperforming real estate it looks like a good start.

Adding value here will be finding ever more unstructured/invisible feeds (like the records from the county clerk's office recording title changes).

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