Data Base Understanding

Article 1
Article 2
Article 2.5
Multiple Databases but one Interface to join them:
Article 3
Article 4 (public and private databases)
Above articles retrieved from {multiple relational databases}search

AARTT

Founded in November of 2000, AARTT is a consortium of technology companies that have vowed to solve the technical challenges of interfacing the various systems involved in online real estate processes. The Alliance is working to bring its CRTML (comprehensive real estate transaction markup language) initiative to real estate technology providers as quickly as possible so that real estate professionals can soon reap the full benefits of online transaction management. rets + idx search from hit "[XML] standards in the real estate industry"

Seems more residential based ...

[XML] Standards in the Real Estate Industry

rets + idx search result

See also Data Consortium project for institutional real estate referenced in this article

Seems more commercial based ...

US Census Economic Census 2002

USPO 66
Telecommunications 425
Subtotal 491 billion
Publishing 232
Internet & DP 87
Motion Pictures & Sound 76
Broadcasting 73
Subtotal 478 billion

Therefore point to point = $491 billion & point to multipoint = $478 billion; but point to point has higher margins cuz no payment for content.

Total Housing Inventory

Found via search {inventory of u.s. real estate}

ULI Inventory of Real Estate & Related Data Bases

Who Owns America's Farmland?

3 million owners average of 280 acres - half the acreage is rented at less than 6% of land value per year

'Fannie and Freddie Were Lenders':U.S. Real Estate Bubble Nears Its End

12 trillion value of US homes in 2002

P2P + Vonage

I think P2P searhing of world hard disks (3 million TB) and VOIP (vonage) fit this business model ...

Why Strategy Must Change

Moore's Law, Metcalfe's Law, Tranaaction Costs = Disintermediation

Propertyfirst.com

Located this article by search for {propertyfirst} after seeing it mentioned in article about loopnet and costar

www.propertyfirst.com now redirected to loopnet = acquisition by loopnet march 21, 2001

Q&A by CBRE

Found this article via {loopnet v. costar} search

The Internet Rewrites the Rules for Brokers

Article found via {loopnet v. costar) search

NAR CIE Development Guide September 2002

See Summary of Costar & Loopnet in this PDF
located this hit via {loopnet v. costar}search

Xceligent

Found this articlein google search {loopnet v. costar}

Robinson and other brokers who use Xceligent say although other companies, notably California-based LoopNet Inc. and Bethesda, Md.-based CoStar Realty Information Inc., offer similar services, Xceligent's relatively low cost, ease of use and quality of information set it apart.

Xceligent was founded in Independence, Mo., just three years ago. Using about $12 million in financing from investors, it has expanded rapidly. The company added Indianapolis last fall and is now in 15 markets nationwide.

Sublease.com

Why should I use Sublease.com vs. other listing services such as CoStar or Loopnet?

A: There are several good listing services available. Sublease.com is the only service that focuses exclusively on subleases. Unlike other services, we allow anyone to search for FREE so that your listing can get the maximum exposure. Sublease.com’s service is available on a nationwide basis. Once a listing is posted it is viewed immediately by a broad audience, including brokers and tenants.

Costar sued Loopnet

June 21, 2004 4th Cicuit
issues significant digital-era copyright ruling: A divided three-judge panel of the Fourth Circuit issued its ruling today in CoStar Group, Inc. v. LoopNet, Inc. The majority opinion begins:

CoStar Group, Inc. and CoStar Realty Information, Inc. (collectively "CoStar"), a copyright owner of numerous photographs of commercial real estate, commenced this copyright infringement action against LoopNet, Inc., an Internet service provider, for direct infringement under secs. 501 and 106 of the Copyright Act because CoStar's copyrighted photographs were posted by LoopNet's subscribers on LoopNet's website. CoStar contended that the photographs were copied into LoopNet's computer system and that LoopNet therefore was a copier strictly liable for infringement of CoStar's rights under sec. 106, regardless of whether LoopNet's role was passive when the photographs were copied into its system.

Relying on Religious Technology Center v. Netcom On-Line Communications Services, Inc., 907 F. Supp. 1361 (N.D. Cal. 1995), the district court entered summary judgment in favor of LoopNet on the claim of direct infringement under sec. 106. We agree with the district court. Because LoopNet, as an Internet service provider, is simply the owner and manager of a system used by others who are violating CoStar's copyrights and is not an actual duplicator itself, it is not directly liable for copyright infringement. We therefore affirm.

Google & Yahoo & Ebay & Amazon file amicus brief in support of LoopNet December 2003

LoopNet, Inc.

With more than 500,000 registered members, from over 160 commercial real estate organizations, LoopNet provides the Internet's largest commercial real estate listing service, offering over $140 billion of properties for sale and over 2.3 billion sq. ft. of space for lease.

More Than 240,000 Commercial Lease and Sale Listings

40 million Properties Returned in Searches Monthly

Homestore, Inc. 3-15-04

Homestore is running NAR & NAHB websites/databases

Costar Group 10-K 3-12-04

Costar article found via {loopnet v. costar} google search

Watermark in Powerpoint

Proof of Concept

Proof of Concept ensures that you’ve correctly identified the problem and that the proposed solution will solve it

CHASSE's "proof-of-concept" approach includes the general steps:

Definition

Bus Plan Outline

Internet Empowered Consumers

Impact of XML/DTD/XFDL/XForms

XML provides an application independent way of sharing data. With a DTD (i.e. document type definition), independent groups of people can agree to use a common DTD for interchanging data. Your application can use a standard DTD to verify that data that you receive from the outside world is valid. You can also use a DTD to verify your own data.

The MLS industry as we know it today will cease to exist since the whole Net becomes a virtual MLS regardless of where the data resides or who publishes it. The need for regional listing data aggregators goes away.

The importance of real estate "portal" sites (i.e. REALTOR.com, MS Home Advisor, etc.) will diminish since the consumer will not need to use them for access to the listing data.

Agents will find it increasingly difficult to base their value on being the gatekeepers of proprietary listing data.

Listing data will become increasingly commoditized which could result in decreased listing revenues.

Found this article by doing a search {share of real estate commissions + internet portals} on google

NAR Tops One Million Members

Some 2,381,767 people hold broker or sales agent licenses in the United States and about 1,839,093 are active—participating in a transaction in the past year, according to the Association of Real Estate License Law Officials (ARELLO).

An Examination of Key Trends Shaping the Real Estate Industry in 2003 - May 12, 2003

The Strategic Issues Work Group of the National Association of Realtors®’ Association Executives Committee was charged with identifying emerging trends and issues that are likely to impact the real estate industry in the near future. The goal was to prepare a document that will assist real estate associations, brokers, agents and affiliated professionals in their strategic planning. PDF

Homestore.com

Homestore.com (Nasdaq: HOMS) has the largest family of home and real estate related web sites with more than 2 million unique users each month. The family of web sites include REALTOR.com, the official Internet site of the National Association of REALTORS, featuring approximately 1.37 million existing and new home listings and real estate agent and broker services; HomeBuilder.com, the official new home site of the National Association of Home Builders, offering more than 120,000 models, available new homes and plans from over 15,000 builders; SpringStreet.com, providing consumers interested in renting a home with 6.9 million rental units in over 6000 cities; Remodel.com, meeting home improvement and maintenance needs for both consumers and remodeling professionals; CommercialSource.com, providing commercial real estate brokers access to national and international commercial property listings; and Homefair.com, providing consumers with the leading moving and relocation site on the Internet.

KPCB invested in homestore and google both ...Pricewaterhouse bailed out ...lawsuits ...continuing losses ...E&Y new auditors same as google

REALTOR® Consumed Services Outlook White Paper Center for REALTOR® Technology National Association of REALTORS® Oct 8, 2003

PDF

See section on national MLS
This document located at www.realtor.org site
Center for Real Estate Technology - surveys&white papers
http://www.realtor.org/crtweb.nsf/pages/crthomepage

Internet Advertising

Real Estate Research Links

FARES (First American using Fujitsu + Oracle)

FARESarticle from google search on "FARES"

First American Real Estate Solutions (RES®) is the nation’s largestprovider of advanced property and ownership information and applications covering over 1,500 counties and more than 500,000 users nationwide. With a two terabyte data collection on 100 million properties annually and 4 million property and mortgage transactions each month, First American RES coverage extends to over 92 percent of real estate transactions in the United States.

First American information

The nation's largest collector and provider of real estate information
Comprehensive data with more than 100 million parcels in its database
Data derived from more than 3,142 county and municipal government offices

Google S-1

"Our mission is to organize the world’s information and make it universally accessible and useful." April 29, 2004

MISPlan

MIS planning hit from google search

Here is a great planning doc from Vanderbuilt University

NAA

The Nine Commandments of the Real Estate Market

Oracle 10g on Mac OS X

A look at Apple's new G5 Xserve and Xserve RAID

From PCs to Petaflops - The Future of Really Big Computers-Caltech, Nov 5, 2003

Semiconductor technology has had an unprecedented increase in computational power. Performance by the fastest machines in the world has almost doubled every year for the last 10 years. The computer architectures that incorporate the technology and release its potential have gone through dramatic changes. New architectures could employ at least 100 times as many processors as we use today. Among these are logic-intensive architectures with processors incorporating large structures of functional units and processor-in-memory architectures that embed processing logic directly on the memory chips. Dr. Sterling will explore the range of alternative supercomputer architectures from PC based Beowulf-class cluster systems to a new generation of logic intensive and PIM architectures that hold the promise of future breakthroughs in computational science and supercomputing.

Using Google to search by number

This would change to inlude APN #

search results - google filetype:ppt

Hit

BLM

"Yesterday, the BLM auctioned 1,940 acres in Henderson, adjacent to LV. The winning bid was $557 million, more than twice the appraised value. $287,113 per acre (Wow!!). A record. Builders must add about $226 in infrastructure, so you can see the confidence builders have in LV.”

The Anatomy of a Large-Scale Hypertextual Web Search Engine (1998)

Monika Henzinger,Director of Research,Google

Since January 2002, the Google search engine has been powering an average of 150 million web searches a day, with a peak of over 2000 searches per second. These searches are performed over an index of over 2 billion documents, over 300 million images, and over 700 million Usenet messages.

To guarantee fast user response time, Google performs these searches on a cluster of over 10,000 PCs. The main challenges with this architecture are fault-tolerance and the quality of search results. Replication solves the former and PageRank score is used to advance the latter. The PageRank score is based on an eigenvalue computation of a large matrix that is derived from the web graph and is one of the main contributor to very high quality search results.

As Internet use continues to grow, so too does the use of the Google Search engine. The Google architecture is designed to scale to accommodate the growth in usage as well as the growth of the web.

Trackbacks on Greespun Blog about Google

Trackback

Content is Not King!

The Internet is widely regarded as primarily a content delivery system. Yet historically, connectivity has mattered much more than content. Even on the Internet, content is not as important as is often claimed, since it is e-mail that is still the true "killer app."

In general, content is distributed by "mass" or "broadcast" communications systems. Until a few decades ago, such services could be distinguished easily from "point-to-point" (or, more precisely, "person-to-person") communications, which included first class letters and phone calls, and were specific to the people involved in the transaction.

During the last few decades, the distinction between point-to-point and broadcast communication began to blur. Computers allowed for the mass preparation of personalized letters offering credit cards, say. Answering machines and voice response systems led to machine-mediated point-to-point communications. Individuals were able to reach large audiences through postings to netnews, or, more recently, through their personal Web pages. We can expect this evolution of communications to continue, and eventually to achieve that convergence in which there will be a continuum between point-to-point and broadcast communication. However, we are not there yet, and won't be for a while.


These two types of communications were sometimes combined during distribution, as in the postal system, which carried both letters and newspapers, in an early example of "convergence." However, there was a noticeable distinction in how these two types of communication were prepared, handled, perceived by the recipients, and (a point discussed at great length already) in how much people were willing to pay for them.


We may very well end up with a system in which the largest monetary contribution will come from commercial users, the second largest for households paying for point-to-point communication, and the smallest by the transport component of charges for content.

Greenspun on Real Estate

March 19, 2004 - Let's get depressed two days in a row... It is the 10th anniversary of the consumer Web. We have very good mapping services both on- and off-line. A wide variety of sites are visited by people from all over North America every day. Yet when people want to sell a house they almost always are forced to pay 6% to a realtor, just as they did 30 years ago before all of this fancy computer technology was widespread.

Has anyone tried eBay House? Why doesn't it work?

Greenspun on Google

June 15, 2004 - Phil Greenspun commenting on Google's path to growth!

Google is supposed to be going public soon at some sort of fantastically high valuation. A friend asked "How can they possibly grow into that? What can they do besides search?"

If Google is to reach and sustain a Microsoft-style valuation perhaps the best way for them to do this is by providing alternatives to what Microsoft provides. Microsoft is the kind of desktop applications. You buy software from a store and install it on your machine. If a new version comes out you figure out how to buy and install an upgrade. If you get a new computer you spend several days reinstalling all of your applications, probably buying new copies of the ones whose installation CD-ROMs you can't find anymore. If you're traveling and need to edit a document or spreadsheet, tough luck. All of your data is trapped on your home or office computer.

In the Internet enthusiasm of the 1990s various people predicted that desktop applications would be replaced by Web-based applications For most users this has come true in the case of email. If you're a Hotmail or Google Mail user you can read email from any Internet-connected computer in the world. There are a fair number of Internet-based photo sharing and database services. What is then left on one's PC? Word processing, spreadsheet, and PowerPoint documents. If Google were to offer a private database service and a suite of reasonably powerful application programs usable from a Web browser, this might be a serious competitor to Microsoft Office.

So that's my prediction: while Microsoft is trying to replace Google with MSN Search, Google will be trying to replace Microsoft Office with Google Web-based Office.

Test 2

Looking at site structure, links, commenting, etc.

Test 1

This is a test post.