What $1 Million Buys In Homes Across The U.S

By
Services for Real Estate Pros with RealBird Inc.

What $1 Million Buys in Homes Across the USForbes has an article with the identical title posted a few days ago comparing different US markets and what one gets for a million bucks.

I'd like to start a project here on ActiveRain calling all of you who have a property at this price point ($1 million +- 5%) to post it on RealBird for free. Let's enhance the article with real, for sale listings, maybe Forbes will give us (all of us) some link love for our efforts. Once we have 1,000 such listings in our database, we - at RealBird - will create a mashup and also a widget for all of us to share.

Who is in?

If you are, than do the following:

  1. Register at RealBird (for free) or log into your existing account
  2. Enter your $1M residential listing and publish it (needless to say, make sure you have the right to do so, as we syndicate them all over the web)
  3. Leave a comment below with your RealBird link embedded to show that you are participating (and to get some more SEO juice) and to encourage others to participate as well
  4. Once we reached the 1,000 property mark ($1M +-5% residential) , we'll make the mashup and the widget public so that you can co-market each others listing

This is a research endevour but with real listing data, so please post valid listings. Added benefit for you of course is that you market your property in the process. You may even win new listings by sharing this project with your friends and  prospects. Also, share with your real estate network as well.

(Of course, RealBird is available for marketing all other type of listings. It's free. Go check it out) 

-- Zoltan
RealBird.com

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Rainer
41,337
Endea Thibodeaux
Lanham, MD
Solar Energy Consultant, CDPE, CLHMS

Yes Zoltan,

I was referring to the Luxury Home Marketing Group.

Feb 19, 2008 12:25 PM #11
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA
Thanks Endea !
Feb 19, 2008 12:46 PM #12
Rainer
184,266
Tina Merritt
Nest Realty - Blacksburg, VA
Virginia Real Estate

Zoltan,

Great idea.  Unfortunately, I don't have any listings in that range right now, but you know I love RealBird.  I'll be sure to mention this to the other agents in my office!

Feb 19, 2008 02:18 PM #13
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

Thanks Tina. Sounds great !

-- Zoltan 

Feb 19, 2008 02:44 PM #14
Rainmaker
243,443
Geordie Romer
Windermere Real Estate / NCW - Leavenworth, WA
Serving Leavenworth, Lake Wenatchee, and Plain

Zoltan-

I am definitely going to play along. This will be on my to do list for tomorrow. I have one listing for the moment and should have two more to add in the next month.

Thanks for the spark..

Feb 19, 2008 03:29 PM #15
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

Geordie - Sounds good. We'll see you on RealBird tomorrow.

We are at at #132 $1M listing mark in RealBird.  

-- Zoltan

Feb 19, 2008 04:45 PM #16
Rainmaker
144,225
Janie Coffey
First Coast Sotheby’s International Realty - Ponte Vedra, FL
Uniting Extraordinary Homes w/ Extraordinary Lives
Hi Zoltan, this is a  great idea.  I wish I had a listing that qualifies, but I am either too low or too high!  I love your innovative ideas at pushing the envelope as to how to maximize your users experience and exposure through RB!! you guys are awesome!
Feb 20, 2008 10:59 AM #17
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

Thanks Janie for your kind works.

-- Zoltan

Feb 20, 2008 01:54 PM #18
Rainmaker
243,443
Geordie Romer
Windermere Real Estate / NCW - Leavenworth, WA
Serving Leavenworth, Lake Wenatchee, and Plain

Here's one for the moment. Another two within the next month.

http://listings.realbird.com/Default.aspx?post=Real_Estate&c=Leavenworth&s=WA&fid=12219

I am glad you gave me this opportunity as Real Bird seems to be a great tool.

 

Feb 20, 2008 06:16 PM #19
Rainmaker
243,443
Geordie Romer
Windermere Real Estate / NCW - Leavenworth, WA
Serving Leavenworth, Lake Wenatchee, and Plain
I know there is a complaint in some parts of the world that real estate agents aren't good listeners. I re-read your instructions which called for $1 Million homes +/- 5%. I don't think I've seen one posted yet that comes within that range. We all have $million + ... It will be interesting to see how close we come.
Feb 20, 2008 06:23 PM #20
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

Geordie, Thanks for posting. We may extend the pricing range a bit. The idea is to have a set of listings, which can be used to answer a simple question: "What $1 million buys in homes in [city], [state]" The visitors will enter the city, state and we will show them the average bed, bath, sqft for that area and link to related RealBird listings.

 What do you think the pricing treshhold should be? +-5% or +-10% Should it differ by area? That may unnecessarily complicate the project. I understand that pricing may differ a bit for marketing reason, pricing for fast sales cycle, because of urgency on the seller's part or the opposite, waiting for the right buyer who pays premium due to local market conditions. Hence the need to have some range for pricing but on the other hand,  we will still have to be able to answer the simple question (what $1 million buys) in order to have some meaning for this application.

Any input on the price range we should consider for this project?

I n any case, you can post any listings with RealBird, we will just not include them in this particular project. The other benefits are still there.

-- Zoltan
RealBird.com

Feb 22, 2008 04:24 AM #21
Rainmaker
144,225
Janie Coffey
First Coast Sotheby’s International Realty - Ponte Vedra, FL
Uniting Extraordinary Homes w/ Extraordinary Lives

Hi Zoltan 

If you are taking +10% here you go 

http://listings.realbird.com/Default.aspx?post=Real_Estate&ct=Custom-House-Barn-with-3-Stalls-on-1-5-Acres-in-Miami/Miami&st=FL&id=F5D2E8D4&fid=12455 

Feb 23, 2008 11:52 AM #22
Rainmaker
92,079
Kerry Jenkins
Prime Properties - Crestline, CA
  Here's my real bird url for the page. http://www.39395caminonigueltemecula.com
Feb 25, 2008 09:24 AM #23
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

Thanks Amy ! It's perfect.

-- Zoltan
RealBird.com

Feb 25, 2008 04:35 PM #24
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

Janie - I take any listing, sure ! What do you guys think should be the treshold in pricing so that the system answers the questions correctly: "What $1 million buys in homes..." ? I understand that very few listings are priced exactly at $1 mil. so we need to have room for +-

By the way: the new RealBird features are out.

We'll have more time on this project now. I'll check back soon.

-- Zoltan
RealBird.com 

 

Mar 11, 2008 04:38 PM #25
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

For those of you who are tracking this thread: we are releasing some really cool updates shortly. We did not forget about this project and we'll get back to this as soon as the current release is out.

-- Zoltan

RealBird.com 

Mar 28, 2008 07:14 AM #26
Rainmaker
243,443
Geordie Romer
Windermere Real Estate / NCW - Leavenworth, WA
Serving Leavenworth, Lake Wenatchee, and Plain
Here  is another  Leavenworth WA Luxury Home to add to your list. I'll continue to add them as they come on line this Spring.
Apr 01, 2008 03:53 AM #27
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

Geordie,

The site is already public at www.WhatOneMillionBuys.com but not yet officially released. We are still working on the statistics tool and the widgets, but it already attracts hundreds of visitors. This is going to be HOT. Currently we set the price range to $950,000 to $1,100,000 for real estate listings. We may adjust this later, but that's the range at the beginnging. I'll announce it in a separate post once the site is officially out soon. Just keep posting on RealBird and we take care of the rest.

-- Zoltan

Jun 04, 2008 12:27 PM #28
Rainmaker
977,556
Real Bird
RealBird Inc. - Santa Cruz, CA

Kevin,

Thanks. WhatOneMillionBuys.com is still under development, but we are getting closer.I will let you all know promptly once it's released.

-- Zoltan

Jul 09, 2008 11:21 AM #30
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