The off-market/public records game is heating up!

Homesnap’s new platform guesses when people will move

“The platform uses an algorithm that crunches millions of records, including MLS data, to come up with a “Likelihood to List” score. The service, available only to licensed agents, shows a “heat map” of neighborhoods color-coded to zero in on the homes most likely to go on the market.
“Instead of sending a postcard to 5,000 homes, real estate agents can just focus in on the people the algorithm has determined are the most likely to list their homes,” Lou Mintzer, Homesnap’s chief product officer.”

Things could get awkward for both these D.C. area-based companies if they frequent the same restaurants.

Remine has been on a bit of a hiring spree lately. Joe Kazzoun and Bill Andrews were hired back in October of last year. Recently they also hired Quinn Nichols, formerly of MARIS, Troy Feeken, formerly of FBS, and Chelsea Goyer, formerly of Redfin. That’s going add a lot to their burn-rate.

Meanwhile, the O.G. in the game, CoreLogic, is not sitting still. CoreLogic has been recently touting a brand-new Realist “re-imagined from the ground up “. This space is heating up quickly, it will be interesting to see what they come up with.

In an article posted on Inman News today, Homesnap CEO John Mazur calls this new Off-Market Marketplace their “crown-jewel” and promises more enhancements coming.

All this can only be good for agents and MLS customers. Competition is a good thing.

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