{"id":1895,"date":"2018-06-25T22:45:00","date_gmt":"2018-06-25T22:45:00","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2018\/06\/25\/homes-com-not-using-ibuyer-model\/"},"modified":"2025-03-13T02:33:32","modified_gmt":"2025-03-13T02:33:32","slug":"homes-com-not-using-ibuyer-model","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2018\/06\/25\/homes-com-not-using-ibuyer-model\/","title":{"rendered":"Homes.com CEO David Mele on Why iBuyer Model Isn\u2019t for Them"},"content":{"rendered":"<blockquote>\n<p>After launching a new website with some wow features such as a visual search for homebuyers and personalized match scores, Homes.com is focused on making home search easy and \u201cconnecting buyers to agents who can help them,\u201d says <a href=\"http:\/\/connect.homes.com\/about\/homescom-leadership\/dave-mele\/\">David Mele, President of Homes.com<\/a>. \u201cWe don\u2019t plan to get into the transaction. But, there is a place for the iBuyer model,\u201d he notes.<\/p>\n<\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-47568 size-medium\" src=\"https:\/\/preprod.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2021\/01\/david-mele-226x300-1.jpg\" alt=\"david mele |homes.com ibuyer model\" width=\"226\" height=\"300\">The truth is, says Mele, \u201cfinding a home is the easiest thing an agent does. Their value is in setting a price, negotiating and managing the emotions of the buyer and seller during the process. We think the future is that the agent will be in the middle of the transaction for a long time,\u201d says Mele.<\/p>\n<p>That\u2019s why <a href=\"http:\/\/connect.homes.com\/\">Homes.com <\/a>continues to innovate its home search. The new consumer-facing features, as well as real estate pro-specific enhancements, are expected to create more opportunities for real estate professionals to connect with in-market consumers. This commitment strengthens the company\u2019s policy of always sending consumer inquiries to the listing agent whether or not they are preferred advertisers.<\/p>\n<p>Homes.com Snap &amp; Search BETA enables shoppers to upload photos of homes whose looks they like and uses<a href=\"artificial-intelligence\/\"> artificial intelligence<\/a> (AI) to return local listings with a similar architectural style or exterior finish. Using machine learning algorithms, the site will analyze hundreds of millions of property images to provide matches for the end user.<\/p>\n<blockquote>\n<p>\u201cFor a long time, the home search has been based on typing words and numbers into an interface, such as a search box. But, that world is changing,\u201d<\/p>\n<\/blockquote>\n<p>says Mele. \u201cImagine driving through a neighborhood and snapping a photo of a home you like, uploading it to Homes.com and getting search results based on that exact photo\u2014that\u2019s what we\u2019re doing.\u201d Mele sees this type of search being as popular as the<a href=\"voice-search\/\"> voice-enabled search<\/a>. \u201cYou can search based on a photo of a kitchen or appliance you like, or a patio and yard you want,\u201d he says. Homes.com is currently working on an Amazon Alexa skill that will allow a user to ask Alexa to show them homes in a specific price range and Alexa will text results to users.<\/p>\n<p>Another new search function is personalized \u2018match\u2019 scores for every search result\u2014Homes.com Match uniquely asks users their \u201cmust have\u201d and \u201cnice to have\u201d amenities along with their other preferences like desired schools, then prominently displays a \u201cMatch\u201d score (e.g., 92%) for each home in their results based on those parameters. Best matches are listed first to help users narrow the search quickly.<\/p>\n<p>Overall, says Mele, \u201cThere is so much power in machine learning. It can simplify things. It takes a massive hunting expedition and offers results in a more personalized fashion. And, people love easy.\u201d For more information, go to <a href=\"http:\/\/www.homes.com\/\">homes.com<\/a>.<\/p>\n<p><strong>How do you feel about the iBuyer mode trend in which <a href=\"opendoor-raises-millions-nationwide-expansion\/\">Open Door<\/a>, Zillow, and Redfin are participating? Do you think it will replace the need for an agent? Post your comment below.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After launching a new website with some wow features such as a visual search for homebuyers and personalized match scores, Homes.com is focused on making home search easy and \u201cconnecting buyers to agents who can help them,\u201d says David Mele, President of Homes.com. \u201cWe don\u2019t plan to get into the transaction. But, there is a [&hellip;]<\/p>\n","protected":false},"author":15802,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[],"class_list":["post-1895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Homes.com CEO David Mele on Why iBuyer Model Isn\u2019t for Them<\/title>\n<meta name=\"description\" content=\"Homes.com launched a new website with some &#039;wow&#039; features such as a visual search for homebuyers and personalized match scores they are focused on making home search easy. 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