169 Travel Time Data: The Impact on Buying and Selling




Agent Caffeine | Real Estate show

Summary: Travel Time Data is critical in the home buying & selling process. Tech continues it's evolution in the real estate space. It's making marks we couldn't anticipate and providing opportunities to make us better advisors, consultants and resources to the real estate buying and selling community.   As drive times get longer and longer, people are taking harder looks at ways to improve the quality of life and spend less time in the car and more at the places they feel free in and closer to the people who make their life better.  It's a game changer in real estate and knowing exactly these trends and commute times from and to various places your clients frequent is critical to retaining your customers.  It also is a huge help in marketing property so your sellers will appreciate this knowledge as well. This is the new paradigm in Travel Time Data that will help you solidify and educate clients bringing you more closes and happier home buyers & sellers. We're talking to York Baur on LinkedIn, the CEO of Moxi Works and Kevin Foreman GM of INRIX about  the impact of commutes, travel time and how it affects home buying decisions.   In this episode you will learn: Drive time is an important consideration in the home buying process New data sources are influencing consumers in new ways during their real estate buying process In the age of information everywhere, agents are important and valuable consultants An excerpt from Realtor.org shares further insights: "This means that many of today’s consumers are focused on cutting commuting costs rather than attempting to eliminate them. “Seventy-three percent of recent home buyers said that commuting costs were an important factor when deciding whether or not to purchase a home,” said NAR economist Jessica Lautz." About York:  York brings over 25 years of technology sales, marketing, business development, and corporate development experience to Windermere Solutions. At all points in York’s career he has been successfully building software-based solutions that increase sales for organizations. His previous roles include Chief Marketing Officer for The TAS Group, where he drove the transformation of the company from a services-based training approach to a high-margin software-as-a-service model. As Executive Vice President of Business and Corporate Development at Zango, he helped to create the world's largest client-side contextual targeting network through organic growth and acquisition. While Executive Vice President and General Manager at InfoSpace, he grew its search and directory business to be the largest independent Internet search network, and lead the successful acquisition of Excite.com. He also spearheaded channel development, product strategy, and corporate development at InterVu and Netpodium as Vice President of Sales and Marketing. York additionally held executive and key management positions at the Space Needle, Wall Data, Attachmate, and Microsoft. He is also the Founder and President of Peninsula Heritage Productions, which produced the movies “Twilight In Forks” and “Destination Forks”, which have sold over 1.5 million copies globally. He holds a Bachelor's of Science in Computer Science from the University of Southern California. About Kevin: Kevin leads the INRIX Big Data and GeoAnalytics business. Previously, he ran the company’s Consumer Mobile App team and its leading INRIX Traffic app which helps consumers save time and frustration by avoiding traffic.  Prior to INRIX, Foreman was CEO of Point Inside, Inc, the leading developer of indoor mapping and navigation mobile applications. Foreman was also the CEO of Bevy, Inc. a leading social shopping Facebook application developer and is today considered an industry expert in helping businesses with their mobile and social media strategies.     This episode is for you!