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July 14, 2008

There must be something better to do....

ZipRealty.com Unveils "Price Me Now" Real Estate Prediction Game

Players Predict the Final Sales Price for MLS-Listed Homes in Boston, San Francisco and Seattle.

ZipRealty.com launched the online real estate game "Price Me Now" this week, awarding players an IQ score based on predicted sale prices of for-sale homes in Boston, Seattle and the San Francisco Bay Area.

Free to play at, "Price Me Now" players are shown for-sale homes and asked to enter their prediction of the final sales price based on each property's current list price, comparable neighborhood sales and other details. Players earn a Property IQ score ranging from 0 to 200 once a prediction is submitted. Registered players' IQ scores are updated every 15 minutes as more predictions are made. A player's Property IQ is based on a number of factors, including the accuracy of the player's prediction of the final sales price, once a home has sold.

Thousands of for-sale homes in Boston, Seattle and the San Francisco Bay Area are included in the ZipRealty.com "Price Me Now" game. Before entering a prediction, players are encouraged to review all photos and home details available through the game.

"With the market changing daily, everyone seems to have an opinion of the value of listed homes, and we're excited to engage the growing ZipRealty.com community with this real estate prediction game," explains Patrick Lashinsky, ZipRealty's President and CEO. "This game also introduces players to ZipRealty.com features and tools to help them with their real world real estate decisions."

"Price Me Now," developed by the gaming company Realius, is both an easy-to-use real estate game and a prediction market for residential real estate. Players who register at http://predict.ziprealty.com have their IQ score saved and continuously updated compared to other players. Names of individual players who make ten or more predictions will be listed on the ZipRealty.com leaderboard for the community to review.

"We're excited to introduce the 'Price Me Now' game for members of the ZipRealty.com community to help predict home prices in their local markets," said Realius founder and CEO Chuck Teller. "Thousands of real estate enthusiasts, buyers and sellers can test their market knowledge and have fun predicting home prices, comparing their skills to other players and unleashing the collective wisdom of the crowd."

To play "Price Me Now," visit http://predict.ziprealty.com. "Price Me Now" is a trademark of Realius. The price prediction, including the home value prediction, is not a representation or warranty of a home's value, nor ZipRealty's opinion regarding the value of the home. All values and price predictions are merely part of the "Price Me Now" game and are not intended as an assessment of a home's value, and should not be relied upon as such.

Posted by Jeff Brooks on July 14, 2008 07:12 AM | Permalink

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