Smartexchange

[Digger88]

just had my first smartexchange comp pull up today and i freaking love it so far.

 

[Overimprovement]

just had my first smartexchange comp pull up today and i freaking love it so far.

You would.

Just remember everyone, the more you seem to be benefiting from something like this, the less you will be needed in the very near future.

 

[Digger88]

You would.

Just remember everyone, the more you seem to be benefiting from something like this, the less you will be needed in the very near future.

i know i know im cutting my own throat. if big real real estate wants to take over the world theyre going to do it with or without my measly help. anything that makes me more efficient im all for. one of my decent clients swbc just sent me an email they are introducing hybrids. if the end is coming its already here.

 

[DJBanas]

just had my first smartexchange comp pull up today and i freaking love it so far.

Just wondering: If you are completing a 1004 or 1073 for Fannie/Freddie what do you put in the boxes for "Data Source" and "Verification Sources" for the comp if you use the data from a peer.

 

[Digger88]

Just wondering: If you are completing a 1004 or 1073 for Fannie/Freddie what do you put in the boxes for "Data Source" and "Verification Sources" for the comp if you use the data from a peer.

i dont just plug them in and move on. you still have to check every data field and verify, its just saves you some time typing and gives you their pic but i still use mine.

 

[TRESinc]

i dont just plug them in and move on. you still have to check every data field and verify, its just saves you some time typing and gives you their pic but i still use mine.

so it's no different than datamaster with the exception that they take your data for free when you opt in and resell it to others. for anyone who is a decent typist there is no real time savings as you still have to pull up all the data yourself to verify.

 

[Digger88]

so it's no different than datamaster with the exception that they take your data for free when you opt in and resell it to others. for anyone who is a decent typist there is no real time savings as you still have to pull up all the data yourself to verify.

i use DM but as you well know DM does not fill out the entire grid, just about half of it and it only pulls in an MLS pic not an actual recent pic from another appraiser (though i still use my own). and so far its free for a year so i may opt out well see. after a year it costs 99 cents a report in which you use their data.

 

[TRESinc]

i use DM but as you well know DM does not fill out the entire grid, just about half of it and it only pulls in an MLS pic not an actual recent pic from another appraiser (though i still use my own). and so far its free for a year so i may opt out well see. after a year it costs 99 cents a report in which you use their data.

i know nothing about datamaster other than i tired it for a day a couple years ago and found it saved me no time. doesn't matter if you opt out of smartexchange, if you even can, they already have everything they wanted from you - all the data on every comp you ever used - for FREE that they can now turn around and sell to others. i could be wrong but i thought i read where it is $0.99 per comp, not report, for smartexchange.

 

[Digger88]

i know nothing about datamaster other than i tired it for a day a couple years ago and found it saved me no time. doesn't matter if you opt out of smartexchange, if you even can, they already have everything they wanted from you - all the data on every comp you ever used - for FREE that they can now turn around and sell to others. i could be wrong but i thought i read where it is $0.99 per comp, not report, for smartexchange.

yea i just read their FAQ's and it said 99c per report. and here is the extent of their EULA if you want to read it. i sent them an email so im waiting for a response.

Effective 8/1/2018
In choosing to utilize SmartExchange, You agree to the terms and conditions of the TOTAL Suite of Products Software License Agreement (“Agreement”) as well as the additional terms and conditions set out in this amendment (“Amendment”). SmartExchange shall be considered an added ALM product under the Agreement. In instances where the terms of the Amendment conflict with the Agreement, the terms of this Amendment shall govern.

When choosing to use SmartExchange You agree to share Your comparable property characteristics data (“Property Data”) with ALM, its affiliates, and other members of SmartExchange. ALM will integrate the data it receives from You into the SmartExchange database, adding Your Property Data with the data of other SmartExchange members as well as ALM and its affiliates data. The SmartExchange database is owned exclusively by ALM. ALM will take all steps reasonably necessary to keep this SmartExchange database intact and assessable to You pursuant to the terms of this Addendum and the Agreement.

You hereby grant ALM and its affiliates a nonexclusive, perpetual, worldwide, fully paid license to contribute Your Property Data into SmartExchange and create derivative works in the form of products and data which may be provided to other members of the SmartExchange service.

You warrant that the images and materials You provide for contribution to SmartExchange are either owned by You, or You have obtained consent from the owner of such materials. Further, You grant ALM a license to modify or manipulate the data and/or metadata that you submit, so long as ALM does not materially alter or change any of the values or actual content of the data. You warrant that You have the right to share the material submitted, including (without limitation), intellectual property such as trademarks and creative material subject to copyright protection. You hereby agree to release, and hold harmless CoreLogic and its affiliates from and against any and all claims based on any materials You submit, including (without limitation) claims based on publicity rights, defamation, invasion of privacy, copyright infringement, trademark infringement or any other intellectual property related cause of action.

In addition to the disclaimers contained in the Agreement, You acknowledge that ALM makes no representation or warranty to You that the third party data or derivative products provided in SmartExchange is accurate or fit for a particular purpose.

 

[Evincere]

i use DM but as you well know DM does not fill out the entire grid, just about half of it and it only pulls in an MLS pic not an actual recent pic from another appraiser (though i still use my own). and so far its free for a year so i may opt out well see. after a year it costs 99 cents a report in which you use their data.

Free for A year? You’re sure about that?