Submitted by marketrent t3_ycvihx in news
HomeHeatingTips t1_its8goq wrote
Reply to comment by Hobash in Software biz accused of colluding with 'cartel' of landlords by marketrent
the car market is largely offer driven though. So a company can market an asking price, but the buyer usually comes in with an offer that sometimes can be thousands less than asking. So the true selling price is never really disclosed publicly.
Hobash t1_itsa3vm wrote
I know, the software I'm talking about uses APIs to get the non-public data from private dealerships. Works the same for this real estate story, look up LRO, Yieldstar it's all APIs grabbing data from individual private databases, consolidating that with real page's algorithm then it spits suggested pricing back to the private database.
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