Comment by throwitaway222

15 hours ago

I've been saying this for a while, but there is a cottage industry like RealPage in pretty much every industry. These companies need to be slammed out of existence for anti-competitive pricing and collusion. So much corruption. I'm so sick of fraud and corruption.

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throwitaway222

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Aboutplants  4 hours ago

I had a plumber over to quote a HVAC replacement, while he was working up the quote I saw his iPad where his was inputting the equipment for costs etc, then it flipped over to an area that showed my home estimated value, my estimated household income and a ton of other economic measures that gave them sweet spots for their quote. While I obviously know people do this, to see it so blatantly laid out (it wasn’t meant for my eyes) was very gross.

By the way, the home value and income estimates were higher than reality, and his quote was also fairly high - though not the highest

  • turtleyacht  4 hours ago

    That sort of counters the advice to get three quotes. If every bidder has that info, it may be harder to get the "best" price.

    • lotsofpulp  3 hours ago

      Not really, because a slightly smarter (or more motivated) seller will realize they can make the sale by being slightly lower than the other sellers.

      A buyer should also ask the sellers for a lower price after the initial prices are given.

crazygringo  13 hours ago

I really can't think of any others. Which is why RealPage has been so newsworthy.

If you have examples of such a company in other industries, please share.

  • 59percentmore  3 hours ago

    RealPage isn't even the only one in its industry:

    https://imgur.com/a/RR2vWnJ

      AUTOMATIC PRICE UPDATES

  New pricing information automatically pushes  to marketing website and ILS listings in real  time.

  During a six month study  with an Entrata client  using Entrata Pricing,  market rents grew 15%  more than a comparable  set of properties within  the same company.

    Their marketing documents admitted to the exact same behavior.

    No one cared about those of us hurt by this company to even bother filing a lawsuit against them.

  • throwitaway222  11 hours ago

    I mean we all have chatgpt now:

      Industry          Companies
  ----------------  --------------------------------------
  Apartments        RealPage, Yardi, Rentana, Entrata
  Hotels            IDeaS, Duetto, RoomPriceGenie
  Airlines          PROS, Amadeus
  Grocery           Revionics, Yieldigo, Competera
  Retail            Pricefx, Omnia Retail, Wiser Solutions
  E-commerce        Prisync, Price2Spy, Intelligence Node
  Manufacturing     Zilliant, Vendavo
  Vacation rentals  PriceLabs, Beyond, Wheelhouse
  Events/tickets    DynamO Pricing, Digonex

  • cco  11 hours ago

    You've never used salary data at a work place?

    • claw-el  9 hours ago

      Companies like Radford collect salary information aggregated and sell it to other companies trying to set salary levels for similar roles.

      These companies buying services from Radford are indirectly colluding through Radford, just like RealPage.