Surefield Announces Academic Advisory Board; Appoints Leading Economists
First residential real estate brokerage to dramatically lower commissions via 3D home tours collaborates with prominent academics
SEATTLE, Dec. 16, 2014 /PRNewswire/ -- Surefield, the first residential real estate brokerage to dramatically lower commissions for U.S. homeowners by leveraging 3D home tours, today announced the formation of an Academic Advisory Board composed of leading economists to provide advice and counsel to Surefield on future products and strategy.
Surefield has developed a proprietary, virtual 3D home tour system using computer vision technology, giving buyers the most realistic, remote tour of a home, enabling a new level of commission savings with no trade-offs. Now sellers don't have to automatically pay a 3 percent buyer's agent commission to get buyers into their home because Surefield is using 3D home-tour technology to get them into the home online.
"We selected our advisory board because of their out-of-the-box thinking, and insightful and forward-looking research," said David Eraker, Surefield's CEO. "The advisory board members' opinions will be invaluable as we develop more tools and services for the buyers and sellers of residential real estate."
The members of Surefield's Academic Advisory Board are leading economists:
- Dr. Robin Hanson, Associate Professor of Economics at George Mason University
- Dr. Norm Miller, Professor of Real Estate at the University of San Diego
- Dr. Chad Syverson, Professor of Economics at the University of Chicago
Surefield's advisors have broken ground in different fields of research, including using crowd-sourced markets to arrive at accurate prediction and prices, identified the difference in real estate commission rates between the United States and other economically developed countries, and identified and quantified incentive misalignments between traditional real estate agents and consumers.
About Surefield
Surefield (www.surefield.com) is a Seattle-area residential real estate brokerage that combines proprietary virtual 3D home-tour technology with experienced full-service agents to help home sellers attract more serious buyers with less hassle, and save up to 75 percent in commissions. The company is backed by 500 Startups, Portland Seed Fund and Jaan Tallinn as well as angel investors.
Connect with Surefield: Twitter, Facebook, blog.
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SOURCE Surefield
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