Another Rooster in the Hen House
So a third competitor has arisen. Found them on Twitter.
My expectations for this new product were quite high. Really there are only two real estate investing applications for the iPhone: mine and my ridiculously cheap competition.
In creating a competitive product, my approach would be to look at what the competition is doing and then make mine better. What was interesting, however, was how plain their application is.
Feature for feature, all three of us offer the same mix of equations. But there is no “wow” factor with their product.
Granted, my 1.x version doesn’t have much of a “wow” factor to it. But if I were approaching this as a newbie, my focus would definitely be on creating a “wow” experience. Something over and above just doing calculations. The approach by this newbie was to copy what we did and push that out.
The good news in this: my 2.0 version is going to be leaps and bounds over this.
Oh, by the by, I got a chance to play with the alpha version of the software. Oooooooooo yeah baby!


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