Defining the problem: Answer Submission
Submit your answers write up for 'Formulating the Machine Learning Problem':

""Zedia, works as Data Scientist for an online real estate company ‘Grabhouse’ which allows people to buy/sell real estate properties. 

The company earns money whenever a deal is completed via the platform leads. Grabhouse has over a million properties listed on its portal but feels a large part of the potential is untapped.

Martin, who takes care of Product Marketing notices a common pattern for properties that take a long lead time to sell: Properties that take a long time to sell were originally overpriced on the platform that the owners take several weeks time to lower the prices down to realistic levels that their property can actually sell for. Martin would prefer the owners quote reasonable prices at the time of posting their property listing.


Zedia feels this problem can be solved using machine learning, helping Martin close deals quicker, and thereby helping Grabhouse sell more real estate and make more money. ""


This is the form to submit the solution to the problem from this post: https://www.machinelearningplus.com/machine-learning/how-to-formulate-machine-learning-problem/
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1. What is the business pain point?
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2. What is the value (variable) you want to predict?
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3. What data do you think can help predict it?
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