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This profile was last updated on 4/7/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Nick Karris

Wrong Nick Karris?

Founder and Chief Executive Offic...

The Water Tower Companies
415 N. Lasalle Suite 700
Chicago , Illinois 60654
United States


Employment History


  • MBA
    University of Chicago
  • BS , Economics
    Wharton School of Business
117 Total References
Web References
CHI Gardening 2013 | The Chicago Help Initiative, 13 Aug 2013 [cached]
Once complete, Water Tower Realty and CHI will dedicate the gardens in memory of Nick Karris, Founder and CEO of The Water Tower Companies.
Real Estate Cyberspace Society Releases Briefings On New Strategies For Delivering Real Estate Services, 1 Oct 2000 [cached]
In three taped interviews, Nick Karris, Jerry Anderson and Scott Kucirek-three innovative real estate professionals from various specialties tell Society members how to take a high-tech approach to old-fashioned good service.
The lead interview is with Nick Karris, Senior Analyst who directs research and consulting efforts in the Internet real estate and Internet mortgage sectors for Gomez Advisors. "Consumers want the whole story, complete information disclosure when they come online," Karris emphasizes. He proceeds to explain some key differences between offline and online real estate experiences that send an increasing number of potential buyers and sellers onto the Web, and he confides how the top-rated sites are capitalizing on people's expectations. Karris says that a new business model has emerged for real estate, a model in which "the entire real estate team must cooperate to leverage technology and human interaction where appropriate.
You may think that it's too early to begin thinking about our annual conference, but now is the best time to mark your calenda, 25 April 2001 [cached]
Speakers will include Ken Maxwell of BSMG Worldwide who will present "Corporate and Online Branding in the New Century" and Nick Karris, Senior Analyst for Gomez, Inc., who will offer a presentation on Real Estate Transaction Management Standards., 1 Nov 2001 [cached]
HOUSTON--Nov. 1, 2001- -, the nation's premier online real estate brokerage, today announced the launch of its RealPartner strategic alliance and contracting program, as well as the appointment of noted market analyst Nick Karris as its vice president of business development.Karris most recently served as the director of real estate services for Gomez, Inc., a leading provider of e-commerce customer experience measurement and benchmarking.
"Nick brings a comprehensive understanding of how technology can make the real estate transaction faster, cheaper and easier for consumers and industry professionals alike.After detailed review, he has identified our MLS and SMARTrac systems to be best-of-class -- a key selling point as he promotes these tools to the real estate and associated industries."
In support, Karris cites recent consumer research showing that approximately 73 percent of future homebuyers and sellers deem listings and sales data to be the most important information when considering a home transaction.Yet, many consumers currently can only access this information on a "filtered and incomplete" basis.As a result, fewer than 48 percent of consumers report being "completely satisfied" with their last real estate transaction.eRealty's "closed customer" surveys show a 94 percent "completely satisfied" rate.
"The opportunity exists for real estate professionals, Web portals and others to play a role in connecting consumers to this type of data and technology to meet the demands of prospective homebuyers and sellers while staying within current industry guidelines," said Karris."The result will be incremental sales and, in the end, more satisfied customers driven by greater information access, faster closings and reduced costs."Karris will be responsible for developing and implementing eRealty's RealPartner strategic alliance program.
At Gomez, Inc., Karris was responsible for advising online real estate firms on strategy, vendor analysis and Web design.Karris has also worked in the real estate industry for a number of years as a property manager and developer for Water Tower Realty, and as a Loan Officer for LaSalle National Bank.Additionally, Karris served as a brand manager for Welch's, Inc. where he evaluated and negotiated licensing, joint venture, acquisition and start-up ventures.He successfully launched a new product line that penetrated 70 percent of the U.S. market in 18 months and generated $40 million in annualized sales.Karris holds a BS in Economics from the Wharton School of Business and an MBA from the University of Chicago.
eRealty is the first real estate firm in the nation to balance the technology of the Internet with the personal touch and expertise of a real estate agent.eRealty provides residential brokerage services in Atlanta, Austin, Baltimore, Boston, Chicago, Dallas, Fort Worth, Houston, Los Angeles, Northern Virginia, Orange County, San Diego and in the Washington D.C., area.The firm is privately held, having raised $26MM since its inception in 1999, and remains well capitalized by its investors Polaris Ventures, TL Ventures, and Milestone Ventures.
About eRealty
New XML group forms, 31 Mar 2006 [cached]
Nick Karris, an online realty analyst with Gomez Advisors, said consumers are being shortchanged by a "business-as-usual" approach on the Internet, when it comes to the standards.
"Only by cooperation and even greater information sharing can we take advantage of this (Web realty) opportunity together," said Karris. Otherwise, consumers will lose out in the end, he said.
"We need to get them all together so they can talk," said Karris.
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