![]() ![]() ![]() We hope to do the same for your diamond purchase or sale.Ĭomparing Diamonds of Different Color & Clarity Grades This same issue was a pain point in the real estate market as well until companies like Zillow, Trulia, and RedFin built databases of information to help home buyers find better deals on real estate. RapNet & the Rapaport Price List created information asymmetry where the average person has had far less information than the typical jeweler, and hence led us to create StoneAlgo so we could level the playing field. The prices are intentionally high so jewelers can show consumers and act as if they’re providing the consumer with a great deal. A RapNet account grants users access to a live diamond data feed as well as a weekly price list (the Rapaport Price List) that gives generic, high valuations for diamond prices which jewelers then manipulate to sell diamonds. Industry insiders like dealers and jewelers have access to a tool called RapNet that supplies them with pricing and inventory information. ![]()
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