Modern Realty

Our biggest deal! We had the privilege of meeting Greg Brockman, the CTO and president of OpenAI, after his insightful talk at the Stripe HQ hosted by Y Combinator. Greg's words on challenging conventional wisdom resonated with us. He reflected on how going against the grain paid off for OpenAI, despite a difficult journey. This got me thinking about our own path in the real estate tech space. Like OpenAI's approach to AI, we're improving the realtor industry with our new software. It's a bold move, considering how few startups venture into real estate and how archaic the industry can be. The high product turnover ratio due to infrequent home purchases adds another layer of complexity. But Greg's story reinforces our belief that sometimes, the most rewarding innovations come from questioning the status quo. We're excited to continue pushing boundaries and reimagining how technology can transform the real estate experience for homebuyers. Thank you Greg for the inspiration and reminder that the path less traveled often leads to the most impactful breakthroughs. #RealEstateTech #OpenAI #Startup #AI #YC #RealEstate

Due to popular demand: modernrealty.io/cma ?? now provides a chart to see what homes are sold for with respective to their list price. ?? Here's a chart from San Francisco proper over the last 30 days! #RealEstate #SFHousing #MarketTrends #AIRealtor

Started YC

Day 1 of YC is done! Here's to the Al Real Estate Agent ?? #StartupLife #YCombinator #Yc #AIRealtor #PropTech #RealEstateTech #Entrepreneurship #AIStartups #FutureOfRealEstate #Al

Day 1 of YC is done! Here's to the Al Real Estate Agent ?? #StartupLife #YCombinator #Yc #AIRealtor #PropTech #RealEstateTech #Entrepreneurship #AIStartups #FutureOfRealEstate #Al

Day 1 of YC is done! Here's to the Al Real Estate Agent ?? #StartupLife #YCombinator #Yc #AIRealtor #PropTech #RealEstateTech #Entrepreneurship #AIStartups #FutureOfRealEstate #Al

Current / recent home buyers, what's your biggest pain point in the process?

At Modern Realty, we are committed to providing you the best home buying advice for this MASSIVE legal change coming on this date: August 17th. From the National Association of Realtors FAQ page on buyer agent payment: suggests that buyers will now be paying for their own realtor. Buyer agents are traditionally paid for by the seller for 3% of a home value. That's 30k for a 1 million dollar house. Home sellers: Starting August 17th, set your buyer agent commission to 0% (buyer agent commission will eventually be called concessions), this will get compensated by the buyer, and does not need to come out of your pocket. Home buyers: Starting August 17th, use a self service buyer agent like modern realty to buy homes. You are getting the best quality service at a fraction of the cost. We are transitioning to a higher transparency, lower transaction cost future for regular people buying homes. #realestate #nar #realestatetech #yc

Meet the Modern Realty cofounder team (YC S24)! Raymond (left): Ex-Google, ML/AI Software Engineer Raffi (right): Realtor, Attorney The software buyer's real estate agent is coming! ?? We takin over ?? #PropTech #RealEstateTech #RealEstate #RealEstateAgent #YC #YCombinator

?? In August, due to the NAR settlement, buyers are going to need to start paying for their own realtor, which would cost 3% of a home value. ?? ?? That's why I created Modern Realtor, a software-based AI real estate agent service that charges less to help you close homes. ?? Modern Realtor's waitlist is now live! ?? Sign up here: modernrealtor.io