It's time to disrupt the residential real estate industry
When was the last time you called a travel agent? If you are like most people, it’s been a long time. If you are a Millennial you have probably never talked with one. In days past, a small group of people held all the information and access and you paid commissions for their services – there wasn’t an alternative. Now, you have dozens of choices to find flights, hotels and car rentals. You rarely talk with a person, and releasing the information to the masses on the internet has created healthy competition that has improved service and reduced commissions. Travel agents are now automated - made better by innovation, technology and buyer demand.
Residential real estate is a $100B industry – it’s long past time to disrupt it.
To read the rest, click here.
Chief Procurement Officer - Global Vendors (responsible for creating and managing Corporate Account Program relationships for Residential New Home Construction & Commercial Mixed-Use Rental Unit Building Products)
7 å¹´In addition, I just read an article about how China spends about $800 billion on US real estate a year (not your typical transaction). Furthermore, when will be the first Cryptocurrency real estate purchase!? It's coming!!!
Supply Chain, Operations and Strategy Consultant
7 å¹´Remember 15-17 years ago it was supposed to go away. MLS Mafia was going to be broken. It was going to be cafeteria services. So the problem is decades old, the attempt to solve it two decades or so, and the technology needed more than 15. So 'why not yet'? Some very entrenched competition, almost like asking Big Oil to get rid of the gasoline engine, but with high heels and business cards with cute pictures on them. Good luck.