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Disrupting that industry would be tough. Zillow came close, but the industry in general is so protective that anything perceived as a minor threat is blackballe
by joeax 10y ago
Disrupting that industry would be tough. Zillow came close, but the industry in general is so protective that anything perceived as a minor threat is blackballed. My bro-in-law RE agent bashes Zillow all the time.
I think baby steps are essential. A good first step is a broker-licensed startup with self-serve/AI agents. Why do I need an agent to look at houses when I can just find a house myself? The listing side can remote-unlock a house for me to look at. The buyer then keeps most of the commission.
- omarchowdhury 10y agoWould the unique value proposition for the buyer to use this new service be that they would get a rebate on purchasing this house through this new service?
- joeax 10y agoPerhaps at first, but the eventual goal is to get rid of the expensive commissions altogether.