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Which is surprising, since LVT is pretty antithetical to Redfin's and Zillow's business model. The real estate industry typically revolves around the land rath
by yellowapple 4y ago
Which is surprising, since LVT is pretty antithetical to Redfin's and Zillow's business model. The real estate industry typically revolves around the land rather than the buildings on that land, and the buying and selling of land is exactly the thing LVT seeks to obsolesce.
- larsiusprime 4y agoI'm not so sure. In the interview, we asked her about this specifically, and Daryl says that Redfin would rather have more customers than charge each customer a higher amount. They're a real estate broker, so they presumably would have plenty of business to do in facilitating transactions and connecting buyers and sellers regardless of how expensive the underlying assets were.