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Yes, and even if you are a “top performer” doing gods work… that does not give you any right to belittle others. I wholeheartedly agree with this sentiment and

by goolz 3y ago

Yes, and even if you are a “top performer” doing gods work… that does not give you any right to belittle others. I wholeheartedly agree with this sentiment and would pay money to see us as a collective (me included) try our hand at something like real estate. I for one know I would fail, but that’s me.

cj 3y ago
We software engineers already have tried, and failed to the tune of $550 million. Oops. https://news.ycombinator.com/item?id=29087479 https://news.ycombinator.com/item?id=29087479
- goolz 3y ago
  “The algorithms are fooling themselves…” I loved that comment haha! Great link.
- hospitalJail 3y ago
  That isnt being a real estate agent, that is buying/selling the market.
  - cj 3y ago
    Ok I’ll rephrase: We software engineers tried to buy/sell houses using algorithms, and failed to the tune of $550m. I think we collectively would have similar success (or lack thereof) as actual real estate agents.
    - hospitalJail 3y ago
      These are two different jobs.
- robertlagrant 3y ago
  The right thing to do is I think to digitise the process. Having a transparent way of following a bidding session and subsequent legal arrangement to completion would be extremely useful, and would surely scale pretty well.
- _ea1k 3y ago
  Sometimes real estate agents fail at flipping and stick to brokering other people's transactions too.
jen20 3y ago
Hard disagree. For people taking 6% of purchase price in fees, real estate agents need to be vastly better than they are. They were insufferable in Austin over the past few years, the silver lining of a serious housing crash would be watching them try to join the ranks of the productive. It reminds me of IT recruiters in the UK a few years back: [1] sums up the situation very well and applies just as much. [1]: https://gist.github.com/CumpsD/696599d1bd4cd472a0565869672933da https://gist.github.com/CumpsD/696599d1bd4cd472a056586967293...

by goolz 3y ago

cj 3y ago

We software engineers already have tried, and failed to the tune of $550 million. Oops. https://news.ycombinator.com/item?id=29087479 https://news.ycombinator.com/item?id=29087479

goolz 3y ago
“The algorithms are fooling themselves…” I loved that comment haha! Great link.
hospitalJail 3y ago
That isnt being a real estate agent, that is buying/selling the market.
- cj 3y ago
  Ok I’ll rephrase: We software engineers tried to buy/sell houses using algorithms, and failed to the tune of $550m. I think we collectively would have similar success (or lack thereof) as actual real estate agents.
  - hospitalJail 3y ago
    These are two different jobs.
robertlagrant 3y ago
The right thing to do is I think to digitise the process. Having a transparent way of following a bidding session and subsequent legal arrangement to completion would be extremely useful, and would surely scale pretty well.
_ea1k 3y ago
Sometimes real estate agents fail at flipping and stick to brokering other people's transactions too.

jen20 3y ago

Hard disagree. For people taking 6% of purchase price in fees, real estate agents need to be vastly better than they are. They were insufferable in Austin over the past few years, the silver lining of a serious housing crash would be watching them try to join the ranks of the productive. It reminds me of IT recruiters in the UK a few years back: [1] sums up the situation very well and applies just as much. [1]: https://gist.github.com/CumpsD/696599d1bd4cd472a0565869672933da https://gist.github.com/CumpsD/696599d1bd4cd472a056586967293...