greenfish6

6 ms·

61.
by greenfish6 2y ago
Thanks for feedback. Our priority is on good service
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by greenfish6 2y ago
True, I'll update the website to reflect our updated pricing model
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by greenfish6 2y ago
The texting service we provide works similarly to texting a regular realtor. You can text it "Is a $1200 HOA fee per month high for san francisco?" and it will do the searches and compare the local properties to tell you an answer
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by greenfish6 2y ago
We are not participating in the race to the bottom. There are a lot of 0% fee realtors out there! Try https://www.turbohome.com/ , I've seen them on social media
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by greenfish6 2y ago
Struggling realtors list their fees as a feature. Look through any of the top realtors in the bay area from last year: https://www.theleading100.com/honorees/theleading1002024/ , you'll notice none of them lis
66.
by greenfish6 2y ago
The math is that if the buyer Realtor convinces their buyer to bid a higher $, then they increase the probability that the buyer will get their bid accepted quickly. My own realtor convinced me to bid a price that the seller accepted in 30
67.
by greenfish6 2y ago
Realtors still spend the majority of their time working on marketing themselves as opposed to servicing clients. "Referrals" is disingenuous because realtors spend so much time reminding clients of themselves - would this referral
68.
by greenfish6 2y ago
Human buyer agents wouldn't do these things that you're asking
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by greenfish6 2y ago
Our goal is to own the listing service that homes are listed on. There is this network effect of needing to be on the same listing service that everyone else is on.
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by greenfish6 2y ago
We let you drive your own process and interpret real estate data with AI. We target customers who are looking for these in their Realtor
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by greenfish6 2y ago
Other relators do not put their fee pricing on their websites so we decided to follow suit. We have the same pricing model - negotiable. But we provide better service.
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by greenfish6 2y ago
Currently, the description on our website says that we use AI to help you interpret real estate data and gain an edge on other buyers - nothing about fighting other agents. I think that is injected opinion from commenters here. & yes, w
73.
by greenfish6 2y ago
The vast majority of agents communication is over text and email. It is quite rare that it is required that a realtor must make an in person appearance somewhere, usually that's just for first meetings. But yes, when stuff like this ha
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by greenfish6 2y ago
Disclosures analysis and text-to-tour scheduling were first to be automated, and those were available for our first close. We now have market analysis, offer drafting, full AI texting, etc.
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by greenfish6 2y ago
I think people are constantly changing their comfort zones when they fall in love with different products. People definitely would be open to real estate w/ software. Otherwise, by this logic, why do people use Zillow? Why don't t
76.
by greenfish6 2y ago
The primary driving factor on all these rates is the net take home for the seller. The reason why the total fee of 6% in a 3/3 split is because if this is done, then the seller will net about 10% higher than if they used no realtor. Si
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by greenfish6 2y ago
A) Correct. B) Yes, I think the AI agent actually can more easily ignore your race / age / gender because it is not programmed to go look up those things and people don't text their agent what they are - hard for the LLM to k
78.
by greenfish6 2y ago
It's due to the August 17th Department of Justice case caused a restructuring of how buyer agents are paid, so this spawned a variety of competitors.
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by greenfish6 2y ago
I would also strongly recommend talking to customers and building out your idea ASAP as a mandatory first step to determining if it's a "good idea". the YC mantra :)
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by greenfish6 2y ago
Once we can do buy and sell side then we can be the full marketplace and cut out the realtors
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by greenfish6 2y ago
I actually do believe that AI can make someone feel more comfortable with their purchase. Let's break down the communications that realtors currently do to comfort buyers (mostly over text, which is also how we communicate): Tell you c
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by greenfish6 2y ago
There is 0.5 mb of data per home in the US. Too much for a person to sift through, typically. We use LLMs to break that down into actionables for families via text message. The goal is to keep things digestable. People can understand if the
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by greenfish6 2y ago
I think there's a balance of some crowd who will love an automated solution and some who will never get there. Some people still don't want to even shop online! Those people probably won't be convinced to use an AI based serv
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by greenfish6 2y ago
There will likely be large regulatory movement in the space in the upcoming future. There are more pending suits beyond the August 17th DoJ one. Legally, we are still agents. Eventually the plan is to support sell side as well. We are tackl
85.
by greenfish6 2y ago
Yes, if every deal went according to plan, you could just use half an hour of attorney time. For our value add compared to the regular realtor when things go wrong. Our thesis is that because 65% of home buyers use the first realtor they me
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by greenfish6 2y ago
Is your wife looking to join a startup? I think many parts of being a realtor are already automated by realtors. They are already trying to automate themselves. They use scripts to get first clients and negotiate. They use automated email c
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by greenfish6 2y ago
I'll take a look at offering other sign in variants. What do you prefer? username-password?
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by greenfish6 2y ago
We forward a lot of the text communication from agents back to the client, so if it's said in a way that it's possible to figure out, then it can be figured out. For most seller agents, if they will send you that one text that say
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by greenfish6 2y ago
a) When you draft an offer, the contingencies are fairly standard w/r/t mortgage, inspection, title, insurance, etc. Realtors use standard language here to cover these on the offer form, we use the California Association of Realto
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by greenfish6 2y ago
Prior to the Aug 17 settlement, Keller Williams said ~65% of home buyers in the US used the first buyer agent that they met. The quality bar is very low to become a realtor (3 months of online coursework). Realtor reviews are cooked and com

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