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    SQFT, Buying / Selling Homes on Your Phone without Agents

    by Drew Meyers on October 25, 2014

    This press release by SQFT was brought to my attention: SQFT, the world’s first fully transactional real estate app, is pleased to announce that its first electronic real estate listing is under contract at a price of $550,000. The seller, Helen Marshall of Boulder, Colorado listed her home on the SQFT app using her iPhone and quickly received an offer on her iPhone from the buyers, Melanie and Garrett Simon, also of Boulder, Colorado. The parties negotiated their price and terms exclusively through the app … Read More »

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The Lastest From The Geek Estate Blog

SQFT, Buying / Selling Homes on Your Phone without Agents

Posted on by Drew Meyers

Screen Shot 2014-10-25 at 2.50.09 PM

This press release by SQFT was brought to my attention: SQFT, the world’s first fully transactional real estate app, is pleased to announce that its first electronic real estate listing is under contract at a price of $550,000. The seller, Helen Marshall of Boulder, Colorado listed her home on the SQFT app using her iPhone and quickly received an offer on her iPhone from the buyers, Melanie and Garrett Simon, also of Boulder, Colorado. The parties negotiated their price and terms exclusively through the app … Read More »

How Important is Local Content? Ask Redfin

Posted on by Michael Price

redfin

Redfin, the venerable disruptive, tech forward real estate Broker based in Seattle has made it’s first technology acquisition. Details of the deal haven’t been disclosed but it’s one of the smarter moves I’ve seen in the recently bubbly M&A activity in the RE tech space. “We want to give folks a complete portrait of what it would be like to live somewhere new, within the house and in the surrounding neighborhood.” ~Redfin Blog Forward thinking agents and brokers know that a huge portion of the … Read More »

How to Disrupt the Real Estate Industry

Posted on by Bryn Kaufman

I read some posts recently on Entrepreneur.com and GeekEstate about disrupting the Real Estate Industry. Disrupting the industry is a polite way to say, we are getting rid of Real Estate agents. In my opinion, there is only one way to disrupt the Real Estate industry. That would be to prove to sellers that you will get more money to your bottom line selling without an agent. The complexity of the transaction and the liability can all easily be handled, but proving to a seller they … Read More »

The Hardest Part of Building a Real Estate Tech Startup: Sales

Posted on by Drew Meyers

The “Build it and they will come” mindset is of course completely false when it comes to software. Building a great software product that real estate agents and brokerages love, is really freaking hard. But that’s not the hardest part of building a real estate tech startup. Sales is. Once you have product market fit, it is still insanely expensive and time consuming to get distribution to customers within the real estate industry. It takes relationships with agents, brokerages, MLS executives, speakers, and consultants — all of … Read More »

An open letter to startups trying to disrupt the real estate industry

Posted on by Andrew Gale

real estate

There are always new startups popping up offering lower commissions and buyer rebates hoping that they’re going to be the next big thing in real estate. To date none of these new companies except Redfin have disrupted the industry at all. Personally, I believe it’s because people love working with people and don’t want technology taking that away on the biggest purchase/sale of their life. If a startup actually wants to disrupt the industry they have a lot to do Stop taking the same approach the … Read More »

NAR Gains Control Of .realestate TLD Service

Posted on by Michael Price

nar wins rights to sell new tad .realestate

Recently NAR announced that they had “won the rights” to offer .realtor as a top level domain. Today they have announced they have also garnered control of .realestate as an additional TLD service offering. They said that “business rules” and pricing of the domain would be available in Q2 2015. Over the past few years a slew new TLD’s have been provided to registrars, none have created the kind of “land rush” that was expected. You’ll certainly see the first half million .realtor domains go … Read More »

Technology Tips for Agents

Tech is a tool. Like a hammer. You can use it to build a birdhouse. Or you can use it to build a castle. The choice belongs to the user.
- Greg Fischer - Fort Worth Real Estate

Give your buyers and sellers the best damn user experience as possible.
- Dominic Morrocco - Washington DC Real Estate

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