The Lastest From The Geek Estate Blog
You should all read Brian’s Friday Flash (on Thursday) post before the holiday weekend. It’s worth the read. I agree with Brian, I don’t think it can be said that today’s real estate process is more efficient. In fact, it’s less efficient and more complicated. The graphic 1000Watt put together is telling… Buyers and sellers used to need real estate professionals because there was no information available to them. Then the internet and online advertising came along and, suddenly, all the data is out there for … Read More »
And…..another entrant is trying to get rid of agents. ListingDoor.com Their model is essentially a fancier, well designed FSBO offering. Sellers pay a one time marketing fee (pricing can be found here). I’m curious how this one plays out.
Are you actually, TRULY, building your product for consumers, or is that just a facade you put up for the general public? I’d argue virtually zero companies/products built in this industry are truly being built for consumers. To do it? You need a fairly large stash of money in order to push monetization off into the distant future while still investing heavily into product and distribution – as well as an incredibly mission driven founder (remember: missionaries, not mercenaries) not in it for the payday.
For those doing search engine marketing, I’m curious — what are you paying for targeted traffic to your website? Please leave a rough ballpark dollar amount in the comments, along with the geographic area you do business in. If you’re willing to share the source of where you purchase that traffic from, that would be an added bonus. Appreciate any help you can offer satisfying my curiosity.
Beyond MetaProp NYC, there is another new accelerator launching in this fall in the real estate vertical — MOTIVE. It’s in Dallas and managed by Sean Caho and John Backes. They will select 10 companies, who will each receive $40,000 in funding. Early stage entrepreneurs: Apply here.
I came across Skyrise today via a comment on AVC. You all know I’m a community guy (see Horizon). It appears Skyrise will enable (they are not live yet) community for commercial spaces. I definitely agree there is a compelling opportunity to help those who work in the same building meet, network, and do more business together. I’ve spoken to several entrepreneurs over the past couple years who were thinking about making an attempt at solving this. Co-Working spaces like Impact HUB Seattle already put a big emphasis on … Read More »