The Lastest From The Geek Estate Blog
We’re (Horizon) building a marketplace for people looking for places to stay, and those willing to provide it. Every startup, in any industry, matching needs and haves – aka building a marketplace – will have to address a number of challenges along the way. It’s far from easy. There are only a few questions that really matter when building a marketplace: What’s the pain point you’re addressing? How many people have that problem? Who has a massive incentive to solve that problem, and what is it? How do … Read More »
Giveback Homes Members from all over the U.S. traveled to Nicaragua for one shared goal: To build a home for Josefa and her family. I was joined by Matt Curtis, Rebecca Brooks, Carrie Hill, Madison Hildebrand, Audie Chamberlain, Jeri Moran, Shaun Rawls, and Giveback Homes Founder, Blake Andrews. Everyone made a donation towards Josefa’s home, and then got to see their dollars translated into bags of cement and piles of cinder block. As a Member, 100% of all donations go directly to our building projects; none is … Read More »
Do you write weekly or monthly market analysis pieces on your own blog or website? If so, would you publish them elsewhere for added exposure? If not, would a place to publish with more eyeballs be enticing enough to get you to write them regularly? From Suzanne Roy: Hey! Realtor.com® is looking for great REALTOR® bloggers!! Realtor.com® and one of our News Corp sister companies is looking for a number of REALTORS® across the country who can contribute to a national feature we are developing jointly … Read More »
Any entrepreneur interested in trying to reduce or cut out agent commissions should read this article about Redfin on the SeattleTimes. Redfin has had eight rounds of venture funding since 2005 totaling $167.8 million, according to Crunchbase. Redfin after 10 years still has less than a 3 percent market share on its home turf. To say it’s been a marathon for Redfin, is an understatement. Entrepreneurs: you should also read this post, and every one of the comments.
NAR, start asking your members what they want before jumping headfirst into huge expensive projects. Take a survey, see what members actually need and want. After all, you are in business to support your members. RPR is an example of this. According to Inman, NAR has spent $106 million on RPR since 2009. RPR was supposed to be earning enough revenue to break even as of 3 years ago, but I believe revenue to date is under $1,000,000, so not even close. It was obvious RPR … Read More »
As a startup, you often have no choice but to build on external APIs or platforms. In real estate, you’re almost always reliant on IDX/MLS data. Or WordPress. Or Drupal. Or Facebook. Or Twitter. Etc. There are, of course, massive advantages to building on top of other systems. But, doing so makes you dependent on a partner who you have zero control over who can change their mind/policies at any moment. If you’re building, or thinking about building, on top of any external platform, I wrote … Read More »