Tag Archives: brokerage models
by Drew Meyers on 11:23 pm October 29, 2017
How often do deals fall through due to financing? 5%? 10%? 20%? FlyHomes is guaranteeing the financing for their buyers to give them an edge in a bidding war (via GeekWire). If a seller agrees to an offer and the deal falls through for any reason, Flyhomes will purchase the home no matter what. That certainly makes it more likely sellers would choose a FlyHomes offer, even if it’s not the highest. That’s a win for buyers in a competitive market like Seattle — and hence a … Read More »
by Julie Ziemelis on 3:09 pm February 20, 2017
I recently attended a luxury real estate conference on Oahu and enjoyed a presentation by Michela O’Connor Abrams, President and CEO of Dwell who discussed lifestyle home ownership trends. She mentioned that many of the people purchasing second homes were people in their 40’s and 50’s making over $200k a year. This group did not want the McMansions of yesteryear, saw the value of smaller homes and wanted a more nimble lifestyle. After her talk, I spoke to some of the luxury Realtors in the room and asked them … Read More »
by Drew Meyers on 11:20 am August 31, 2016
There’s a new entrant to the unicorn club: Compass (just closed on a $70 million round). I’m curious to hear the industry’s thoughts on how what they’re building is defensible? What’s their moat? They are poaching top talent from other firms, what’s to prevent the same thing happening to them in the future? I don’t have the answers, but am curious — especially if there are people reading who have used/seen their technology stack..