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Tag Archives: commissions

Tag Archives: commissions

Open Listings – Another Attempt at Getting Rid of Agents

by Drew Meyers on 8:39 pm March 16, 2015

Some of you may have seen Open Listings, part of the current Y Combinator batch. The TechCrunch headline: YC-Backed Open Listings Enables Home Buyers To Purchase Houses Without Real Estate Agents Yeah, that’s not going to go over too well with the industry. But that’s fine. If you’re not pissing someone off, you’re likely not working on a very disruptive business. What I would like to know, is what they are doing differently than the many past attempts to get rid of agents / reduce commissions? I’ve written … Read More »

The Topic No One Will Touch with a Nine Foot Pole: “Agents are Overpaid”

by Drew Meyers on 3:53 pm May 29, 2014

Real estate agents are overpaid. It’s a notion I’ve heard from many many people outside of the real estate industry over the past 8 years. And there are countless entrepreneurs who have thought the same thing, and actually tried to change it (because that’s what entrepreneurs do). PayPal veteran Keith Rabois, who is working on a startup named HomeRun, is the most recent. HomeCanvasr is making an attempt at it. As is HomeVana. You can buy homes on eBay. Redfin of course started hard in the camp of reduce commissions … Read More »

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