Technology Deflation and Real Estate Business Models
Last week, I had what was probably my fifth conversation of the week with a proptech-brokerage-disruptor startup that went something like this:
Save somebody (consumers, agents, brokers, MLS) a lot of money
Build a large userbase
Make money from referrals to service providers (appraisers, movers, mortgage, etc.)
As a general matter, I don't really see a bi…
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