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by ahulak 4309 days ago
How do you plan on gaining national coverage of listings? Between the agents, brokers, aggregators, and MLSs the data supply chain is incredibly fragmented. Securing access to all of this data is an incredibly time intensive process that requires a LOT of relationship building. Unless of course you try to go the 'redfin' route and become a licensed brokerage in every state... but then.. you lose your edge and you're essentially competing with Redfin.

How do you plan on getting all of that listing data?

Otherwise, very cool idea - just trying to figure out how you plan to overcome that.

1 comments

Great questions Austin. We've spent the last 6 months "exploring" the data supply chain and have learned first hand how fragmented and closed the system really is.

National coverage is nearly impossible unless you go through an aggregator like ListHub or Point2, but this doesn't work for real buyers because of delayed, inaccurate and incomplete information. The only reliable way to get listing data in most regions is by opening an office and joining the local MLS.

Our non-answer is that we plan to focus on our clients in California for the time being while we nail the customer experience before thinking about expansion.

Very cool - thanks for the answer!