Where Real Estate Gets Its Dirt

Zillow and Opendoor are eCommerce companies?

Interesting analysis on the changing perception of iBuying.

  1. Hmmm, everybody wants to be Amazon in real estate, although still not an apt comparison. Bottom line, still a niche market even into the future. Of course if you making a profit, even a niche market is good.

    But there is a lot of road between and there. I remember the grand pronouncements some were making of a more than 50% market share. In the case Opendoor’s CEO, I remember him in some interview saying someday virtually all real estate sales would be iBuyer transactions. Still get a good chuckle from both of those predictions.

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