PODCAST: Ep 6 - Real Estate Industry Under Attack

Real estate agents are going to wake up one day and find they have gone the way of the taxi cab driver and travel agent if they don’t embrace the technologies that are coming out and become the ones actually innovating.

Introduction:
Jason Wells, Esq.
Chris Niederhauser, Esq.
Contact Us and Follow Us at jasonwellsesq and chrnielaw
SPONSORED BY the PressPlay Realty Network recognized in the Top 1% of teams nations and as only the 12th team in the country to have 5 or more locations, all of which are in the Western United States.

Segment 1 (5-8min):
Great to be back
Announcements/News:
Phoenix is #1 for 2017
CRML is giving $160,000 earned from their MLS syndication back to brokerages who opted into the CRMLS and had at least 10 listings in 2016. Each listing pays $1.39.
Just wrapped our 3rd Annual PressPlay Retreat
PressPlay Realty Network is looking for agents in all locations
Sock Game

Segment 2 (20-25min)
How big data and tech startups are disrupting markets.
Expedia v Travel Industry
E-trade v Stockbroker
Netflix v Blockbuster
Uber v Cabs
Real Estate and other service based industries have a target on their back
Why do you think tech is targeting real estate?
Value? Define. Articulate.
The process and paperwork
Public perception of agents
What ways are tech firing at the real estate industry?
MLS gave IDX access to inventory who gave it to public
Sites for FSBOs and syndication availability
Opendoor ($320M in Equity funding first round $80M Feb ‘16 and $210M Nov ‘16)
Haus – from Uber co-founder Garrett Camp
Right now claims to be a transaction platform
Open information including Offer amount, contingencies, concessions, etc.

Conclusion/Wrap Up
Thanks to our sponsor, PressPlay Realty Network now partnering with agents and teams across the Western United States.
Check out our Reality Webseries giving an unfiltered behind the scenes look at one of the fastest growing expansion teams in the country – PressPlay Reality on YouTube and Facebook at PressPlayReality
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