Unlike travel agents, real estate brokers are still prevalent. Website Redfin’s attempts to grab market share show just how stubborn they can be
Why Redfin, Zillow, and Trulia Haven’t Killed Off Real Estate Brokers
Daily insights for city builders, delivered every morning at 6 AM ET. I’m Brandon Donnelly — a Toronto-based real estate developer and founder of Globizen. I’ve been writing here since 2013.
Unlike travel agents, real estate brokers are still prevalent. Website Redfin’s attempts to grab market share show just how stubborn they can be
Why Redfin, Zillow, and Trulia Haven’t Killed Off Real Estate Brokers
“Real estate, by far, is the most screwed up industry in America,” he told CBS News’s 60 Minutes in 2007. “We feel like things that Amazon or EBay (EBAY) or Yahoo! (YHOO) have done in other industries, we can do for the real estate industry.” Kelman [CEO of Redfin] now regards that statement as an error. “The biggest mistake I made in starting out at Redfin was bringing some Silicon Valley swagger into a traditional industry,” he says. “It was unnecessarily provocative.”
What to focus on:

Pouring concrete for the new Market Street – View on Path.

I was watching this fireside chat with Fred Wilson the other day and he brought up something that I thought was pretty neat: 1 slide pitches.
It got me thinking. What’s the most important slide in the Dirt pitch deck? Could one of them stand on its own?
Well here it is. Dirt’s 1 slide pitch.
I saw Bill Gurley say that you can only make money by being right about something that most people think is wrong. His logic was that you can’t make money by being wrong. And you can’t make money by being right about something everyone else knows. So you have to be right about something that most people think is wrong. I really like that framework.
@fredwilson

Dirt named one of the top 5 real estate sites in Toronto by blogTO. Check us out at thedirt.co.
