Tag Archive: Startups

Redfin: A Discount Brokerage 10 Years Later

Any entrepreneur interested in trying to reduce or cut out agent commissions should read this article about Redfin on the SeattleTimes. Redfin has had eight rounds of venture funding since 2005 totaling $167.8 million, according to Crunchbase. Redfin after 10 years still has less than a 3 percent market share on its home turf. To say it’s been a marathon for Redfin, is an understatement. Entrepreneurs: you should also read this post, and every one of the comments.

The post Redfin: A Discount Brokerage 10 Years Later appeared first on GeekEstate Blog.

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Being Shut Off from External APIs: Blessing or Curse?

As a startup, you often have no choice but to build on external APIs or platforms. In real estate, you’re almost always reliant on IDX/MLS data. Or WordPress. Or Drupal. Or Facebook. Or Twitter. Etc. There are, of course, massive advantages to building on top of other systems. But, doing so makes you dependent on a partner who you have zero control over who can change their mind/policies at any moment. If you’re building, or thinking about building, on top of any external platform, I wrote … Read More »

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