Chapter
Disrupting Real Estate: A Service for Buying and Selling Homes Worth Over $10 Million
43:22 - 46:41 (03:18)
The speakers discuss the need for a service specifically for buying and selling expensive homes worth over $10 million, where buyers and sellers can be accredited and not pay the traditional 6% commission to an agent.
Clips
The speaker recounts working for Michael Birch and learning about the process of selling a multi-million dollar mansion in San Francisco, including Birch's experience listing his own home for $50 million.
43:22 - 44:09 (00:46)
Real Estate
Summary
The speaker recounts working for Michael Birch and learning about the process of selling a multi-million dollar mansion in San Francisco, including Birch's experience listing his own home for $50 million.
ChapterDisrupting Real Estate: A Service for Buying and Selling Homes Worth Over $10 Million
EpisodeControversies, Disrupting High End Real Estate, And The Best Way To Use Twitter
PodcastMy First Million
The idea is to create a service for buying and selling of homes worth over 10 million dollars, where people doing open house tours can be accredited investors themselves, thereby breaking the traditional model of paying six percent commission to an agent when the purchase price is around 20-30 million dollars.
44:09 - 46:41 (02:32)
Real Estate
Summary
The idea is to create a service for buying and selling of homes worth over 10 million dollars, where people doing open house tours can be accredited investors themselves, thereby breaking the traditional model of paying six percent commission to an agent when the purchase price is around 20-30 million dollars.