Smart move to position themselves as complimentary with the existing distribution chain, including Realtors. So many RE tech startups want to disintermediate agents and others involved in the process, but these individuals provide a useful service and can absolutely create value. So I think it’s smart to incentivize them to be on board with the platform.
So, I think like many waves of innovation, this hits the lower tier offerings first. Airbnb is not disrupting Mariott hotels any time soon, but might it take a lot of business from, say, Motel 8?
Very interesting article. Based on Apple v Swiss watch sales, it looks like Swiss watch sales are holding steady. Perhaps the watch category taking the largest hit is the mid-market watches? Or fitness bands (that can somewhat be replaced by a smartwatch).
This is so cool! Thanks for sharing this. Can really see the value add. Used to use MayMyRun but it didn’t add a lot of value for me. I really like the social aspect to this as well.