RealTrade is a real estate marketplace where the community owns the platform. If you're an agent, no more buying leads from Zillow; interested buyers can contact you directly.
I met @ryan_poole2 from the 1909 and was really impressed by what he's building at Real Trade! I love how Real Trade is focused on helping realtors, but would definitely love to see a more mobile-friendly product. Any ETA on that?
I think the most interesting thing about this company is that they are giving agents the power back from big tech. Companies like Zillow wouldn't exist without Real Estate agents' listing data. @ryan_poole2 What would you say is the biggest value from your POV?
@mohnacky You are correct Zillow became a $27B company off the backs of hard workings agents data. There are two obvious value creations with RealTrade. 1. RealTrade gives the agents control of their data (Aka Listings) and they receive calls directly and can actually build a online presence off of their data unlike Zillow. The buyers and sellers like this as well as they can get questions answered quickly and get the best data directly from the content creators aka listing agent. This is a big value for both agents and buyers and sellers 2. Is our business model. RealTrade does not monetize the platform though selling leads we allow Mortage brokers, title companies, real estate attys, and etc to organically connect with agents for referral business though our social media component they simply pay a subscription fee to do so. Also the biggest part of our model is we are community owned and curated by real estate agents. They can capture the value off their data not only from direct leads but actually shares of stock in RealTrade this is very disruptive. It is the blockchain model where the network owns the network it secures. IMO it is the future of platforms and very disruptive. The agents love the concept and if you are a owner you care more about and promote the platform.
I met Ryan at 1909, our co-working space in West Palm. Real Trade stuck out to me because it empowers agents to own their data while giving buyers a superior buying experience to Zillow. The product is still in its infancy but looks great and works well. I'm excited to see where it can go for the sake of the industry. Check it out!
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