Why is the real estate market so difficult to disrupt?
The real estate market is difficult to disrupt due to its complexity and the need for trust. Many aspects of the real estate market are difficult to change, such as the need for physical infrastructure and the difficulty of creating a marketplace that is both reliable and secure. Furthermore, the real estate market requires trust that is difficult to replicate online. Additionally, there is a high barrier to entry due to the need for capital, expertise, and legal and regulatory knowledge. Finally, the real estate market is highly localized, making it difficult to scale. All of these factors make it difficult to disrupt the real estate market.
Where do real estate sites get their info about houses for sale?
Real estate sites are a great way to search for houses for sale, but where do they get their information? Realtors typically provide the data, either directly or through multiple listing services. This includes information such as price, photos, features, and contact information. Additionally, real estate sites may have an in-house team of researchers who manually fill in the gaps in the data to make sure all listings are up to date and accurate. Finally, the sites often use algorithms to improve the accuracy of their search results.