Let’s talk about what is going on in the real estate industry and what’s happening with these disruptors. What’s gonna happen with Zillow, Redfin, and Compass? We have a lot of things shaking up in this market with the so-called disruptors. This is part two of our interview with Jay Thompson where we’ll discuss the future of the real estate industry. Watch the first part of Jay Thompson’s Journey to Zillow and Inman.
Listen to this podcast episode here
We interviewed Jay Thompson, former Director of Industry Outreach with Zillow, to know his thoughts on the future of the real estate industry. In one of my podcast episodes about REX Homes, Better.com, and Compass Real Estate, what we’re seeing is the days of valuating companies based on the capital are over with. Valuations and Wall Street are crazy insane. Jay says that he’s baffled and mystified frequently. It’s both inside and outside of real estate and how valuations come up for these companies.
Zillow is a big tech company in real estate that got hammered along with other stocks, but it’s a multibillion-dollar valuation company. Zillow has a track record. Despite what some people think they’ve had profitable quarters, and several of them have lost a lot of money too, but at least they have a tangible product.
About the Host
Ryan interviews local and national real estate personalities such as top producing agents, team leaders, brokers, and top-performing coaches. Ryan has interviewed some of the biggest names in real estate, some of the fastest-growing team leaders and brokers as well as the CEOs for some of the most used platforms in the real estate industry.
In addition, he offers insight and training on growing a real estate business, starting and growing a team, and technology platforms agents should be using to automate their business and make it more efficient.