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Yeah I mean the ibuying market i interesting - Zillow's main issue seemed to be that they couldn't build the army of contractors they needed to successfully flip houses. Also the just be really good at one thing applies here.
I reckon you could get a virtual assistant to be doing most of the legwork, charge a flat fee and offer a semi-turnkey solution and B/E. You'd have so much data that you'd be able to monetise it brilliantly on the backend. Probably one for the big conveyancing firms but not sure if there is conflict of interest stuff :shrug:
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These guys are having a go. Started as a mortgage broker, now own a conveyancing factory and cross-sell moving services. Not sure whether the service is any good though.
https://www.habito.com/home-buyingI think stamp duty kills the iBuying model in the UK?
Property buying agents exist for high end stuff but I can’t see how the fee pool in the average transaction is big enough to support hiring really competent people, and there’s no tech solution.
Opendoor has professionalised this in the US by taking properties onto its own balance sheet - but that has its own issues.