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Legislation, Licensing, Ethics & Legal Issues for Inspectors Use this forum to discuss current and proposed legislation on home inspector licensing, and other legal issues affecting home inspectors. Inspectors from all associations welcome.

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  #1  
Old 7/13/18, 9:05 PM
Nick Gromicko, CMI's Avatar
Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Next year, your real estate broker will be Amazon.

You heard it here first.
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  #2  
Old 7/14/18, 8:52 AM
ROBERT YOUNG's Avatar
ROBERT YOUNG ROBERT YOUNG is online now
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Default Re: Next year, your real estate broker will be Amazon.

Morning Nick Gromicko. Tell us more please, Nick Gromicko.
As a real estate broker how will they be Amazon?
Is the term, Amazon a marketing collaboration? Please fill in a just a bit of the many blanks inquiring inspectors should know before this rolls out.
Much thanks in advance.
Robert Young



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Montreal Home Inspection Services Inc.
Home Inspections & Building Inspection Services. Covering on and off islands in greater Montreal and Laval. (514) 489-1887 or (514) 441-3732.
Our Motto: Putting Information Where You Need It Most, "In Your Hands."
https://montreal-home-inspection-services.com

https://www.nachi.org/forum/f13/rece...-cooke-106880/
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  #3  
Old 7/14/18, 3:47 PM
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James L. Keilson James L. Keilson is offline
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Default Re: Next year, your real estate broker will be Amazon.

Quote:
Originally Posted by gromicko View Post
You heard it here first.

I agree that Amazon will have their hands in real-estate, but to be honest brokers, agents etc.. are not needed to sell a property anyway. The commissions that are siphoned out of every deal is part of what is killing the industry. No in between agent is needed in my opinion.


Jim




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  #4  
Old 7/14/18, 7:20 PM
Roy D. Cooke, Sr's Avatar
Roy D. Cooke, Sr Roy D. Cooke, Sr is offline
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Default Re: Next year, your real estate broker will be Amazon.

https://www.bisnow.com/national/news/multifamily/citybldr-real-estate-startup-amazon-hq2-funding-round-expansion-90603
Real Estate Startup Plans Expansion, Huge Funding GoalAround Amazon HQ2 Pick
Amazon will causea seismic shift in the real estate market wherever it places its secondheadquarters, and one startup is gearing up to get in on the ground floor.
CityBldr, an app that uses a machine-learning algorithm tofind clusters of single-family homes zoned for multifamily and sell them forhigher prices, is committing to open a third office wherever Amazon HQ2 lands,GeekWire reports.
CityBldr founder and CEO Bryan Copley was inspired tocapitalize on and facilitate the increasing density of cities when Amazon'sgrowth transformed his neighborhood in Seattle. His company's algorithm bringstogether individual homeowners to sell their properties as a unified parcel tomultifamily developers, thereby getting a better price for their land than theywould as individual sellers.
In December, CityBldr expanded into Los Angeles, its secondcity, with a funding round of $2.9M, as well as a brokerage partnership withJLL. But as it gears up to follow Amazon HQ2, it also is expanding its scopeinto buying property of all types outright, rather than simply connectingsingle-family homebuyers with sellers. To bankroll such an expansion, CityBldrhas launched a $100M funding round.
Copley believes his company's algorithm can predict the 19properties Amazon is most likely to purchase in whatever city it chooses, andwill release that list to prove CityBldr's bona fides. Copley told GeekWire thecompany is ready to start its expansion immediately after Amazon'sannouncement, including in Toronto, the city he personally predicted to win:
Amazon will cause a seismic shift in the real estate marketwherever it places its second headquarters, and one startup is gearing up toget in on the ground floor.
CityBldr, an app that uses a machine-learning algorithm tofind clusters of single-family homes zoned for multifamily and sell them forhigher prices, is committing to open a third office wherever Amazon HQ2 lands,GeekWire reports.
CityBldr founder and CEO Bryan Copley was inspired tocapitalize on and facilitate the increasing density of cities when Amazon'sgrowth transformed his neighborhood in Seattle. His company's algorithm bringstogether individual homeowners to sell their properties as a unified parcel to multifamilydevelopers, thereby getting a better price for their land than they would asindividual sellers.
In December, CityBldr expanded into Los Angeles, its secondcity, with a funding round of $2.9M, as well as a brokerage partnership withJLL. But as it gears up to follow Amazon HQ2, it also is expanding its scopeinto buying property of all types outright, rather than simply connectingsingle-family homebuyers with sellers. To bankroll such an expansion, CityBldrhas launched a $100M funding round.
Copley believes his company's algorithm can predict the 19properties Amazon is most likely to purchase in whatever city it chooses, andwill release that list to prove CityBldr's bona fides. Copley told GeekWire thecompany is ready to start its expansion immediately after Amazon'sannouncement, including in Toronto, the city he personally predicted to win:
Las Vegas oddsmakers may favor the Washington, D.C., areamore, but wherever HQ2 goes, it will likely cause a rush to build multifamilyhousing that may prove disastrous for housing affordability. With CityBldr,Copley told GeekWire he is hoping to make the process more transparent, andwhile he could possibly hasten the process of trading old neighborhoods for newdevelopment, he said he wants those homeowners to be more prepared tocapitalize on the wave that will inevitably come.


Amazon to open new fulfillment centre in Ottawa, creating some 600 ...


4 days ago - Amazon says it will build a new fulfillment centre in Ottawa, creating some 600 full-time jobs.


Last edited by rcooke; 7/14/18 at 7:26 PM..
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  #5  
Old 7/14/18, 8:16 PM
ROBERT YOUNG's Avatar
ROBERT YOUNG ROBERT YOUNG is online now
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Default Re: Next year, your real estate broker will be Amazon.

Thanks Roy.



Robert Young's ​
Montreal Home Inspection Services Inc.
Home Inspections & Building Inspection Services. Covering on and off islands in greater Montreal and Laval. (514) 489-1887 or (514) 441-3732.
Our Motto: Putting Information Where You Need It Most, "In Your Hands."
https://montreal-home-inspection-services.com

https://www.nachi.org/forum/f13/rece...-cooke-106880/
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