HOMEiZ.COM Real Estate Technology, The Real estate social network (HOMEiZ.COM)

Spam prevention
Ambassador
2,571,447
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      The same way I compete against the 2000+ other real estate licensees here in Tallahassee.  I provide quality service and maintain a stellar reputation.

May 06, 2018 01:00 PM
Rainmaker
5,571,934
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

they suck.... people are not stupid.... 

May 06, 2018 11:23 AM
Rainmaker
4,103,608
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

"Competition"  has and will be in existence before I was in this business and likely after I leave.  I am aware of those companies but continue to do my thing.

May 06, 2018 11:51 AM
Rainer
187,002
Raj Taj
RE/MAX - Lake Bluff, IL
Drive By Blessings!

No disruption and no "competition" at all, Redfin isn't exactly full service. Have you even looked at their market share?

May 06, 2018 11:13 AM
Rainmaker
895,685
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

There's no need to try.
And I'm sorry that their venture capital will be wasted.
The truth is that what they call full service and what we provide are miles apart.
We are relationship professionals.
They are not, and never will be.
You cannot lowball to obtain trust.

May 06, 2018 11:14 AM
Rainmaker
4,123,116
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I do not come across these people in my business... they do not and cannot provide true full service with deep discounts.

May 06, 2018 11:55 AM
Rainmaker
1,232,777
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

1. They are not disruptors, they've been around for years, every time the market gets "easy". They've just been known by different names.

2. They are not full service, mathematically they can't be or their model would fail. Don't believe the hype on the low commissions either, read the fine print. 

3. Nordstrom never panics when Walmart has a sale. They are not my competition.

May 06, 2018 02:33 PM
Rainmaker
1,901,436
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I was hoping that going through the other answers before responding someone whould clue me into what VC stands for HOMEiZ.COM HOMEiZGROUP but no one did.  If we are talking about discount brokers then I agree with everyone else. There has only been one discount brokerage in Minot and it didn't last long... consumers want service.

May 06, 2018 01:14 PM
Rainmaker
3,331,943
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The problem for them is they do not provide FULL service. They lose the personal service and buyers and sellers become numbers and percnentages, not people. Companies with this type of discounts have come and gone for decades while real full service agents soar. 

May 06, 2018 01:14 PM
Rainmaker
6,613,594
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Count on the local community relationships that will feed your business.

May 06, 2018 12:16 PM
Rainmaker
961,261
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

They are only competition if you think they are. I do not consider them competition and will not attempt to compete with them. Eventually they will crash and burn.

 

May 06, 2018 12:14 PM
Ambassador
4,259,392
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

First of all, they DON'T provide the white glove service that a TRUE full-service broker/agent does. 

Secondly, my clientele are savvier than that - they are not Wal-Mart shoppers...they prefer Nordstrom! 

May 06, 2018 04:25 PM
Rainmaker
529,571
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I'm not afraid of competition ... it keeps us honest!  My clients know who I am and they refer me because I am a professional that is referrable!

May 06, 2018 01:14 PM
Rainmaker
1,723,655
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

I don't know what the hell VC is.

May 06, 2018 01:48 PM
Rainmaker
54,790
Jordan Ayan
The Lifestyle Collection - Scottsdale, AZ
Luxury Market Expert, CLHMS,Million Dollar Guild

You build strong relationships and offer a level of service that these companies can't even come close to matching.  They will definitely pick off some of the lower end of the market, however this is a relationship business, and ultimately if you do more to effectively market a home and service the seller or the buyer, you will succeed -IMHO.

May 06, 2018 01:25 PM
Rainmaker
5,591,778
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

You ignore them!  They cannot compete against superb service and competence. A

May 06, 2018 04:37 PM
Rainmaker
911,536
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I could tell you, but then I would have to .... you know...

May 06, 2018 03:54 PM
Rainmaker
3,469,866
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

HOMEiZ.COM HOMEiZGROUP there is a market for everyone.

May 06, 2018 02:30 PM
Ambassador
3,058,322
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I don't.  They are not competition.  

May 06, 2018 02:08 PM
Ambassador
5,414,363
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

That is quite a venture for that capital

May 06, 2018 02:02 PM
Ambassador
3,986,710
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I just do my thing, offer great service and expertise and stay really busy.

May 06, 2018 07:07 PM
Rainmaker
1,738,623
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Kia sells many cars.  So does BMW, Mercedes and Lexus.  I wonder who has the largest profit margin.  They are all "full service cars" but not all full services are equal. 

May 06, 2018 05:40 PM
Rainmaker
4,215,091
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

You get what you pay for! You may get lucky or you may not! If not, I know why!

May 06, 2018 05:27 PM
Rainmaker
527,095
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Underpaid existing Realtors will cause talented Realtors to move on to other professions. Talented people will not enter the profession. The beneficiaries will be real estate litigation attorneys who will bank extricating end-consumers out of massive problems resulting from underrepresentation. 

May 06, 2018 04:55 PM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

They can't do what I do.

May 06, 2018 03:07 PM
Rainmaker
4,433,703
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

May 06, 2018 01:53 PM
Rainmaker
2,642,312
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

You cannot compete. That's why they are making these moves saying "what can anyone do about it"?

May 06, 2018 01:42 PM
Rainmaker
684,915
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

We recently came across a seller who was adamant that she would use Purple Bricks to list her home. We looked into the Agent who met with her & he was NOT EVEN LICENSED to do business in our state. In addition the company required the seller to pay a NON REFUNDABLE $3,500 FEE whether the property sold or not. Discounted? More like ripped-off. As PT Barnum said, there's 1 born every minute!" Just like Foxton's with their 3.5% model, these companies provide sub-par service & DO NOT LAST.

May 07, 2018 04:45 AM
Rainmaker
2,024,200
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

This just goes to show that people on the outside have no idea how difficult it has become to make a Profit in Real Estate !!!

May 07, 2018 03:59 AM
Rainmaker
4,799,501
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I just continue to do my thing.

May 07, 2018 06:23 AM
Rainmaker
4,047,526
Richard Weeks
Dallas, TX
REALTOR®, Broker

Market knowledge, marketing, and negotiating.

May 07, 2018 05:36 AM
Rainmaker
3,069,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Corinne Guest, Managing Broker  nailed this one!

May 07, 2018 04:50 AM
Rainmaker
1,891,055
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

There are 3000 agents in the areas I service and none of those appear to be  Redfin or Purplebricks. There are over 5000 agents in a nearby county and it looks like 13 are from those two companies. I will continue to provide extremely responsive and client-centric services, so I'm not too concerned.

What I can say is I think the Purple Bricks ads are horrid. They are totally anti-other-agent, instead of being positive about whatever service they actually provide.

May 07, 2018 02:36 AM
Rainmaker
514,124
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

Very well. "Full Service" is in the eye of the beholder. I consider Redfin a conveyor  belt real estate company, with different people handling different parts of the process with no guarantee of the quality of any element. Sure there are some good people there, but I have many stories where things did not go well for their clients. 

The family business I grew up in had a sign that said, "The Sweetness of low price is forgotten long after the bitterness of low quality remains." 

May 07, 2018 12:02 AM
Rainer
87,820
Jeff Perlis Prime Properties
Prime Properties - Lake Arrowhead, CA
Experience Your Own Transformation!

They are not a competition on my area.

May 06, 2018 11:25 PM
Rainmaker
1,519,451
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

You get what you pay for, and yes, a lot of younger buyers use R. to get a rebate, and this is the only thing they care about. 

May 06, 2018 10:35 PM
Ambassador
4,312,759
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

HOMEiZ.COM HOMEiZGROUP - The price is a factor when there are low (or no) professional values.

May 06, 2018 09:47 PM
Rainmaker
4,944,776
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I compete daily with lots of agents, and still offer that personal service with knowledge and expertise.

May 09, 2018 03:30 PM
Ambassador
3,039,280
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

First I don't name call anyone because of their business model and secondly I just do my own thing and stay in my lane

May 07, 2018 08:49 PM
Rainer
92,032
Jon K. Judd
Keller Williams Realty - Central Delaware - Dover, DE
GRI, e-PRO, SFR, Delaware Homes

When I look for a doctor or surgeon, I don't shop for the one with the cheapest fees....  I want the best that I can afford. The one with the best reputation, quality work, etc...

I think for the most part (with a few exceptions)  the same applies with those looking to buy and/or sell real estate.  This is where name recognition and reputation comes in.

May 07, 2018 09:56 AM