Best of Business Wars Daily | Big Tech's Next Frontier Is Home Buying | 7

Business Wars

Wondery

History, Business, David Brown, Management

4.6 • 13.2K Ratings

🗓️ 3 March 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

While the housing market continues its hot streak, technology is disrupting the industry on every level. On this episode, we're joined by Business Wars writer Natalie Robehmed and comedian Ed Herro to look back at some of our best real estate stories from our sister show, Business Wars Daily.

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Transcript

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0:00.0	Hey, prime members, you can listen to Business Wars ad-free on Amazon Music.
0:04.6	Download the app today.
0:06.7	Join Wendry Plus in Apple podcasts or the Wendry app to listen to Business Wars early and ad-free.
0:12.5	Wendry!
0:14.5	Yep, it's all there.
0:18.4	Low interest rates, a shortage of homes and foreign investors and hedge fund managers
0:23.6	who smell big profits.
0:25.8	All the ingredients for a sizzling real estate market.
0:29.4	The housing market is on one of the hottest streaks in US history, topping more than $43 trillion
0:36.4	last year.
0:37.9	And that kind of money attracts not just the investors, but innovators and disruptors.
0:43.7	It's no longer a simple matter of making an offer on a property and shopping for a loan
0:47.8	while you wait for a counteroffer.
0:50.4	If that's your approach, in this hot market, well, you're toast.
0:54.9	Technology has changed just about every aspect of buying and selling.
0:58.5	Real rhythms are doing a lot of the legwork for realtors, sending you potential homes based
1:03.1	on your preferences.
1:05.0	And you can score a home loan in the middle of the night.
1:07.8	The pandemic brought us the virtual tour, but it took the niche luxury market up a notch
1:12.8	with the use of Oculus.
1:14.7	That virtual reality headset that'll give the buyer the experience of walking through
1:19.2	the home as if they were there.
	...

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