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Real Estate Training & Coaching School

Opendoor.com: IS The Greatest Threat To Real Estate EVER? (Listen NOW)

Real Estate Training & Coaching School

Real Estate Training & Coaching School

Business, Careers

4.7669 Ratings

🗓️ 10 December 2014

⏱️ 27 minutes

🧾️ Download transcript

Summary

Has the 2015 "Black Swan" event that Tim & Julie predicted already arrived? Today we're discussing Opendoor - a new, well-financed real-estate startup with radical plans to change listing process completely - simplifying it for sellers, but at the risk of jeopardizing your seller leads & listing commissions in the process. Opendoor could be a doomsday scenario for listing agents across the country - but only if you're not prepared now to position yourself in the marketplace when it arrives in your area. Tune in today and learn why this new company could change so much in the industry - and how it could happen faster than you'd ever imagine. Schedule A Free Coaching CallVisit Tim & Julie Harris OnlineListen on iTunesListen on Stitcher

Transcript

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0:00.0

Welcome to Real Estate Coaching Radio, America's number one trusted resource for realtors who demand authentic real-time coaching.

0:24.9

Starring, award-winning real estate coaches Tim and Julie Harris.

0:34.2

Get ready for unfiltered, full-strength honesty about what is truly working to get you into action and make you money in this new real estate boom.

0:37.4

Now to our hosts, Tim and Julie Harris.

0:44.9

And welcome back. We're Tim and Julie Harris. We are broadcasting live from rather chilly overcast, Austin, Texas. So listen, normally I have a wonderful full cup of coffee before

0:51.2

the radio show because let's be honest a little bit of caffeine helps

0:54.4

a little bit to make the radio show a bit more lively but it was not necessary today why

0:59.8

because um we have some information that we're going to be sharing with all of you today that is the

1:06.2

very definition of a black swan we did the radio show the other day on you know the most the types of black swan events a black swan. We did the radio show the other day on, you know, the most,

1:15.5

the types of black swan events, a black swan event, remember, is something that could be disruptive to the real estate industry. And most of the black swan events I came up with on the

1:20.3

content of the radio show was, they're relatively benign, I would say. There are things that

1:26.2

we could work ourselves through,

1:28.0

interest rates falling up or down, those things like that.

1:31.4

You know, manageable.

1:32.7

This topic today is the Black Swan event that is probably in my entire career,

1:40.3

aside from maybe the Depression, you know, aside from that happening, this could potentially

1:46.8

be the biggest Black Swan event for the real estate industry ever.

1:52.3

You know, what we're going to share with you guys today are the details of a company that

1:57.5

I've been hearing rumors about, and I've been sharing with all the listeners julia and i have and certainly all of our coaching clients for almost a year

2:04.8

and we've been telling you guys a little pieces of information that we heard about them

2:09.4

to prepare you for what will be i think potentially uh... a truly disruptive thing to

2:16.3

the real estate industry rick Sharga, who a lot of

...

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