It’s no secret that Internet-enabled software has radically transformed most industries. Its revolutionized commerce (Amazon), communication (Apple) and transportation (Uber) as we know it today. a16z Partner Alex Rampell explains in the below video how real estate fintech in the US is pursuing the entrenched real estate world’s 6% commissions, $100B per year margins. We should expect much more transparency, liquidity and mobility in residential real estate ownership in the years’ ahead.
Enjoy the video,
The Convergence Team