My business trip to New York City was very productive, illuminating, and…fun. I learned a lot about digital transformation for large corporations, and I got to see first-hand the lifestyle, hustle, and bustle of the city.
Yet, I’m glad to be back in the Lone Star State.
I enjoyed seeing a side of NYC I don’t normally see when attending industry conferences.
I walked close to ten miles over three days and the Flatiron area was of special interest to me.
This is my brief describing the platform opportunity for US residential real estate.
The three basic building blocks for a marketplace platform.
Platforms are more challenging the deeper you research and experiment. Here’s one example of what the layers of the platform stack might look like.
Residential real estate creates and transfers great value each year. Actors inside our industry fight for their fair share within their respective industry verticals.
So-called ‘disruptors’ see the bigger picture, and their strategies are about capturing value from each product / service vertical, not just one.
There are many interdependent interactions that must occur to enable real estate transactions. This visual depicts the key actors in the transaction.