Over at Redfin, we’ve been wondering plenty what the world will look like after the Great Recession. It feels as though we’re falling and falling, like Alice in Wonderland, with no idea what strange new world awaits us at the bottom of this very deep downturn.
What will the Internet be like? How will venture capital change? Most important to us, how will real estate change? Aready we have seen data-sharing policies liberalized, a radical decrease in the number of real estate agents and a radical increase in quality, and lower spending from the major brokerages on web technology even as venture-funded businesses have continued to invest millions.
We’ve wondered whether there will be more brokers or fewer, if consumers will choose an agent based on data or a personal connection, if the next generation of consumers will be the data-driven scavengers we’re now seeing pick through distressed properties.
We’ve wondered if venture capital will continue to flow into this industry or leave it alone until the next big bubble. And so we thought we would ask the Bloodhound community the same questions. What’s your take?8 comments