enablement incumbents real estate 
Both Sides of the Table
MAY 4, 2015
These are hard things to initially comprehend until you see them in full force as local retailers get wiped out due to their albatross of high real estate costs leading to either higher prices to consumers or lower margins on their p&l statements. Today’s asset – real estate – is tomorrow’s albatross.
TechCrunch
JANUARY 22, 2021
As consumers grew more comfortable with the web, marketplaces like eBay, Etsy, Expedia and Wayfair* emerged, enabling historically offline transactions to occur online. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives.
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TechCrunch
MARCH 4, 2022
Founded in September 2020, the New York-based company – which was previously named Unlock – said it uses data science to “ identify, underwrite and close transactions 10x faster than incumbents.” commercial real estate value. ” It describes itself as a “managed marketplace.”
TechCrunch
JULY 26, 2021
Its banking APIs enable developers to create their own digital wallets, replacing the need to integrate with legacy financial institutions. “In the process, you end up having to also be compliance experts just to be able to do it.”. Whereas it took Karkal three years to get bank processes set up for other companies, it took Sila 18 months.
TechCrunch
NOVEMBER 2, 2022
Startups operating in the financial side of the real estate tech market suddenly faced a surge in demand, and many departed on hiring sprees to keep up. Predictably, home buyers made hay, taking full advantage of the favorable financial environment to pick up new homes and refinancing mortgages on their existing homes.
TechCrunch
APRIL 11, 2023
“I set out to answer that problem and defeat the incumbent solution — the clipboard — and that’s the seed that became Infogrid today.” “There is a major transformation underway in real estate as people reduce their footprint and are forced to take sustainability seriously,” De Gruchy said.
TechCrunch
NOVEMBER 13, 2022
Real estate fintech Redfin announced on November 9 that it was laying off 13% of its staff , or 862 people, in response to the continued slowing of the housing market. Interestingly, Kelman appears to be putting his own personal bets into real estate markets outside the U.S. But I digress. Pymnts has more here.
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