Difference between revisions of "A 360 Million Startup Wants To Change The Way We Buy Homes"
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− | Urban Compass CEO Robert Reffkin.<br>YouTube/techyfication<br><br><br><br><br><br>Brown Harris Stevens' Twitter handle reads, simply, "@Established1873."<br><br>The brokerage trades upon its distinguished lineage and generally manages to keep its white-gloved hands out of industry drama. But when real estate startup Urban Compass poached elite broker Kyle Blackmon last week, BHS president Hall Willkie decided it was time for those gloves to come off. <br><br>"Kyle has made the decision that the equity proposition offered to him trumps a singular focus on brokerage," Willkie said in a statement to The Real Deal<br>. He questioned the wisdom of that decision in | + | Urban Compass CEO Robert Reffkin.<br>YouTube/[http://www.covnews.com/archives/search/?searchthis=techyfication techyfication]<br><br><br><br><br><br>Brown Harris Stevens' Twitter handle reads, simply, "@Established1873."<br><br>The brokerage trades upon its distinguished lineage and generally manages to keep its white-gloved hands out of industry drama. But when real estate startup Urban Compass poached elite broker Kyle Blackmon last week, BHS president Hall Willkie decided it was time for those gloves to come off. <br><br>"Kyle has made the decision that the equity proposition offered to him trumps a singular focus on brokerage," Willkie said in a statement to The Real Deal<br>. He questioned the wisdom of that decision in an internal BHS memo that stated: "The value of Kyle's or anyone's equity will be dependent on the success of Urban Compass' founders implementing their vision of selling their company for substantially more than many industry experts believe is possible." <br><br>Willkie's statement echoed what many in the industry have whispered - or shouted under the cloak of anonymity - for months. Urban Compass, these sources say, is merely an idea - albeit a well-choreographed, Ivy League and McKinsey-branded one. But even with a $360 million valuation, they ask, is it really the future? <br><br>Tech leg up? <br><br><br>Urban Compass has always stressed that its competitive advantage is superior technology, both for the consumer and the broker. "Just the way Apple made buying and listening to music significantly different, I think this company [http://sunshineavenuedatxanh.com/gioi-thieu-can-ho-sunshine-avenue-quan-8/ Chung cu can ho Sunshine Avenue] have the same effect on real estate," Urban Compass president and <br>top-ranked broker Leonard Steinberg<br> told <br>TRD<br> in June. But it's still unclear to many in the industry, including former employees, what exactly that [http://www.modernmom.com/?s=advantage advantage] is If you have any type of questions relating to where and the best ways to use [http://sunshineavenuedatxanh.com Chung cu can ho Sunshine Avenue], you could contact us at our own web-page. . |
Revision as of 10:42, 14 December 2017
Urban Compass CEO Robert Reffkin.
YouTube/techyfication
Brown Harris Stevens' Twitter handle reads, simply, "@Established1873."
The brokerage trades upon its distinguished lineage and generally manages to keep its white-gloved hands out of industry drama. But when real estate startup Urban Compass poached elite broker Kyle Blackmon last week, BHS president Hall Willkie decided it was time for those gloves to come off.
"Kyle has made the decision that the equity proposition offered to him trumps a singular focus on brokerage," Willkie said in a statement to The Real Deal
. He questioned the wisdom of that decision in an internal BHS memo that stated: "The value of Kyle's or anyone's equity will be dependent on the success of Urban Compass' founders implementing their vision of selling their company for substantially more than many industry experts believe is possible."
Willkie's statement echoed what many in the industry have whispered - or shouted under the cloak of anonymity - for months. Urban Compass, these sources say, is merely an idea - albeit a well-choreographed, Ivy League and McKinsey-branded one. But even with a $360 million valuation, they ask, is it really the future?
Tech leg up?
Urban Compass has always stressed that its competitive advantage is superior technology, both for the consumer and the broker. "Just the way Apple made buying and listening to music significantly different, I think this company Chung cu can ho Sunshine Avenue have the same effect on real estate," Urban Compass president and
top-ranked broker Leonard Steinberg
told
TRD
in June. But it's still unclear to many in the industry, including former employees, what exactly that advantage is If you have any type of questions relating to where and the best ways to use Chung cu can ho Sunshine Avenue, you could contact us at our own web-page. .