There are plenty of issues faced by founders of real estate start-ups, but in terms of the problems of those building up a property site from scratch, there is only one…. Getting the properties onto your property site! Nobody is interested in visiting an online property site with 50 to 100 properties, users want thousand and thousands of properties to choose from. So getting the properties is the first hurdle, but those with properties only care if those looking for properties, actually come to your site! This can be quite difficult, but that would be the second issue. Then once you have the properties & once you have the demand, the founder can look to make money from advertisements (listings etc) and/or through a brokerage model.
August 2, 2018 - 11:19 AM