Real estate 2.0 is still just knocking on disruption’s door.
For an industry that has historically relied upon a paper-intensive, time-consuming process of buying and selling homes, the past few years have brought a lot of progress. We can now see the value of a house in one click, tour it virtually with a few clicks or sell it with a few more. The promise is evident in the flood of companies coming to the public markets that tackle automated home flipping, like
and Offerpad, or seek to improve the fragmented brokerage model, like Compass.
has said he and his co-founders realized people weren’t ready to buy and sell homes electronically on demand back in 2005. But 14 years later, with a human agent still at the center of most real-estate…