Latest / NOISE vs SIGNAL by Inman / Trailer | NOISE vs SIGNAL by Inman
Transcript
- 0:00Let me put out the elephant in the room, okay?
- 0:02Everybody in the business of home has a pitch.
- 0:05Almost nobody gets asked a hard question. This
- 0:08show fixes that. Do you fire it or name it as
- 0:11a partner and put its name on the door? Would
- 0:14you do it again? And how did that work out for
- 0:16you? Welcome to Signal. I'm your host, Inman
- 0:20CEO, Tom Bohn. Oh, my gosh. Great question, because
- 0:23to put it lightly, we were bootstrapped. And
- 0:27you start thinking to yourself, how is that even
- 0:29possible? I'm sitting down with the people who
- 0:31actually move the industry, top producing realtors,
- 0:34the CEOs making the big bets, the prop tech founders
- 0:38out to blow it all up, and the designers deciding
- 0:41how the rest of us live. And we skipped the talking
- 0:43points. You told Ryan Serhant, TV celebrity,
- 0:47you know, all over the place. No. Thanks, but
- 0:50no thanks. Okay. And what was the reason initially?
- 0:52Building a brokerage is really complicated and
- 0:54really hard. It is not for the weak. Every other
- 0:58firm I see is a subscription -based business
- 1:00or it's run by a total wacko. Big personalities,
- 1:03real opinions, and a rock and roll pulse that
- 1:06treats this business like the contact sport it
- 1:09is. Not everyone should be in this industry.
- 1:11Trust me. I'm in the make money business. Who
- 1:14would win in a street fight? You or James Harris?
- 1:16Ooh. And so this is not get rich quick. This
- 1:19is building a business. Do you start to say,
- 1:21where do we go from here? Interesting enough.
- 1:24And then maybe this is sort of the insights that
- 1:27I can give people in the industry is the media
- 1:29doesn't always tell the whole story. And the
- 1:31whole story is then comes signal or noise, our
- 1:34rapid fire segment, where we run through the
- 1:36week's news launches and breathless hype asking
- 1:39one question. Is it a real signal of where the
- 1:42industry is headed or just noise? There's a lot
- 1:45of noise in our industry. High energy, zero nonsense,
- 1:48and a lot more fun than it has any right to be.
- 1:52Zillow versus Compass, I had to ask it. The celebrity
- 1:56agent TV brokerage, signal or noise? Ooh, good
- 2:00one. People are no longer moving to Florida,
- 2:02signal or noise? The rise of non -traditional
- 2:05brokerages. That is, I shouldn't admit this out
- 2:08loud. Where do I even want to start? If you build,
- 2:13sell, design or bet on the business of home,
- 2:16pull up a chair.