Consumer behavior has changed and the business model has not changed. |
In each of these businesses, you didn't have to scratch far into the pool to find consumer frustration. |
Instead of everyone kind of observing the Web, they are contributing to the Web. |
My motivation, I guess, is kind of power to the people. |
Sellers can use our tools to arrive at the right selling price. And owners can track the value of their most important asset. |
They've never been able to see the whole store. Now we're turning on the lights. Buyers can see home values to avoid overpaying. |
Until now, finding out a current market value of any home, whether it's yours or one you want to bid on, has been quite difficult. We believe you shouldn't need a computer science degree or a real estate license to find out what a home is worth. |
We hope this provides transparency so consumers will be able to more aggressively negotiate with service providers. |
We really think this thing can be big. And we want to be the first guys to do it. And there are enough people interested in what we are doing that we have to be careful. |
We see in real estate right now customers are beginning to take control and habits will start to change. |
We're opening this thing up, allowing anyone to come in and use it to get smarter. |