It’s a very big market, with very little useful technology. So naturally everyone and their dear old Mom wants to ‘disrupt’ real estate using the internet.
Earlier this week, the UK’s tenancy deposit protection schemes reported hard numbers (via Property Industry Eye):
2.85m deposits protected at aTotal deposit value of (almost) £3bn
Movement launched a mobile listing app in 2013, hoping to end phantom listings. Their USP was to use a phone’s GPS to verify the lister was at the property.