REX's Business Model Is Tested and Working Well, CEO Says

REX's Business Model Is Tested and Working Well, CEO Says

Assessment

Interactive Video

Business

University

Hard

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The video discusses a real estate business that has been operational for three years, listing and selling over a billion dollars in homes. It highlights the benefits of using technology and big data in real estate, such as reducing costs and improving efficiency. The company is expanding rapidly, listing 5 to 10 homes daily and planning to launch in 12 cities. The discussion also covers market trends, pricing strategies, and the positive impact of technology on reducing transaction times and risks.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do traditional real estate brokers face with the rise of technology startups?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends in the real estate market were discussed for the year 2019?

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