"Only Mike would start a 9 a.m. presentation talking about EBITDA and GAAP financials." – Anonymous Zillow executive
Two weeks ago I had the pleasure of speaking at Inman Connect Las Vegas -- one of the world's premier real estate conferences. My talk, "iBuying Disrupted: Battle of the Behemoths," was followed on stage by Rich Barton, CEO of Zillow, Glenn Kelman, CEO of Redfin, and Eric Wu, CEO of Opendoor. What a lineup!
Watch the video
Some of my favorite lines from the presentation:
“There’s a new competitive advantage in town: sustained unprofitability.”
"Red is the new black."
"Agents are the ultimate iBuyer aggregator."
“iBuying is the new Zestimate."
“Companies and agents that win will be the those that empower consumers to make the choice that’s right for them.”