Acquisitions don't always spell trouble for the company being bought out. Sometimes, it can mean big growth is just on the horizon.
]Or at least that’s the promise Abode Founder Kyle Stoner has made. Abode, a fast-growing real-estate tech firm backed by Techstars and which markets itself as one of “Techstars’ fastest-growing start up(s)” is taking the real-estate brokerage industry head on. Abode is a follow up to Zillow and Trulia’s earlier inroads into realtor dominance over real estate listings and commission rates.
Abode’s own answer to 6% real estate broker commissions is a $35 flat fee and pick-your-own buy side commission. Grit Daily spoke with Abode Co-Founder Kyle Stoner to see what’s next after the acquisition of nationally licensed brokerage, USRealty.
Grit Daily: Share your acquisition news. Why now?
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Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.
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