08/30/2021 | Press release | Archived content
You can now sell your home online as quickly as you can sell a pair of shoes on eBay or Poshmark. But what is the return policy?
The pandemic bolstered already popular concepts like online shopping. But it also showed how more fringe applications could have mainstream use. We now know an entire workforce can function remotely, for example, though the risk to companies is that there are downstream costs to that convenience. A similar risk is increasingly being taken by online real-estate platforms using computerized algorithms to automate a nearly $2 trillion industry with just about 1% online penetration today. The question is whether fortune will favor the bold.