SA’s real estate market: a target for disruption
“The success of Uber and AirBnB has shown that technology is capable of disrupting a market; and the real estate market is certainly a target for disruption” With some online estate agencies such as Purplebricks rapidly expanding, realtor leaders advise excellent service as best defence against disruption in the traditional property industry. UK-based online estate agency, Purplebricks, thanks to generous investors, has been able to expand its business, within three years since it was founded, to other first world markets such as Australia and lately also the US. Their business model is based on cutting out high commission fees...
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