Assertion Supported AI assessment confidence: 88% certainty 4/5 debate potential 2/5

PropTech demand shifted from cash offers to buy-before-you-sell bridge financing

Ben Rubinstein · Ep 62: Ben Rubenstein Says Resumes Are Useless; Here's How to Find the Best Salespeople · Joe Lonsdale · Jun 15, 2023 · at 24:00

Setpoint co-founder Ben Rubenstein discusses how higher interest rates and slower housing sales reshaped product demand across the PropTech sector.

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“Now that product is pretty much dried up because people don't need that anymore. Well, there's just not as many offers on any property, right? But the products that have really taken off now are buy before you sell because previously you didn't need buy before you sell as much because Making a contingent offer didn't really matter if you're gonna sell your house in a day. Right? Now, when you don't know when you're gonna sell your house, you need this kind of bridge financing.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

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