{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Tech Nest: The Proptech Podcast","title":"Can Auctions Bring Transparency to Buying Real Estate? With Jordan Allen, Doorsey CEO","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/f7c263e5\"></iframe>","width":"100%","height":180,"duration":3553,"description":"When you think about the average residential real estate transaction, it can be boiled down to the description using the words, \"blind auction\". At least, that's how second-time proptech founder and CEO of a startup called Doorsey, Jordan Allen, describes it. \r\n\r\nBuyers have a chance to purchase a home if they can best guess with an offer what the homeowner wants to sell for. In this scenario, there are many bargaining chips including inspection, appraisal, and a whole-host of terms that a buyer can introduce. But what if instead the seller provides inspection details, high-definition photo tours with enriched photo data, terms are clearly spelled out, and a timeline giving all buyers a deadline to submit their offer—effectively reducing variables down to only price? Could this bring more transparency, guarantee sellers the maximum price for their homes, and empower listing agents to be more productive? \r\n\r\nListen in as Jordan breaks all this down and more. You'll also hear us talk about a live transaction that was happening during the interview (which was totally unplanned). The house that sold during the interview, which has yet to be built, sold for more than $150,000 over asking price. \r\n\r\nLet's jump right in!","thumbnail_url":"https://img.transistorcdn.com/kGkK30rhvs4APH63UFopdx0c7QnsNqClGiDNZhw8QkA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzExOC8xNjk2NjIy/NTIwLWFydHdvcmsu/anBn.webp","thumbnail_width":300,"thumbnail_height":300}