Sweepstakes to Change the Business Model?
Jeremy Conaway in RealBlogging suggests the idea of starting a sweepstakes or competition to come up with a new business model that will define the “killer service application for the consumer real estate experience.”
This is a great idea, that unfortunately does not yet have a wealthy benefactor or university sponsor. Of course, in some sense the venture capital community has already put the prize money up for grabs with their funding of numerous real estate startups in recent times, such as Trulia, Zillow, Redfin, and others.