$10M+ Homes Platform
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A specialized platform for buying and selling luxury homes worth $10M+ that addresses the inefficiencies of traditional real estate models for ultra-luxury properties.
Key Points:
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Flat 1% Commission Structure:
- Replace standard 6% real estate commission
- More appropriate for ultra-high-value transactions
- Optional tip-based additional compensation based on service quality
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Exclusive Access Requirements:
- Buyers must prove ability to purchase homes in this price range
- No open houses for general public
- Eliminates non-serious buyers and lookers
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Single Broker Model:
- One broker handles both sides of transaction
- Streamlines process and communication
- Eliminates multiple agent complications
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Market Size & Opportunity:
- Thousands of $10M+ homes sold annually
- Average home price around $15M in target segment
- Hundreds of millions in potential commission revenue
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Target Network:
- Initial 100 clients could come from existing high-net-worth networks
- Focus on relationship-based growth
- Leverage existing luxury real estate community
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Platform Features:
- Specialized website for high-end properties
- Verification system for qualified buyers
- Private viewing arrangements only
44:00 - 47:04
Full video: 01:00:39SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.