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Join me, Nik (https://x.com/CoFoundersNik), as I interview Amanda Orson (https://x.com/amandaorson) about her company, Galleon, and its mission to shake up the world of real estate.

We dive into why this massive industry has remained so stubbornly outdated, clinging to practices invented over a century ago and a commission structure that seems out of sync with today's technology. Amanda shares her vision for a consumer-driven real estate transaction, drawing parallels to disruptions in other sectors, and explains how Galleon is building a free and open marketplace that cuts through the traditional gatekeepers.

We also explore Galleon's unique approach to identity verification and its innovative revenue model, moving away from hefty commissions. Find out why Amanda, a multiple founder, is taking a lean, "seed strapping" approach to building this potentially revolutionary company.

Questions This Episode Answers:

Why do you think Galleon is different from other attempts to disrupt real estate?

What's the thing people hate the most about real estate?

Why did they set the commission rates the way that they currently are?

Why haven't they been able to disrupt the real estate industry before?

How does Galleon work?

Enjoy the conversation!

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This week we covered:

00:00 The State of Real Estate Lobbying

02:57 Disrupting the Outdated Real Estate Model

05:52 Understanding the MLS and Its Gatekeeping

08:47 The Economics of Real Estate Commissions

12:01 Galleon's Unique Approach to Real Estate Transactions

14:55 Navigating the Future of Real Estate with Technology

18:10 Galleon's Marketplace and Revenue Model

21:10 The Role of Vendors in Real Estate Transactions

24:05 The Future of Galleon and Its Growth Potential