Real Estate Social Media Platform: TikTok for Real Estate:
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[{"id": "hktpdj3", "text": "This sounds like something I wouldn't pay for our pay attention to ngl", "replies": [], "depth": 1}, {"id": "hktt8wo", "text": "Honestly I think it is an interesting idea. Just a few problems though: this sounds like a place real owners would avoid. Real owners don\u2019t want to talk to agents so much. Agents wouldn\u2019t go to a website to promote things if the website doesn\u2019t bring real owners.", "replies": [], "depth": 1}, {"id": "hkusggn", "text": "What is the problem you are actually solving?", "replies": [], "depth": 1}, {"id": "hkuvgat", "text": "I could write a dissertation on every flaw with this idea but I'll spare you. I just came to laugh at your idea. Much better off spending sometime getting some deals done.", "replies": [{"id": "hkuxs5r", "text": "Would love the feedback!", "replies": [{"id": "hkv0v4f", "text": "My best feedback? Don\u2019t sink anymore time into this godawful idea. Use your time to get listings or further your education.", "replies": [{"id": "hkxhe6g", "text": "How do I do that, I've spent over three years building this out and over $75k into app development. I'm too far in to give up.", "replies": [{"id": "hkxl6tb", "text": "1. Sunk Cost Fallacy - just because you have that much time/money invest in this does not mean you must continue on this endeavor. \n\n2. You belong over on /r/wallstreetbets for throwing 75k at this ludicrously unnecessary idea. Whatever you are smoking I\u2019ll take 3. You\u2019re planning on charging money for this? You\u2019re going to get advertisers on board? I really hope you\u2019re kidding because this is going be a very expensive lesson.", "replies": [], "depth": 5}, {"id": "hkxtueu", "text": "We've already had a family and friends round already for $165k. Validating the app/website at $1.2m. So this isn't a joke to me. I'm really hoping it goes well.", "replies": [{"id": "hkz7siu", "text": "Holy shit you\u2019re serious.  I\u2019m so sorry, this is going straight into the ground. I look forward to seeing your future post about things you learned from this experience. I hope that was money you have to burn and not your families livelihood. You would have had a much better return putting that money into TQQQ or some ETF that will bring you money, not throwing it into an adult real estate tiktok program. I don\u2019t see how you couldn\u2019t comprehend the disconnect  between a kids app and a product that is wholly never bought by kids. You think adults are going to leisurely spend time looking at listings through this shit? Fuck no, dreamers, kids and people without enough funds are the ones who will mostly soak up this media. I really can\u2019t believe you\u2019ve done this. Just to be very clear that 1.2 M validation means absolutely nothing if you can\u2019t sell the platform/establish a user base.", "replies": [{"id": "hl0py3m", "text": "It was all my personal savings as well as my parents and siblings, as well as family friends. Are you really serious that you think we're screwed? I really hope not, I'm super nervous now!", "replies": [{"id": "hl0qcr9", "text": "As mentioned earlier we are in beta with 15k users. We've been approached to be acquired for $1.5m, and have turned down that offer. Was that a mistake?", "replies": [{"id": "hl0rb26", "text": "I\u2019m going to state my position as a corporate/tax lawyer with upwards of 2 decades of experience representing buyers and sellers of businesses as well as a commercial real estate broker who has done hundreds &amp; hundreds of deals ranging from 100k to 20M. \nI don\u2019t believe your product is viable, or will generate revenue. I would 100% go back to that 1.5M offer and 10x your money before you lose your family\u2019s savings.\n\nEdit: Also I just throw this in my network group chat - 15,000 users and no one in my personal real estate group (100+ members in residential/commercial markets across the country in every region) has ever heard of it? I kinda wanna call bullshit", "replies": [], "depth": 9}], "depth": 8}], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]