Revolutionizing Consumer Interactions in the Real Estate Industry
OBC Technology
Our Vision
- OBC Technology brings the consumer into the forefront of home buying and selling.
- We provide a marketplace where consumers have options on how they buy and sell homes.
- Ranging from fully autonomous transactions through intelligent automation, to ala carte agent assistance, to full white glove agent service as we have seen it historically.
Welcome to OBC Technology
PRODUCT
A full industry solution, provided to the consumer, who is demanding industry change.
We are here to facilitate that change.
We offer a wide range of services beginning with the consumer, who will list and sell their own home with confidence and competence.
We offer multiple ancillary services to aid the buyer and seller along the way, as well as create an additional market for agents and subcontractors to generate revenue.
PROBLEM
- Homeowners pay too much money to sell a home.
- Homeowners want options to choose how they sell their home, and to save money doing so.
- The system is set up so only Agents can navigate the home selling or buying process.
- Not a consumer-friendly process.
- No credible way to sell or buy your home without an agent and without paying 5.5% of the sale price on average to sell.
- Industry Monopoly
- Agents and Brokers have a monopoly on their industry, and no one is willing to change the status quo, even though Homeowners are demanding change.
- Homeowners want valid options and solutions
PRODUCT BENEFITS
- A true marketplace for consumers and agents to list their properties
- A fully automated solution where the consumer has full autonomous control, to walk through the process of buying and selling with confidence and competence.
- A marketplace for Agents to provide Ala Carte Solutions to Consumers.
- A marketplace for Subcontractors to provide Ala Carte Solutions to Consumers.
MARKET VALIDATION
Timing is Everything
A great idea presented at the wrong time is the same as a bad idea. The timing has to be right. Now that it’s clear the public have demanded change, with the NAR settlement, and some brokerages withdrawing from NAR, the timing is right for people to adopt such an idea.
NAR settlement shows that homeowners want to sell their home for reasonable fees and not deal with the monopoly of the real estate industry, and its standards, which keep buyers and sellers trapped in the brokerage price cycle.
The Industry is Demanding Change
Similar to how AirBNB & VRBO revolutionized the Hotel/Home Rental market, and how Uber & Lyft revolutionized the Taxi industry. It put the options into the hands of the consumer, and the consumers responded positively to industries where there seemed to be a monopoly on the status quo.
Technology
- James Cameron was once asked if he would do another Avatar movie. He said he had the idea for it, but wanted the technology to be able to bring it to life, and that he wouldn’t do it until that happened.
- Like that, our technology is now capable of navigating this sort of industry transition, where in the past, the technology simply wasn’t capable of providing the consumer with the confidence and competence necessary.
- This is a superior technology and process that will forever change how people buy and sell homes. An entire industry will develop around this concept, and we will own the highest level of entry into the industry. Like Google, Microsoft, Apple, name your platform and how it changed the industry. That will be us!
- This is a concept and technology that is so superiorly advanced from any competitors, that there is no slight competitive advantage, because it’s a complete shift in how we do business.
- This business model is soo far advanced of what the industry is currently doing, it will reshape the industry itself.
Will it Work?
It’s not a question of will it work. It’s a question of who will get there first and be the owner of this new landscape.
COMPETITION
- Our competition is solely comprised of the Old Concepts and current Industry Standards of Buying and Selling Homes.
- No other company is working this New Business Model.
- No other business model does what we will do, so our competition will be the old model, and whomever may try to copy what we are doing. However, we will be first to market
