Stephen King is a partner at King Realty Group in Princeton, New Jersey.
He’s closed millions of dollars in real estate transactions and worked with several real-estate tech startups.
In this episode, Stephen and I discuss how his new Blockchain startup – RexMLS is turning the real estate industry on its head, why it’s time to get rid of the MLS old boys’ club, and what “real estate spam” means.
SHOW NOTES
[01:05] – Who is Stephen King? Introduction and overview
[03:36] – What is RexMLS and how does it leverage Blockchain?
[07:36] – The Rex Token: using listing rewards to accelerate network effects
[16:07] – Details of the Rex Token ICO (Initial Coin Offering) and what exchanges the token will be eventually traded on
[18:59] – How the traditional MLS system works and why RexMLS is a better solution
[24:32] – Why RexMLS will succeed where other real estate technology companies like Zillow have failed
[28:23] – A real life example of how a Chinese brokerage is implementing the RexMLS model
[30:06] – Stephen’s thoughts on other industries he believes are ripe for Blockchain disruption (media, music, and health)
[39:17] – How RexMLS enhances data privacy and quality with solutions like IPFS and local data feeds
[44:42] – What is “real estate listing spam,” and how does RexMLS deal with it?
[45:44] – Stephen’s advice to Blockchain entrepreneurs and firms
[50:48] – Has the term “Blockchain” been overhyped?
[53:11] – His 10-year prediction for Bitcoin and Ether/Ethereum
[56:59] – The Blockchain “killer app” Stephen is most excited about right now
[58:49] – How to get in touch with Stephen King
[59:13] – Conclusion
RESOURCES DISCUSSED
–IPFS
–Reddit (Ethereum)
–Snapchat investor’s prediction
CONTACT INFORMATION
-Twitter: @RexMLS and @mstephenking
-Email: stephen [at] rexmls.com