I talked to the CEO of Properazzi (Yannick Laclau) the other day and mentioned my concern that they were entering a highly competitive space (and it appeared to me) without a plan to get comprehensive listings. His response was that, at least initially, they would be appealing to a very international audience who would largely be unaware of domestic home search tools.
I’m not sure how much I buy this idea that it is enough to appeal to international buyers, but they’ve got to be the fastest expanding real estate search site in the world, so Yannick obviously knows a bit about what he’s doing!
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