Mo Knee

participating in eternal totality

[Mo Knee @thecuriousape]

@PeterRex How do you think about your labor efficiency ratio and the impact on net margin when you factor this built-in slack in overhead?

[Mo Knee @thecuriousape]

@girdley On a nominal basis : Musk
On a prorata basis: Trump or the Kardashians

[Mo Knee @thecuriousape]

@JoeCassandra @moseskagan Yes. Lawlessness and weak law enforcement in Sicily led to the creation of the mafia. Then, they turned on those who hired them. Time is a flat circle.

[Mo Knee @thecuriousape]

@rhunterh Any specific topics you’re looking to expand into?

[Mo Knee @thecuriousape]

@MultifamilyMad Everyone loves the free markets until price discovery contradicts the story they tell themselves

[Mo Knee @thecuriousape]

@joshuamschultz @airtable Airtable has another code tool?

[Mo Knee @thecuriousape]

@LoganMohtashami How do they calculate this index? Is apps relative to the potential pool of buyers?

[Mo Knee @thecuriousape]

@PatrickSiegman Is it as easy to obtain financing in those other markets (as it pertains to market velocity)?

[Mo Knee @thecuriousape]

@PatrickSiegman Also, the consumer is protected from price gouging from the very thing many people decry: low barriers to entry in the profession. Margins could easily compress if it were as clear-cut as we are told it is.

[Mo Knee @thecuriousape]

@PatrickSiegman A lot of variables to control for: frequency of moves, median home prices, etc.

Then, what other services are layered into that commission (photography, portals, CRMs, etc) that aren’t in other markets?

[Mo Knee @thecuriousape]

@PatrickSiegman The industry has been resistant to consolidation because the work doesnt scale. And all those who ventured into the industry with economies of scale in mind (opendoor, zillow offers) failed because they deal in “thousands of edge cases”. It isn’t the win for consumers we are told

[Mo Knee @thecuriousape]

@PatrickSiegman Being very intimate with the P&Ls of a brokerage, I can tell you that the perception of gross abuse is very flawed. I would invite you to dive into the rabbit hole of the industry. You will very quickly see that the status quo is closer to equilibrium than any pundit would admit

[Mo Knee @thecuriousape]

@LoganMohtashami What is getting in the way of the spread going back to the historical average?

[reason @reason]

This is what it would be like if country music was about homebuilding regulations:

[Mo Knee @thecuriousape]

@fedexultra @HaziqInayat @FeltCarson @texasrunnerDFW Aluminium wiring ftw

[Mo Knee @thecuriousape]

@Mementium @texasrunnerDFW Couple of extra data points: builders are still “offering a lot of incentives to get their inventory off the books and are selling more than the historical average. However, permit applications and starts are significantly down for the near future.

[Mo Knee @thecuriousape]

@LoganHaskett @redwood_ryan_a @parkertankus Tell him your idea !💡

[Mo Knee @thecuriousape]

@rationalwalk Was around the table when the decision was made many times (for-sale high-rise). Very simple: cost and risk.
Ultimately the lost sqft, risk, maintenance are priced in/handed off after occupancy.

[Mo Knee @thecuriousape]

@antonia_mdprjct sick house!