Kurt Averall
๐ค SpeakerAppearances Over Time
Podcast Appearances
So they've got inventory, you know, coast to coast and Ember is mainly on the West coast.
So it's, it's Oregon, California, Utah.
Yeah.
I mean, I think it will get very big.
Yeah.
So we've been doing this for 10 months, my co-founders and I, and then our team at Ember and the company's grown very quickly.
So right now we have just shy of right around $15 million of inventory that's available on the website.
That's homes that we actually have purchased and are for sale.
So I think that will grow into the hundreds of millions over the course of the next few years.
And the way we think about it, if you look out,
five to 10 years, which is what you got to do in a startup, right?
You got to think about what this will be.
This is going to be a massive marketplace where people are buying and selling shares in these homes.
And it's the way that our thesis is that this is how people will buy vacation homes.
The way the old way of buying whole homes, which with all the work and costs that comes with that will start to fade.
And certainly there'll be a segment of the market that will still buy the home outright.
But for most people, they want the they want to be able to show up and have a worry free vacation and not really have to deal when you know when they leave at the end of their vacation, they leave all the troubles of the home behind.
to Ember.
So, so yeah, we think that there's like a, you know, multi hundred million dollar, you know, certainly, you know, potentially into the billions of dollars of inventory if you go out 10 years and that's kind of where we're headed.
Yeah.