If you can make it here, you probably can’t make it anywhere else.
Data, the fuel on which so much of the technology and appraisal of real estate runs, is up-to-date and in abundant supply in Gotham, but still living in the dark ages in the rest of the country.
Reonomy found this out the hard way. The company launched in New York City in 2013 with a product that pulls information on properties from different sources and compiles them on one website, and its first New York iteration was smooth sailing. That was not the case when it tried to expand to Los Angeles in 2015.