Housing Crisis | The Lawsuit That Will Change Real Estate Forever & Reimagining the Home Buying Experience, with Aalto CEO Nick Narodny

Nick Narodny is the Founder and CEO at Aalto, a real estate marketplace that lets people buy and sell homes online. Nick previously co-founded Grovo, a microlearning company for real estate agents that was acquired by Cornerstone on Demand. Real Estate runs in the family for Nick, after being raised and inspired by his real estate agent mother and father. Aalto combines modern technology with a centralized team of licensed agents. Buyers and sellers use digital tools to lead most of the process themselves. Aalto agents provide on-demand support, review offers, and handle closing. This online model aims to provide a consistent, high quality experience while costing less to operate, so buyers and sellers save money with low fees and rebates.

(1:55) - Aalto, buy a home online
(3:38) - Nick & Aalto's origin story
(8:42) - Aalto vs. traditional broker
(17:02) - Feature: Housing Trust Silicon Valley (site)
(18:13) - NAR Lawsuit & it's ramifications for the industry
(30:38) - Predictions for buyer & seller commissions in 2024
(35:43) - Collaboration Superpower: Winston Churchill

💚 Learn more:
➡️ Aalto's site
➡️ Nick Narodny on LinkedIn

💚 Feature:
➡️ Housing Trust Silicon Valley's site - Housing finance & public-private partnerships to create more equitable & affordable communities.

💚 Connect with Tangent:
Edward Cohen on LinkedIn
Edward Cohen on X
➡️ Jeff Berman on LinkedIn
➡️ Jeff Berman on X
➡️ Zach Aarons on LinkedIn
➡️ Tangent on LinkedIn
➡️ Tangent on X

Disclaimer: Tangent podcast is for entertainment and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advise. Nothing contained on our program constitutes a solicitation, recommendation, endorsement, or offer by Tangent, Camber Creek, MetaProp, or any third party guest to buy or sell any securities, public or private, other financial instruments or funds.

Creators and Guests

Edward Cohen
Edward Cohen
Host & Executive Producer at Tangent
Nick Narodny
Nick Narodny
CEO & Co-founder at Aalto
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