Imagine a company that could show you a dozen apartments in a day, and have you packing boxes and moving in the next. Imagine that the brokerage fee for finding your dream apartment was a thin 2%. I know… too good to be true… and it is. At least for now.
And that’s why we’re playing Fantasy Merger.
PDT is currently a trading desk within Morgan Stanley, which is being spun off at the end of 2012 as its own company (to-be-called PDT Advisors). It rakes in a few hundred million to a billion bucks a year using software to trade derivatives.
Rent Juice is a brokerage platform that allows brokers and real estate agents to view and update their listings in real time.
If RentJuice could leverage the arbitrage and super-analytical and predictive capabilities of PDT, it could offer real estate brokers a whole new level of service and efficiency to provide to their clients at a low cost… While, PDT could leverage Rent Juice’s real-time real estate data to predict real-estate market trends, and profit a great deal based on that info, using it to further blur the lines of what is truly possible with mortgage-backed securities.
That ends this round of Fantasy Merger. Until next time when there are two companies that will never merge, it’ll be right here.