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Bamboo Realty closes its offices, ceases operations

08/18/2017

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It’s not easy to try to disrupt an industry like real estate. Bamboo Realty was a brokerage that tried, catering first to rental clients and later experimenting with a pay-what-you-want commission deal for real estate transactions. Sarah Jones But it looks like December’s shuttering of the Houston Bamboo office was fortuitous. Today, Bamboo’s broker-owner and CEO, Sarah Schnell Jones, told Inman that “we are closing the Bamboo offices.” In December, Inman wrote that Bamboo “began as a rental-only firm in 2009 and began representing buyers and sellers in 2011. Since then, Bamboo Realty has become known as a ‘for millennials by millennials’ brokerage that focuses on capturing clients at the rental stage and guiding them toward homeownership.” Alyssa Hellman Zach Schabot Bamboo head trainer Alyssa Hellman and VP Zach Schabot have been helping the agents in Raleigh, North Carolina, find “a soft place to land,” as Schabot put it. “To quote the great Nuke LaLoos…

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