It has not changed much to investors perception that technology is desirable even to this date.Real estate public Companies Z RdfnRLGY * Type Internet Tech Discount tech Traditional Year Revenue($)$1.08 billions$0.37 billions$5.81 billionsGross Profit($) $0.99 billions$ 0.11 billions$1.32 billions Net Income($)(-94 millions)(-15 millions)$213 millionsBook Value / share$14.05 $21.42$19.89Agents- 272,000Stock Price (Mar 2, 2018)$49.21$21.43$19.89IPO year 2011 2017 2012 *Better Homes, C21, ERA, Coldwell, Southeby's, Zip etcOne can compare a traditional company like Realogy Holdings(RLGY*) with some technology based public companies.

@Tamas Z., @Alan Rohrer is correct.  

@Nathan Oberle , Actually, I think it is very wise to have to entities for what @Rhett Z Begley is trying to do. 

@Rhett Z Begley A great place to start now is with a real estate agent.

X LLC wholly owns x LLC, y LLC, & z LLC, which are disregarded entities for tax purposes. 

Originally posted by @Dan Z.

@Tracy Z.

"look judge, she even refers to me as the tenant, so based on that I did x,y and z".  

@Jeremy Z.

You find out later, when X & Y are finished and progressing nicely, but you have been asking them to get Z done first -- but they don't.