A common question comes up repeatedly:
If market-leading agencies already have capital, software developers, in-house ERP/CRM systems, exclusive projects, strong distribution, and marketing power — what value does ListingMine actually provide?
The honest answer is not flattering to startups — but it is correct:
ListingMine is not built to optimise market leaders. It is built to solve a structural trust failure in the property industry that market leaders cannot fix without acting against their own profit incentives.
That distinction is everything.
Market-leading agencies in Malaysia are not behind. They are doing exactly what rational firms do:
From their point of view:
Expecting a dominant agency to voluntarily build neutral, industry-wide infrastructure is a category error.
They do not want neutrality.
They do not want agent portability.
They do not want governance competition.
This is not moral failure — it is economic logic.
The industry is not broken by one problem. It is trapped in three simultaneous trust failures.
Buyers and sellers assume:
This distrust is rational. Professionalism is inconsistent and invisible.
Agents know that:
So agents behave defensively:
This is not unethical behaviour. It is self-preservation inside a hostile architecture.
Agencies fear:
So they tighten control:
Which deepens agent distrust further.
When all three exist at once:
Everyone "cheats" slightly — not out of greed, but to survive.
This equilibrium is stable, which is why:
You cannot moralise your way out of a system that punishes trust.
To fix agent distrust, a dominant agency would need to:
That weakens retention.
To fix public distrust, it would need to:
That benefits competitors.
To fix agency distrust of agents, it would need to:
That increases complexity and reduces profit efficiency. So every real fix directly conflicts with profit incentives. This is why top-down reform never works.
For over 20 years, the same pattern has repeated:
Then:
Only a tiny minority succeed. The majority fail quietly.
This is not incompetence. It is the natural result of trying to build living governance systems inside organisations whose core business is not software.
No serious business recreates Microsoft Excel. Not because they can't — but because it never ends. Excel succeeded because it is:
ListingMine plays the same role for property governance.
ListingMine does not define the rules. It provides the rails for others to define and enforce theirs.
Under ListingMine:
This is healthy. Fairness becomes a competitive advantage, not a slogan. A monopoly ACN eventually over-centralises.
The ACN built by Beike was strongest before 2020. Beike listed on the New York Stock Exchange in August 2020.
After listing:
Agents felt the difference:
This is not an ACN failure. It is the structural limit of monopoly governance under capital-market pressure.
ListingMine avoids this by design:
ListingMine ERP does not ask any single agency to sacrifice its advantage.
Instead, it allows:
As adoption grows:
The public does not need to believe agents are professional — they begin to see consistency.
Not because they want neutrality — but because talent below them will use it anyway.
Team leaders and senior agents care about:
ListingMine enters bottom-up, not top-down.
ListingMine is not:
ListingMine is:
Market leaders may ignore it today. That is rational.
Infrastructure does not grow by convincing incumbents. It grows by becoming unavoidable underneath them.
Industries do not mature when leaders become stronger. They mature when infrastructure becomes neutral.
What no single large agency can do — because it conflicts with its profit incentives — neutral infrastructure can do quietly, over time.
That is ListingMine's positioning.
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