Reinventing Finances for Real Estate Agents, NYC's FARE Act & NAR Lawsuit, with Tongo CEO Brandon Wright

Brandon Wright is the Co-founder and CEO of Tongo, the company he co-founded to help Real Estate agents address cash flow challenges by providing financial tools such as a commission line of credit and a payroll solution to help stabilize their incomes and automate savings. With a deep understanding of the challenges faced by agents and commission-based earners, Brandon has led Tongo in creating innovative solutions that provide liquidity and flexibility, empowering users to manage cash flow effectively. He began his career at Smith Barney in Seattle, Washington, working under renowned contrarian value investor Jamie Dimon, current CEO of JPMorgan Chase. He then ventured into entrepreneurship, starting a coffee shop in Seattle. Brandon then pursued an MBA at Cornell and joined private equity firm Vista Equity Partners, where he implemented best practices across their software portfolio. Leveraging his experience, he co-founded a company that used AI to build decision engines for lenders, ultimately transitioning into developing a buy now, pay later solution for e-commerce called Catapult.

(01:09) - Brandon's Journey in Financial Services

(06:28) - The Birth of Tongo

(07:48) - Challenges in the Real Estate Market

(11:09) - Tongo's Financial Solutions for Agents
(16:26) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso’s growth and become an investor of a venture-backed company at Pacaso.com/invest

(18:12) - Success Stories & Future Plans

(21:32) - Lowering risk with data availability & efficient distribution
(27:27) - Impact of NAR Lawsuit on Real Estate agents & investors
(35:07) - Feature: Blueprint - The Future of Real Estate 2025

(35:54) - NYC Housing Market & FARE Act
(40:43) - Collaboration Superpower: Jamie Dimon (Wiki)

💚 Learn more:
➡️ Visit Tongo's site
➡️ Brandon Wright on LinkedIn

💚 Feature:
➡️ Pacaso - Luxury vacation home ownership, elevated. Join Pacaso’s growth and become an investor of a venture-backed company at Pacaso.com/invest

➡️ Blueprint - The Future of Real Estate - Register for 2025: The Premier Event for Industry Executives, Real Estate & Construction Tech Startups and VCs, at The Venetian, Las Vegas on September 16th-18th, 2025.

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

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.