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  "documentTitle": "Porch Group Inc (PRCH)",
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  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-04-08 00:00:00",
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      "text": "Anyone familiar with purchasing a home will realize that home inspection is but one small step in what can be a multi-month process. The home inspection typically occurs after the purchase and sale agreement, and during the process of obtaining a mortgage at the request of the lender. Porch claims its competitive strength is that it gets introduced to homebuyers six (6) weeks before their move in from its unique insights into home inspector activity, and access to their business software.(1) While this sounds great, Spruce Point believes there are better points in the home purchasing timeline to build stronger relationships with potential home buyers, and through professionals that have developed deeper relationships with customers (eg. Real estate brokers, mortgage brokers and lawyers). All of these professionals are engaged earlier in the process, and spend more time with home buyers then with home inspectors.",
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      "text": "Spruce Point believes there are better points in the home purchasing timeline to build stronger relationships with potential home buyers, and through professionals that have developed deeper relationships with customers (eg. Real estate brokers, mortgage brokers and lawyers).",
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      "text": "1) Porch 2020 10-K, p. 10",
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      "text": "Is Porch's Focus On Home Inspectors Really The Strongest Possible Competitive Advantage?",
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