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Real Estate and Skunk Works Departments

by Seth Siegler on 12:10 pm April 18, 2017

I’ve been working within the fast-paced, risk-loving, fail-fast worlds of four different real estate industry startups for the the last 10+ years. I founded them all but three were bootstrapped and one was VC-backed. And while two of them went nowhere and two others resulted in exits, in all four, there existed common themes and paradigms that allowed us to get a huge amount of work done with a tiny team and budget. That’s nothing super novel though – all startups benefit from this type … Read More »

Meet the RE Tech Entrepreneur: Jack FitzGerald from Disrupt Property

by Drew Meyers on 9:06 am April 10, 2017

In our latest real estate tech entrepreneur interview, we’re speaking with Jack FitzGerald from Disrupt Property. Without further ado… What do you do? Disrupt Property is a global database of real estate tech start-ups organised according to asset class (residential, office and retail) and category. Start-ups are crowdsourced, then curated by a team in the real estate development industry. The site also includes research reports, resources and interviews with industry pioneers. What problem does your product/service solve? As developers, we are constantly thinking about the … Read More »

Revestor and Defensibility

by Drew Meyers on 10:48 am March 31, 2017

I came across an article titled This Real Estate Startup Is Exploiting Zillow And Airbnb’s Blind Spot on Forbes yesterday. It’s about Revestor. First, let’s get the obvious out of the way. The headline is misleading; they are not exploiting a blindspot. Revestor is a B2B play, targeted at real estate investors. Zillow and AirBnB are consumer brands. B2B and B2C are two very different beasts. The reality is Zillow could literally wipe Revestor’s business out in one day (they have all the data & better algorithms), though I’m … Read More »

Local Experts, Parkbench, and Escaping the Local News Graveyard

by Drew Meyers on 3:00 pm March 26, 2017

Rob Hahn got me thinking about the topic of local experts again. If you haven’t noticed by now, it’s a topic that I’ve been thinking about for a long time. Parkbench, the subject of a recent founder interview, is a neighborhood news platform helping real estate agents be the digital mayor of their neighborhood. They actually refer to it as a Local Leader Real Estate Marketing System (truthfully, I’m not exactly sure what that means). A bit more about their model: Real Estate is a relationship based business and … Read More »

More on HouseCanary

by Drew Meyers on 9:45 am March 24, 2017

I’m on record as being a skeptic on HouseCanary. I thought I’d share a video of a presentation by their CEO, Jeremy Sicklick: After watching the video — I’m still a skeptic. It seems home price indexes at the block level is their differentiator. My question — who cares about block level analysis? Some investors, sure — but consumers? I don’t think so. Hasn’t Zillow already done everything HouseCanary is doing? [via VendorAlley]

Branding in a World Where There is No Free Lunch

by Drew Meyers on 11:03 am March 20, 2017

Rich Barton (Zillow’s chairman) wrote an article every entrepreneur should read: The New Age of Marketing (Don Draper is making a comeback). The Don Draper mention is timely for me, given I’ve recently gotten addicted to Mad Men (which I’m sure many of you reading have already watched). Don Draper is the creative genius behind the ad agency Sterling Cooper and later at the Sterling Cooper Draper Pryce. Eyes on brand, and capturing someone’s attention and imagination. That’s the name of the game. There’s no more … Read More »

MetaProp NYC Demo: Enertiv

by Drew Meyers on 10:00 am March 3, 2017

For the commercial property managers/investors reading, you may be interested in watching Enertiv‘s MetaProp NYC demo day presentation. They monitor and report on energy usage in real time in the commercial, multifamily and industrial space. (for those receiving this via email, the video is here)

MetaProp NYC Demo: hOM

by Drew Meyers on 7:00 am February 22, 2017

hOM was part of MetaProp’s latest class, and Francesca Loftus (who I met at Inman in January) recently presented at the 2017 demo day. hOM partners with residential landlords to deliver group fitness classes in under-utilized space — in order to increase retention (reduce tenant turnover). (for those receiving this via email, the video is here)

Connecting Adventurers, Travelers And Homebuyers Through A Mobile App?

by Julie Ziemelis on 3:09 pm February 20, 2017

I recently attended a luxury real estate conference on Oahu and enjoyed a presentation by Michela O’Connor Abrams, President and CEO of Dwell who discussed lifestyle home ownership trends. She mentioned that many of the people purchasing second homes were people in their 40’s and 50’s making over $200k a year. This group did not want the McMansions of yesteryear, saw the value of smaller homes and wanted a more nimble lifestyle. After her talk, I spoke to some of the luxury Realtors in the room and asked them … Read More »

MetaProp NYC Demo: Flip

by Drew Meyers on 7:00 am

We’ve covered Flip previously in one of our founder interviews. They presented at MetaProp NYC’s 2017 demo day. Having lived in numerous countries between 2010 and 2015 (among them Chile, Thailand, Spain, Ghana, Kenya), mobility and housing is something I spend an immense amount of time thinking about. Horizon is a a very different product, but certainly banking on the same mobility trend. I love the approach Flip is taking. For those interested in rentals, mobility, travel, and flexible living arrangements — I encourage you to watch … Read More »

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