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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 »

A Deeper Look Inside Opendoor

by Drew Meyers on 9:00 am February 11, 2017

There’s a lot of people fascinated with Opendoor (myself included). For those seeking to scratch their itch for more insight, here’s a presentation and Q&A with co-founder Ian Wong at Data Driven NYC in January: [via Greg Fischer]

10 Min Realty & Instant Showings

by Drew Meyers on 1:39 pm February 9, 2017

I came across 10 min realty this morning. Request a showing, instantly. Sounds like another CurbCall. The big questions: How will buyers hear about the app? How do you get enough liquidity of agents in a given area to deliver showings in real time? What type of agents will agree to be on-call? I’d love thoughts from the 10 min realty team on the discussion here.

An Interview with Riley CEO Daniel Ahmadizadeh

by Geordie Romer on 9:30 am February 2, 2017

Daniel Ahmadizadeh

Over the years, I have preached to those that listen that lead follow up and lead conversion are the keys to real estate success.  Last fall, I heard about a new company called Riley and was intrigued by their solution for instant response to real estate leads. Their CEO Daniel Ahmadizadeh was kind enough to answer some questions for Geek Estate readers. What is Riley? Riley provides lead qualification as a service. We are 100% human powered and engage leads within 2 minutes, 24/7 via text-message at a … Read More »

OfferPad

by Drew Meyers on 10:38 am January 30, 2017

Some of you may have heard about an Opendoor competitor that recently raised $260 million in financing (equity + debt). Offerpad. They are smaller than Opendoor: Revenues to date – which come from an average 9% fee that includes 6% that’s equivalent to the typical real estate brokerage commission and a risk-based fee that ranges from 1% to 7% – are in the neighborhood of $20 million. How many other similar models will emerge in the coming 12-18 months? I’m betting it’ll be more than a few. Keep … Read More »

Entrepreneurs: How to be Featured on Geek Estate

by Drew Meyers on 4:22 pm January 27, 2017

Meet The RE Tech Entrepreneur

Geek Estate is a resource for the industry’s technologists and forward thinking real estate professionals. If you’re invloved in real estate and consider yourself a geek, you’re in the right spot. We’ve found over the years that one of the primary reasons people read GEB is to find out who the industry players are, their backgrounds and what they are working on. We’ve featured a number of entrepreneurs (see here for full archives), and plan to continue highlighting the people behind the great, innovative products and companies … Read More »

Topics and Startups from Inman Connect

by Drew Meyers on 9:06 pm January 26, 2017

Last week was Inman Connect in New York, which is always a fun trip for me. I simply love New York (and thought about moving there a few years ago). Over the course of the week, I spoke with a wide range of startups, and discussed a variety of topics. Here’s a few that left an impression: mythic-vr.com: I’d previously experienced lighter weight VR devices powered by mobile phones, but never a full scale immersive experience. We’re still very very early, but VR is definitely looming on the horizon. RealScout: … Read More »

HouseCanary – A Big Attempt in the AVM (Data) Space

by Drew Meyers on 12:00 pm January 14, 2017

I saw this morning that HouseCanary raised a $33 million Series A. There have been a number of AVM attempts over the past decade. When I look at HouseCanary’s home page, they are much more CoreLogic, Onboard Informatics, or Home Junction than they are Zillow. Which surprised me. Why raise $33 million for a B2B data sales business model? I don’t get it. I’m assuming there must be a much grander vision pitched to investors than is indicated on their website.

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