Paid-members only Weekly Radar Weekly Radar #351: The Curve Of Agent Productivity, Proptech Index Up 6.44%, Lower Jumps Into Real Estate, Beyond The Network In this Weekly Radar, we cover: * Tech vendors all target the top 20% of agents doing 65% of the business, but standing out is tough as AI floods the market with new tools. * Lower bought Movoto to rival Rocket + Redfin with an "end-to-end" platform. But what does that
Paid-members only Proptech Earnings Radar Proptech Earnings Radar Pt. 2 - Q1 2025 (Series V, Part VIII) Q1 results are in for proptech’s public companies. Part 1 provides summaries of the ten companies we deem as the most important players in the broader category. In Part 2, we've shared some high level takeaways and included a table covering the top 27 companies in the
Paid-members only Proptech Earnings Radar Featured Proptech Earnings Radar Pt. 1 - Q1 2025 (Series V, Part VIII) Q1 2025 results are in for many of proptech’s public companies...
Paid-members only Weekly Radar Weekly Radar #350: Proptech Index Down 1.68%, Rocket Q1 - 2025 Earnings In this Weekly Radar, we cover: * It's earnings season...we published seven summaries last week and a full recap is coming later this week. * The GEM Proptech Index decreased 1.68% from the previous week. As always, links surrounded by the ❇️ emoji indicate exclusive GEM Diamond content. If
Paid-members only Weekly Transmission Putting the Clamps on the Platform Land Grab (Transmission #321) Airbnb recently updated its Off-Platform and Fee Transparency Policy. The two big buckets are off-platform payments (such as external damage deposits) and the more strategically interesting one—off-platform bookings. With a take rate between 5-15%, Airbnb knows that hosts moving guests off platform risks disintermediation. I’ve been thinking about
Paid-members only Weekly Radar Weekly Radar #349: Peer Accelerator for Experienced Founders, Unlocking The Power Of Open Ideas, Proptech Index Increased 0.08% In this Weekly Radar, we cover: * We launched Aventurine: a new peer accelerator launched to help experienced proptech founders like those from GEM’s community collaborate confidentially on their next venture, emphasizing creativity, support, and focused action over casual idea-swapping. * Organizations thrive when leaders like those in startups foster a
Paid-members only Weekly Transmission Being Held Accountable by AI (Transmission #320) No-code product building solutions aren’t “new,” per say. Replit was founded back in 2016—nine years ago. I intuitively knew building products without actual coding is possible. But I hadn’t done the work to know for certain. I’ve had off-and-on conversations about this topic over the previous
Geek Estate Updates Aventurine: A Peer Accelerator for Experienced Proptech Founders to Collaborate on What's Next Once proptech founders identify a core problem and build a product/service to solve it, a range of accelerators and scale-up programs exist. Yet, experienced proptech founders evaluating their next startup idea/concept is a segment with no structured support. GEM is uniquely able to serve these individuals, given the
Paid-members only Weekly Radar Weekly Radar #348: Life In Flow For $2.5B, Compass vs The World, Scoring Proptech's Consumer Brands, Proptech Index Increased 5.12% In this Weekly Radar, we cover: * Flow raised funding at a $2.5 billion valuation with participation from a16z and plans to eventually go public, but concerns persist that branded apartments may struggle to deliver true community at scale. * Zillow, Redfin, NextHome, and West USA Realty are aligning around banning
Paid-members only Weekly Radar Weekly Radar #347: The 95% Low Code Reality, Boosting Techstars, Zirconium: Gem's First Peer Circle, Proptech Index Up 1.08% In this Weekly Radar, we cover: * Garry Tan from Y Combinator highlights how a quarter of the Winter 2025 startups are building with 95% LLM-generated code, signaling a future where AI replaces much of junior engineering and makes distribution the primary startup challenge. * TechStars has increased its investment offer to
Paid-members only Weekly Radar Weekly Radar #346: Strengthening The Fortress, Grab Your Popcorn For The Costar-Zillow Showdown, Proptech Index Down 0.01% In this Weekly Radar, we cover: * Zillow blocking exclusives to boost listing exposure with eXp in support is a massive flex of its traffic dominance--and the right thing to do for consumers. * CoStar attacks Zillow’s policy as anti-agent, pushing Homes.com as a fairer alternative, but Zillow’s unmatched
Paid-members only Weekly Transmission Forget Everything You Know About Home Search—AI Already Has (Transmission #319) AI will serve as a catalyst to home search iteration, not a fundamentally new value proposition. The ListAssist acquisition by Inside Real Estate is further validation. It is interesting that Howard Hanna, an owner and board member of MoxiWorks, is ListAssist’s largest client. I suspect ListAssist’s Howard Hanna
Paid-members only Weekly Radar Weekly Radar #344: Hatching a Legislative Proptech Success, The 21-5 Model, Proptech Index Down 2.68%, The Straw That Breaks The Camels Back In this Weekly Radar, we cover: * Realogics Sotheby’s International Realty and Realtie see House Bill 1110 as a marketing and product validation opportunity, though skepticism remains about whether Realtie is a true proptech or a brokerage marketing program—especially compared to peers like CityBldr and Prophetic. * Investor David Cummings
Paid-members only Weekly Radar Weekly Radar #343: Unpacking The Rocket & Redfin, Largest Institution SFR Buyers, My Journey Through The Uncanny Valley With Sesame’s Conversational Voice, Proptech Index increased 1.51% In this Weekly Radar, we cover: * PadSplit Founder and CEO, Atticus LeBlanc, argues that cities should incentivize homeowners with cash to rent out spare bedrooms to address affordable housing needs more efficiently than new construction. * SFR Analytics identifies the top institutional single-family home buyers of 2024, highlighting a mix of
Paid-members only Weekly Transmission Imagine an MLS without Agents Actually Seeing the Software (Transmission #319) The MLS has always functioned like a giant filing cabinet—you have to login, sift through everything, and manually find information using queries. Facilitating that with software, the core MLS software space has remained largely unchanged for decades. CoreLogic’s Matrix, FBS’ Flexmls, ICE’s (formerly BlackKnight) Paragon MLS, and
Paid-members only Proptech Earnings Radar Featured Proptech Earnings Radar Pt. 2 - Q4 2024 (Series V, Part VII) Q4 2024 results are in for many of proptech’s public companies...
Paid-members only Weekly Radar Weekly Radar #342: Removing Participation From Civic Participation, Rocket Goes All In On Real Estate, Proptech Index decreased 4.73% In this Weekly Radar, we cover: * Hamlet provides AI-driven summaries of municipal meetings to help real estate developers track policy discussions, but its success depends on whether developers value summarized dialogue over direct policy shifts. * Rocket Companies' acquisition of Redfin for $1.75 billion positions it as a dominant
Paid-members only Weekly Radar Weekly Radar #341: AI Learns To Be Useful, Proptech Index Down 0.58%, The Last Compass Straw, KW And Stone Point In this Weekly Radar, we cover: * Productive AI and HouseWhisper streamline real estate CRM workflows via voice automation, avoiding the complexity of physical AI assistants. * Compass faces criticism for blocking Drew Meyers' dissenting opinion means they no longer have a say in the conversation and thus have zero ability
Paid-members only Weekly Transmission Featured Stewing A Financial Juggernaut in a Brokerage Box (Transmission #317) 💡CRYSTAL TRANSMISSION: Thought-provoking long-form articles covering a wide spectrum from innovative shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war to the implications of floating cities seen from beaches far and wide. Curious? Additional examples. Proptech's Leader has Been Crashing Our
Paid-members only Proptech Earnings Radar Featured Proptech Earnings Radar Pt. 1 - Q4 2024 (Series V, Part VII) Q4 2024 results are in for many of proptech’s public companies...
Paid-members only Weekly Radar Weekly Radar #340: Inching Toward A Beautiful Prefab Mundanity, Proptech Index Down .98%, Forthcoming Decimation Of Saas In this Weekly Radar, we cover: * Prefab housing like West Holden Place’s rapid assembly is approaching mainstream adoption as developers look to mitigate high material costs and investors prepare for tariff-induced price fluctuations. * Greg Isenberg predicts AI will replace SaaS interfaces, making custom software creation nearly free. * The GEM
Paid-members only Weekly Radar Weekly Radar #339: Angel Investor Groups Ecosystem Intelligence, Proptech Index Down 4.40%, A Foreign “Agent-Replacer” Hero In this Weekly Radar, we cover: * PropHero raised $25 million to expand its disruptive, fee-based model that uses AI to help investors find lower-risk properties across multiple countries. * Earnings reports hit for eXp, Compass, and Costar. The summaries will be included in the Earnings Radar once all 10 companies release.
Paid-members only Weekly Radar Weekly Radar #338: Commonality Comes Through, Proptech Index Up 6.65%, Proptech's Super Bowl Moments, Stacking Revenue In this Weekly Radar, we cover: * A research team developed a remote sensing system that identifies building materials using aerial imagery and neural networks, with applications in urban efficiency, real estate investment, and digital twin development. * Oculis Domes, a company focused on unique and sustainable short-term rental accommodations, is expanding
Paid-members only Weekly Transmission Featured Electrifying the Mobile Life (Transmission #316) 💡CRYSTAL TRANSMISSION: Thought-provoking long-form articles covering a wide spectrum from innovative shipping container co-living spaces to the battle for listing acquisition in the first iBuyer world war to the implications of floating cities seen from beaches far and wide. Curious? Additional examples. Proptech's Leader has Been Crashing Our