Paid-members only Proptech Earnings Radar Featured Proptech Earnings Radar- Q3 2023 Third quarter results are in for proptech’s public companies. We’re back at it, with high-level summaries of the ten companies we deem as the most important players in the broader category, and a table view covering the top twenty companies. On the residential side, Q3 saw the bombshell
Paid-members only Weekly Radar Weekly Radar #273- Steel'n Green, Alternative Concrete Goes Mainstream, and Emptying the We Bank This week's Radar Snapshot: * As efficiency regulations tighten, green steel is one decarbonization tool that doesn't rely on offsets. The US Inflation Reduction Act will hopefully spur domestic innovation. * Alternative concrete companies are getting an increasing amount of national attention. We explore a few of the
Paid-members only Weekly Radar Weekly Radar #272 - Dropping The Ax, Following Up On The Mission, and Forging Ahead With 3D Printing RADAR SNAPSHOT * The verdict in the Sitzer/Burnett trial was decided with less than three hours of deliberation, and additional class-action lawsuits were immediately filed against major brokerages. * Zillow acquired CRM Follow Up Boss for $400 million in initial cash consideration and up to $100 million in a potential cash
Paid-members only Weekly Radar Weekly Radar #271 - Redfin Breaks Stride, iBuying Everywhere, and Real Estate's Bluetooth Moment Weekly Radar Snapshot: * Redfin's new Redfin Max looks to supplement their salaried approach with more traditional commission splits. * Offerpad partners with Anywhere to connect out-of-market iBuyer leads with agents. * MRI Software announced their adoption of the OSCRE commercial real estate data standard, as an increasing number of companies
Paid-members only Weekly Radar Weekly Radar #270- Longing for Charity, Governmental Smart Tech Breeding Ground, and HUD Backs More ADUs Weekly Radar Snapshot * An agent in Fargo, NorthDakota, hosted a 63-hour long open house raising $33,000 for the Alzheimer's Association. * The NYC Smart City Testbed Program will select eight new technologies annually, pioneering proptech development through collaborations with city agencies. * This week, the FHA broadened access to
Paid-members only Weekly Transmission Real Estate by Pieces: Is the Sky Falling or Just Splintering? (Transmission #269) By: Sam Westelman Commission pressure is here. In the wake of Realogy/Anywhere ($83.5 million) and RE/MAX ($55 million) settling with the plaintiffs in the Burnett and Moehrl lawsuits, it’s clear a thing or two will change. Part of those settlements stipulate that agents are no longer
Paid-members only Weekly Radar Weekly Radar #269 - Founders Gotta Borrow Too, Preventing Homelessness with AI, and Battening the Sustainability Hatches Here are the headlines covered for this week: * Meow released a white glove service for founders to access mortgages. * A pilot program in Los Angeles is leveraging AI to prevent people from slipping into homelessness, and has helped 560 people with an 87% success rate in two years. * 830 LEED
Paid-members only Weekly Radar Weekly Radar # 268 - Follow the Governmental Leader, Equity Boom, a Brokerage Merger, and Safety for Vacation Rentals Here's what's covered in this week's edition of real estate tech and Built World signal: * The General Services Administration is looking to spend $3.8 billion on innovation focused on reducing carbon emissions. * New Zillow research indicates that the value of the US housing
Weekly Transmission Achieving Creative Product Nirvana (Transmission #267) As always, links surrounded by the ❇️ emoji indicate exclusive GEM Diamond content. If you would like to have access to all links, please consider GEM Diamond membership. My goal with every GEM article, whether that be a Radar entry or a full-fledged Transmission, is to prompt deep thinking. To delve
Paid-members only Weekly Radar Weekly Radar #267 - Shining up the Marketing Stack, Mapping Energy Efficiency, and Rearranging the Spine Weekly Snapshot: * Compass released the MVP of "CompassAI" to help produce content for agents. * Kestrix, a startup working on building heat loss detection software announced a $500k pre-seed round. * Large tech companies (think FAANG) are pledging millions to tackle the affordable housing crisis in the cities home to
Paid-members only Weekly Radar Weekly Radar #266 - Biodiversity Steams Ahead, Homes in 33, and Dropping in the Last Mile This Week's Radar Snapshot: * A UN task force is looking to bring transparency to biodiversity reporting and startups are looking to capitalize on the opportunity . * How pre-fab company Cover is able to build a home in 33 days. * Autonomous delivery network, Arrive, just filled a patent for a
Paid-members only Weekly Transmission Short Curious. We’ve Got You (Newsletter #266) Editor's Corner: Links surrounded by the ❇️ emoji indicate exclusive GEM Diamond content. If you would like to have access to all links, please consider GEM Diamond membership. Short-, mid-, and long-term are morphing into one. ❇️ Zumper made the jump last year❇️, and I asked “how long until Zillow
Paid-members only Weekly Radar Weekly Radar #265 - Cash, the Future of Vouchers and the Product or Partner Future for 3D This Week's Radar Snapshot: * Housing Choice Vouchers are being replaced with Cash under a new HUD pilot program * How a recent funding round for Mighty Buildings indicates that 3D home printing can mean much more for developers Editor's Corner: By: Drew Meyers Blueprint has come and
Paid-members only Weekly Radar Weekly Radar #264 - The Wild West of ESG Ratings, $3B In Climate Damage in the Middle of the Pacific, & Repurposing a Decommissioned Oil Rig THIS WEEK'S RADAR COVERS: * Possible solutions to the ambiguity of ESG ratings. * An update on the expected damage caused by the wildfires in Maui. * How a scuba resort in Malaysia emerged from an oil rig. EDITOR'S CORNER: Blueprint is this week, and we're looking
Paid-members only Weekly Transmission Proptech Highlight: A Blanket Solution for a Nuanced Problem (Newsletter #265) EDITOR'S CORNER: In this Transmission, we explore how Blanket's property management dashboard is being leveraged to build an off-market brokerage platform for property managers to help retain their doors under management. Trust me, it makes more sense as we get into it. -DM Keep your doors
Geek Estate Updates A Crystal is Born From the GEM I started objectively covering the real estate industry back in 2007 via the Geek Estate Blog with a goal to keep tech savvy agents, brokers, and executives on the cutting edge of real estate technology and marketing. The term proptech didn't exist back then. Fast forward ten years,
Paid-members only Weekly Radar Weekly Radar #263 - A Trickle to a Stream of Sustainability Data Thanks to Google, Beds at the Ballpark, and The Gen 1 & Gen 2 Future EDITOR'S CORNER: We hope you all had a great Labor Day Weekend. With Summer winding down, we're looking forward to the Fall push before the industry winds down for the holiday season. Are you attending Blueprint next week? The Geek Estate Team is, and we'
Paid-members only Weekly Transmission An Unlikely Pinch Hitter Knocks a Homerun (Newsletter #264) We’re going on four weeks since the ransomware attack on Rapattoni Corporation led to the “paraly[sis of] servers hosting multiple listing services with hundreds of thousands of members.” Rapattoni’s Association Management System and its IdP were also brought to their knees. A week later, the situation had
Paid-members only Weekly Radar Weekly Radar #262 - ESG Sticks and Sustainability Stones & The Frustration of Inequitable Insurance EDITOR'S CORNER: Conference season is just around the corner. We're at iOi in Miami Beach this week, with Blueprint and CREtech just around the corner. If you see us around, we'd love to talk with you! -DM CLIMATE ESG STICKS AND SUSTAINABILITY STONES By:
Paid-members only Weekly Radar Weekly Radar #261 - Utter Value Decimation, Inserting the Consumer, Revitalizing the Smart City Bus... EDITOR'S CORNER This past week, due to the onslaught of AI startups promising efficiencies never before seen, I decided to modernize the merits of friction essay originally published five years ago. It's a bit of a narrative violation, but think you'll like it. Prior
Paid-members only Weekly Transmission Don’t Discount the Merits of a Friction-full Transaction (Newsletter #263) Friction is good, not bad. At least in a residential real estate context. I know, I know … not many entrepreneurs believe that. But home is where family and community are built. It provides residents with a sanctuary, and a form of wealth creation while they seek prosperity and success. This
Paid-members only Proptech Earnings Radar Featured Proptech Earnings Radar - Q2 2023 Second quarter results are in for proptech’s public companies. Our last summary of results was Q2 2021. As part of launching our Crystal tier, we’re bringing the earnings radar back. This time, better than ever as an ongoing Biz Intel Series. We’re re-starting with the ten companies
Paid-members only Weekly Radar Weekly Radar #260 - Wear Green To Your Next Job Interview & Walking to a Friendly Face EDITOR'S CORNER We have big news: We’re switching to a new platform (Ghost) to make the GEM Crystal better than ever! To view this week’s radar, you can go ahead and view it at the link below (you'll have to login w/ your email
Paid-members only Weekly Radar Weekly Radar #259- Carbon Concrete, Touch of Green, Another VC STR in the Closet... EDITOR'S CORNER In a deviation from our normal residential and commercial tech, Stephen Del Percio deep dives on agriculture tech, exploring the impact of vertical farming. In this week's Radar, we cover the power of insurtech/proptech companies to respond to climate change, manufactured concrete, plants