Weekly Radar #301: The State of the the Insurance Crisis, Red Rentals, Renting in Chunks

Weekly Radar #301: The State of the the Insurance Crisis, Red Rentals, Renting in Chunks
Image created by: Midjourney Prompt: flat design, apartments and dollar bills

In this week's Weekly Radar, we cover:

  • With climate change driving up insurance costs homeowners and renters, especially those who are "house poor," are at risk.
  • Keyper, a UAE rent payment startup, joins a competitive market with U.S. players like Bilt Rewards and Piñata after raising $4 million to allow monthly installments for annual leases.
  • Redfin now offers free rental listings for small landlords, competing with Realtor.com and targeting the hard-to-reach landlord segment, potentially leading to acquisitions of similar platforms like TurboTenant and TenantCloud.
  • The GEM Proptech Index had a combined market cap of $234.223B, a 2.03% decrease from the previous week.

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.

Geek Estate Blog Recap:

Unlocking Home Equity with No Monthly Payments
[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase: Unlock] Through its Home Equity Agreement (HEA), Unlock allows clients to access their home equity without monthly payments or having to refinance. Homeowners can access between $30,000-$500,000 as…
Meet the 2024 Ivory Prize Winners
An applied academic institution at the University of Utah’s David Eccles School of Business, Ivory Innovations is dedicated to supporting innovative solutions in housing affordability. They recently announced the final Winners for the 2024 Ivory Prize for Housing Affordability. These winners will join the 122 other…
Proptech Job Opportunity: Entrepreneur In Residence at Proptech Consulting
We have a job opportunity to share from a member of GEM Diamond, Proptech Consulting, a strategic growth advisory and digital twin concierge service for the real estate tech industry. Position Overview: As an Entrepreneur In Residence (EIR), you will play a pivotal role in…
2024 REACH LATAM Cohort Announced
Geek Estate is about celebrating entrepreneurship, focused on real estate tech (residential and commercial). The REACH program, backed by the National Association of Realtors and Second Century Ventures, is a big part of the broader ecosystem. This week, the REACH LATAM program announced announced their…
Proptech Job Opportunity: Investment Associate at JLL spark
We have a job opportunity to share from a member of GEM Diamond, JLL Spark, a strategic proptech investment division of JLLT. Role Overview: The Investment team identifies and invests in high-potential early stage PropTech startups using a network of entrepreneurs, venture investors, and other…
Seattle Proptech Co-Working Day – May 29th
We’re going to bring Seattle’s proptech community together for a co-working day in Pioneer Square at Inspectify’s offices on May 29th. Drop by anytime during the day to work amongst proptech geeks. If the idea of a “WeWork for proptech” appeals to you, by all…

Transmission Recap:
This week, Nate Smoyer details how creating tailored tools & templates can boost organic traffic and lead generation, positioning your products as a natural next step. Last week, Drew Meyers reflected on his visit to the Culdesac apartment complex in Tempe, the poster child of a car-free future, and ponders what role tech will play in bringing the lifestyle to America.