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 mean?
• Being a connector means listening well and making thoughtful, high-value introductions.
• The GEM Proptech Index increased 6.44% 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.

Latest from Geek Estate Blog:

AI-Powered Image Scoring for Real Estate Underwriting and Investment

[Note from editor: The “Mastermind Showcase” highlights companies and news from GEM Diamond members. Today’s showcase comes as one of our first Peer Circles participants: Foxy AI] Using artificial intelligence and computer vision to convert everyday real estate photos into treasure troves of data, FoxyAI’s…

GeekEstate BlogGeek Estate Team

Helping Lenders Nurture Consumers with Real Estate Solutions

[Note from editor: The “Mastermind Showcase” highlights companies and news from GEM Diamond members. Today’s showcase comes as one of our first Peer Circles participants: NewZip] Newzip provides a centralized platform enabling mortgage lenders to integrate real estate services into their offerings nationwide. Operating under…

GeekEstate BlogGeek Estate Team

Optimize Property Investments with In-Depth Analytics

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase comes as one of our first Peer Circles participants: Locate Alpha] Locate Alpha, developed by Spatial Laser, leverages analytics to assist investors in identifying prime locations for purchasing…

GeekEstate BlogGeek Estate Team

Transform Inspection Reports into Quick Repair Offers

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase comes as one of our first Peer Circles participants: TheQwikFix] TheQwikFix simplifies the process of obtaining repair quotes from licensed contractors, particularly during real estate transactions. The platform…

GeekEstate BlogGeek Estate Team

Transmission Recap:

Last week, we brought you GEM's latest Biz Intel: Proptech Earnings Radar for Q1 2025. Previously, Drew Meyers explored Airbnb tightening up its off-platform bookings and payments rules and ponders the future of the STR portal category.

BIZ INTEL

PROPTECH INDEX WEEKLY
By: Community Relations

Consisting of 27 stocks, the GEM Proptech Index had a combined market cap of $245.737B, an increase of 6.44% from the previous week.

PROPTECH EARNINGS RADAR - Q1 2025 (SERIES V, PART VIII)
By: Community Relations

Q1 results are in for many of proptech’s public companies.

Below are the earnings summaries and links to the full articles for each of the the ten companies we deem as the most important players in the broader category (Rocket was subbed for Redfin this quarter, and will remain going forward). Beyond that is the wrap-up that includes a table covering the performance of the 27 companies in the GEM Proptech Index.

REAL ESTATE

THE CURVE OF AGENT PRODUCTIVITY
By: Drew Meyers

If you're looking to better understand the bell curve of agent production and productivity, Mike DelPrete published analysis showing the top 20% agents do 65% of the business. Further, the top 1% do 18% of deals. The data was from Cotality.