Weekly Radar #393: Proptech Earnings Q4 2025 summaries, coming soon dominos, Proptech Index up 0.25%

Weekly Radar #393: Proptech Earnings Q4 2025 summaries, coming soon dominos, Proptech Index up 0.25%

On the wins side — the GEM Innovator Dinner in DC was a full house. Hosted by Drew Meyers, members and guests in the residential building space came together during the National Housing Supply Summit, and the energy around cross-collaboration was exactly what we love to see.

Those that attended the Town Hall in January might remember we teased a new event type. It's happening. The first GEM Symposium is April 16 in Seattle, featuring a fireside chat with industry legend Ben Kinney. It's a high-impact, half-day intensive designed for 25 PropTech founders who are done with surface-level conversation. This is not a passive experience — it's a peer-level working session where the real obstacles on your path get named, challenged, and dismantled. Reach out to community at geekestate dot com if interested in a spot in the room.

We announced a new AmbassadorBen Wright, for the Denver/Boulder market –we feel so lucky to have his experience and leadership in a formal capacity for GEM.

-Jesse Wright

NEW GEM MEMBERS

UPCOMING GEM EVENTS

  • Seattle: Proptech Happy Hour (March 24th)
  • Seattle: Private Residence Dinner (April 1st)
  • Dallas: Innovators Roundtable Dinner (April 9th)
  • Seattle: GEM Symposium with Ben Kinney (April 16th)

Interested in learning about future dinner opportunities? Sign up for GEM Primer.


In this Weekly Radar, we cover:

  • Claude confirms directly that AI privacy concerns are very real.
  • After the Compass-Rocket domino, the rest of the pre-market/coming soon/pocket listings landscape shaped up in quick order.
  • The GEM Proptech Index increased 0.25% from the previous week.

Latest from Geek Estate Blog:

Rental Fee Transparency and the Software Test for Property Managers
The compliance clock is ticking for property managers. What once started as a best practice in rental listings is rapidly becoming a regulatory expectation that demands real action. Fee disclosures that were previously buried in fine print, PDFs, or buried conversations during the leasing process…
Unlocking Donor-Advised Funds to Address the Homeownership Crisis
For the first time in modern history, an entire generation faces the prospect of being permanently priced out of homeownership, with long-term consequences for wealth accumulation, community stability, and economic mobility. At the same time, the philanthropic landscape has quietly changed. Donor-advised funds have accumulated…

As always, links surrounded by the ❇️ emoji indicate exclusive GEM content. If you would like to have access to all links or attend our curated gatherings, please consider GEM membership.


Transmission Recap:
This week, we brought you Part 1 of the Proptech Earnings Radar. Before that, Joe Dahleen explored the ❇️integrated end to end real estate platform that companies all seem to be working towards, with smaller companies now making a go of the strategy of giants❇️.


BIZ INTEL

PROPTECH INDEX WEEKLY - AS OF 3/20/2026
By: Community Relations

Consisting of 25 stocks, the GEM Proptech Index had a combined market cap of $224.069B, an increase of 0.25% from the previous week.

QUARTERLY EARNINGS SUMMARIES
Read full summaries for all ten companies, in Part 1 of the Proptech Earnings Radar Q4 2025.


GEM MEMBER NEWS


ARTIFICIAL INTELLIGENCE

AI PRIVACY CONCERNS ARE REAL
By: Drew Meyers

Privacy is my biggest barrier to AI adoption, by far. In my "what does it mean to be human in an AI world" Youtube rabbit hole this morning, I found a 10-minute Bernie Sanders versus Claude video. The topic Sanders asks Claude about: privacy as it relates to adoption and use of AI.

This isn't political. This is Claude, an AI bot, directly telling us that the massive array of privacy concerns that I (and millions of others) have with AI are very, very real.

REAL ESTATE

COMING SOON TO A PORTAL NEAR YOU
By: Drew Meyers

After the Compass-Rocket domino, the rest of the pre-market/coming soon/pocket listings landscape shaped up in quick order. Zillow introduced its new program to bring pre-market listings to the the largest audience of home buyers in the United States, Zillow PreviewHoward Hanna announced it's own private network, HannaList, powered by Ocusell. eXp is syndicating its inventory to Homes.com, Realtor.com, and ComeHome, but in a non-exclusive capacity and offering any portal the same terms. Oh, and Compass dropped their lawsuit against Zillow.

Where will we end up? Since maximizing seller's net requires the largest possible reach, coming soon listings will be on every portal, far and wide. Compass will only share listings with portals that give them exclusivity. The very large independents will make a go of it, but eventually reach agreements with Zillow.

Now, shall we we talk about something else? Please.