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Tech Nest: The Proptech Podcast

Latest episodes

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Oct 3, 2023 • 49min

Second Homes & Vacation Rentals Converge with Paul Kromidas, Founder and CEO of Summer

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--Owning a summer home is a dream for many Americans. The annual costs of keeping a summer home, however, remains a significant hurdle for most. You could try to make your second home a vacation rental to subsidize the costs or even get a return on your investment, but that's a lot of work most are equipped to handle.Paul Kromidas, CEO and Founder of Summer joins Tech Nest to discuss these topics and more. Summer is working to create a better path to ownership of vacation homes. Homes that owners can use when they want, and rent out the rest of the year. One unique concept Summer is bringing to market is a gradual ownership model—a totally unique offering in the vacation or second homes market.Vacation rentals have been all the hubbub this year. Listen in to Paul as he'll shed light on where the industry is and where it has room to grow.More about Paul and SummerSummer is on a mission to open access to vacation homes by eliminating the headache and risk associated with buying. The company was founded in New York by Paul Kromidas and launched in 2022. To date, Summer has raised more than $30M in equity funding from investors including: QED, Viola Group, Lightspeed Venture Partners, 1Sharpe Ventures, as well as a number of strategic and angel investors. As CEO and Founder of Summer, Paul Kromidas is a mission-driven entrepreneur pioneering an innovative approach to vacation home ownership. Bringing over a decade of experience in accelerating growth and scaling teams across the technology, real estate, finance and strategy sectors, Kromidas has a proven track record with industry leaders such as Airbnb, Deloitte, Alfred and Moody’s. With extensive experience in leadership at venture-backed businesses in the housing and hospitality industries, Kromidas founded and continues to build Summer with the mission to help American families achieve their long-term goals. Follow Paul on TwitterConnect with Paul on LinkedInFollow Summer on TwitterCheck out Summer
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Sep 26, 2023 • 39min

Co-buying Residential Real Estate with Joe Hoppis, CEO at Pairadime

Joe Hoppis, CEO of Pairadime, discusses the rise of co-buying residential real estate and how Pairadime is simplifying this process. He shares insights on the benefits of co-ownership, challenges faced by real estate agents, and the potential impact on affordability. Joe's passion for real estate and desire to address housing affordability shines through in this engaging conversation.
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Sep 25, 2023 • 8min

Tech Transformation in Appraisals and Other Proptech Trends with Kenon Chen, EVP at Clear Capital

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--Kenon Chen, EVP at Clear Capital joins Tech Nest for a quick discussion while at Blueprint. Kenon shares some of his thoughts on interesting and exciting tech transformation that's happening throughout real estate, including the appraisals industry.Aside from his day job, Kenon is a podcast host as well. He co-hosts ClearCast, the podcast by Clear Capital alongside Jeff Allen of CubiCasa.Clear Capital is a national real estate valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives.Connect with KenonCheck out the ClearCast PodcastCheckout ClearCapital
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Sep 25, 2023 • 6min

Audience Town Overview with Founder and CEO, Ed Carey at Blueprint Conference 2023

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--From the Audience town website, "Keep up with your real estate audience.Understanding your real estate customers is everything for your business. Now you can access insights specific to home movers with consumer profiles, interests, and household information, where other analytics tools fall short. Uncover opportunities and take action in every area of your business."Connect with Ed CareyCheck out Audience Town
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Sep 19, 2023 • 26min

Blueprint Special: New Wave of Enthusiasm in Proptech with Drew Meyers, Founder of Geek Estate

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--This is a special edition episode filmed and recorded live during the Blueprint Conference at the Venetian Casino and Resort in Las Vegas, NV. It's taken over 160 episode for me to lure and trap one of proptech's most respected voices to come on the show (just kidding, but kind of serious). Drew Meyers is today's guest. He was an early Zillow employee, previously a founder of a hospitality / proptech startup, and is currently founder of the industry's most elite community of proptech founders and investors, Geek Estate. In this interview, we discuss a range of topics stemming off the Blueprint event such as exciting new proptechs, and themes surrounding profitability and raising capital. More about Drew and Geek EstateDrew is Founder of Geek Estate. He's an experienced product strategist, writer, and community builder, as well as Entrepreneur in Residence at Second Century Ventures/NAR Reach. Geek Estate is a private community, free from sponsored messages and noise, built for independent creatives, doers, and pioneers. Follow Drew on TwitterConnect with Drew on LinkedInLearn more about Geek Estate Mastermind DiamondLearn more about Geek Estate Mastermind Crystal
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Sep 12, 2023 • 43min

Partner Success by Talking to Customers with Cristine Brown, VP of Partner Success at Rhino

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--Cristine Brown the VP of Partner Success at Rhino, a company that been leading the multifamily industry in creating alternative solutions for the standard security deposits rents must put up to rent an apartment. Cristine shares a lot about the products at Rhino, but also their secret to success: talking to their customers. You'll hear multiple examples of how this has lead to new product insights and understanding who is influencing purchase decisions. Without talking to customers, startups run the risk of pursuing the wrong solutions or attempting to force demand where there is none. Listen in to hear from Cristine on this and more. More about Cristine and RhinoRhino pioneered security deposit insurance to help making renting more affordable by removing the barrier of an upfront cash deposit. The company also offers deposit management services for property owners as well as renter's insurance and credit-building services to renters. Rhino works with a partner network that covers 6 million rental units across the country.After more than a decade in banking, Cristine Brown joined the proptech industry to help create opportunities for renters and property owners. As Rhino's Vice President of Partner Success, Cristine focuses on reducing leasing teams' administrative burdens and strengthening their competitive advantage while helping renters keep more cash in their pockets and improving renting choices.Connect with Cristine on LinkedInFollow Rhino on TwitterCheck out Rhino
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Sep 5, 2023 • 47min

Leveraging Data to Build Large Self-Storage Portfolios with Cory Sylvester, Co-founder of Radius Plus and DXD Captial

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--Despite my personal affection for self-storage, we've gone 165 episodes of Tech Nest without having someone on discuss the topic. Cory Sylvester, Co-founder of the popular self-storage data platform Radius Plus and Co-founder of DXD Capital is here to break the drought. We delve in to storage specific topics, such as leveraging data to build a self-storage portfolio (which is what he's doing at DXD Capital), but we go further. Right out the bat we discuss Cory's approach to building a tech company by bootstrapping and compare that to building a real estate company via raising funds. I get Cory to compare and contrast the two strategies and what he shared could be very helpful perspective for other founders out there to hear. More about Cory, Radius Plus, and DXD Capital.Radius is a comprehensive site selection and location intelligence platform for self storage. Developers, owners, operators, investors and lenders make use of Radius daily for up-to-date pricing, demographics, supply and pipeline information, and drive-time analysis. We've recently expanded our offering to bring news, educational resources and special features. Make Radius part of your next self storage opportunity.DXD Capital seamlessly integrates data technology to generate outsized returns on behalf of limited partners invested in their self-storage funds. Cory operates several companies in the self-storage space, a location intelligence company, a development and acquisition company, and a property management software company. Check out Radius PlusCheck out DXD Captial
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Aug 29, 2023 • 35min

Sharing Commercial Real Estate Data with David Kaiserman, CEO of Backpack

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--What if sharing commercial real estate data could be more valuable than holding it all to yourself? This could be things like how the building was constructed, energy usable, roof condition, and more. Think CARFAX, but for commercial real estate. That's what David Kaiserman, CEO of the proptech company Backpack, is discussing on this episode of Tech Nest. David makes a compelling argument as to why data is better for everyone when shared, including reducing costs moving forward. Listen in to what he's got to say on this topic and more. More about David and BackpackBackpack Group is a full-service open building data platform for the $16 trillion built environment. This new platform answers the growing call for affordable and accurate asset-level operating data from owner/operators, regulators, lenders, insurers, investors and equipment manufacturers.Backpack is the first company to affordably make the individualized data of a building and how it operates available in one unified, cloud-based system of record. Unlike current market solutions, which often rely on this data as a means of propriety, Backpack empowers building owners to share data simply and efficiently with parties of their choosing. The result is both significantly simpler and less expensive than the current use of internal and third-party resources. It also lays the path to access for current and future benefits made possible by this data.aiserConnect with David on LinkedInCheck out Backpack
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Aug 22, 2023 • 53min

Increasing Revenue and Response Times for Property Managers with Ethan Lieber, CEO of Latchel

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--Ethan Lieber is the Co-founder and CEO of Latchel, a proptech based in Seattle that is working to improve property management companies' response times, as well as helping property managers achieve incremental revenue through resident benefits. Often times property management companies find themselves having to choose between delivering great service to residents or protecting margins of their business. Ethan breaks all this down, and how Latchel is building a solution. We cover a range of topics in this interview including what are resident benefits packages, resident NPS, challenges with smart home devices as a property manager, benefits of going through Y-Combinator as a startup, and more. Listen in to hear what Ethan has to say. More about Ethan and Latchel:Ethan is a seasoned entrepreneur who started and sold an e-commerce startup while working full-time at One Planet Ops, running Product for contractors.com - before co-founding Latchel in 2017.Latchel is a tech-forward property management business that was accepted into the Y Combinator program in 2019 (with alumni companies such as Airbnb, Dropbox, Doordash and Stripe). We completed our Series A funding (led by F-Prime) in 2021.Renters today expect better service, more perks, and faster maintenance than most property managers can afford to provide.Latchel is a software platform that enables property managers to be more responsive and offer better perks while also creating a new revenue stream so they don't have to choose between happy tenants and a healthy bottom line.Connect with Ethan on LinkedInFollow Latchel on LinkedInCheck out Latchel
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Aug 17, 2023 • 21min

Proptech Startups on the 2023 INC 5000 List

Subscribe to Tech Nest: the Proptech Newsletter for weekly updates: https://www.technest.io/tech-nest-the-proptech-newsletter--Inc Magazine just published their annual list of the fastest growing, private companies in the US. Proptech had a great showing out on the list this year. The list below (which I discuss in this episode) isn't likely the exhaustive, entirety of all proptech companies on the list. However, this should satisfy giving you an idea of the types of companies working at the intersection of real estate and technology, that made the 2023 list of fastest growing private companies.The Inc 5000 ranks private companies, based on the self-reported percentage of growth over the last three years. Each company in this cohort had to have generated a minimum of $100,000 in gross revenue for 2019 and a minimum of $2,000,000 for 2022.See the full Inc 5000 list for 2023 here.Lula #125Rental property maintenance solutions powered by a network of vetted contractors.https://lula.life$4.2M raised according to Crunchbase3,871% growthTransactly #126Transactly provides technology and tech-enabled services to coordinate real estate transactions across US and Canada.https://transactly.com$11.5M raised according to Crunchbase3,852% growthChunker #319ON-DEMAND SUPPLY CHAIN SOLUTIONS Short-term Warehouses, Pop-up 3PL Services, and Transportationhttps://chunker.com $$ raised unknown1,481% growthChunker on Tech Nest: https://technest.io/2022/01/how-industrial-warehousing-is-innovatingLiveEasy #487(Previously known as MoveEasy) A surprisingly simple moving and living experience.https://www.liveeasy.com $13M raised according to Crunchbase1,204% growthBOSSCAT #497(Previously known as PunchListUSA) Complete any home improvement effortlessly with Bosscat’s streamlined repair, renovation, and maintenance solutions.https://bosscathome.com$48.7M raised according to Crunchbase1,175% growthPadSplit #510The nation’s largest co-living marketplace. Innovative. Affordable. ➡️ Unlock revenue. Positively impact your community.https://www.padsplit.com$35.2M raised according to Crunchbase1,152% growthRebuilt #533Buy. Sell. Invest. Grow your investment portfolio with off-market properties.https://www.rebuilt.com $17.2M raised according to Tracxn1,096% growthStackSource #777Simplifying commercial real estate financing.https://www.stacksource.com $3.3M raised according to Crunchbase (this does not include debt facilities raised for issuing loans)758% growthPoplar Homes #865A tech-enabled property management company providing streamlined renting process for owners and renters to live easy.https://www.poplarhomes.com $131.9M raised according to Crunchbase683% growthPoplar Homes on Tech Nest: https://technest.io/2022/08/venture-backed-property-management-with-chuck-hattemer-co-founder-and-cmo-of-poplar-homsSnaplistings #902Full-funnel real estate marketing agency utilizing data science and cutting edge strategies from impression to close.https://hello.snaplistings.com $$ raised unknown650% growthOrchard #984Our mission is to make home buying stress-free, fair, and simple. With Orchard, your home sale never holds you back.https://orchard.com$472M raised according to Crunchbase602% growthRentSpree #992Our vision is to create a world where people, rentals, and homes are easily connected.https://www.rentspree.com $27.7M raised according to Crunchbase598% growthRentSpree on Tech Nest: https://technest.io/2022/07/modern-rental-management-tools-for-real-estate-agents-and-investors-with-michael-lucarelli-ceo-of-rentspreeRoofstock #1375Invest where you want, no matter where you call home. https://www.roofstock.com $365.3M raised according to Crunchbase425% growthRoofstock OnChain on Tech Nest: https://technest.io/2022/12/instant-real-estate-transactions-on-blockchain-with-sanjay-raghavan-and-geoff-thompson-of-roofstock-onchainCurbio #1467We provide real estate agents and their clients easy, hassle-free renovations that get listings sold faster—for more.https://curbio.com$126M raised according to Crunchbase393% growthCurbio on Tech Nest: https://technest.io/2021/10/s7e75-interview-with-rikki-rogers-vp-of-marketing-at-curbioEvernest #1646Your full-service real estate partner.https://www.evernest.co $$ raised unknown341% growthValcre® #2009More appraisals, in less time, with less work.https://www.valcre.com$12.7M raised according to Crunchbase279% growthRentDynamics #2024(Acquired by Entrata)Multif...

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