Real Estate + TechProductHuntTO

Brandon G. Donnelly@donnelly_b brandondonnelly.comNovember 26, 2015

My story

Startup Weekend #1: Dirt (thedirt.co)

Startup Weekend #2: Crowdsourced valuations

Why we failed / challenges

Opportunities (real estate lifecycle)

BSc Computer ScienceDropped Out

BA ArchitectureUniversity of Toronto

Masters in Architecture & Real Estate DevelopmentUniversity of Pennsylvania

Real Estate DevelopmentMorguard InvestmentsOffice, Retail & Rental

Apartments

MBARotman School

Innovation & Entrepreneurship

Startup Weekend #1Dirt

Quit Job

Daily BlogArchitect This City

Real Estate DevelopmentTAS

Condos

Startup Weekend #2Crowdsourced Home

Valuations

Real Estate DevelopmentCAPREIT

Rental Apartments

Design

Real Estate

Technology

Focus

“One of NYC's great strengths is the diversity of its economy – finance, real estate, media & entertainment,

retail, fashion, health care, education, and now tech. And the reason tech is growing so fast in NYC is that it

is embedding itself in all of these other industries.”

-Fred Wilson, Union Square Ventures

Only so many people who know about and can

review a building.

Not unlocking enough valuable data. (like status

certificates)

Owners have a vested interest to only provide

positive reviews.

Real estate agents only provided fluff pieces to

generate business.

Why We Failed

Very difficult to get homeowners to engage when they’re not

yet ready to sell. Problem wasn’t immediate and big enough.

We had to take photos of people’s homes otherwise we

didn’t get any. Higher barriers to entry for supply-side.

“Free market evaluation” is a common tactic used by agents

to acquire customers. Hard to break through noise.

Why We Failed

High cost Low frequency Strong barriers Supply aggregation Unique transactions

Challenges

Opportunities / Real Estate Lifecycle

Land Sales Land Use Policy Market Research

flux.ioMapYourProperty

PiinPoint

Opportunities

Design / Coordination

Project Financing Community Engagement

PlaceSpeakProjexity

flux.io (US) FundRise (US)ShareStreet

Opportunities

Initial Sales/Leasing Construction Initial Occupancy(Pre-Delivery Inspections)

Invent DevFloored (US)

BuzzBuzzHome

HonestBuildings (US)H+ME Technology

Bazinga

Opportunities

Community / Management / Operations

Resale Market / Ongoing Leasing

Data & Analytics

EvercondoNextDoor (US)

Bazinga MappedIn

Opendoor (US)Open Listings (US)

CasalovaEpigraph (Blockchain)

HomeUnion (US)

CompStak (Commercial)

Opportunities

Dramatically reduce transaction costs and friction. Peer-

to-peer marketplaces + blockchain.

Improve transparency and access to information.

Opportunities to leverage the crowd.

Democratize real estate via community engagement and

crowdfunding. Next iteration of REITs in a way.

Optimize design and production methods to improve

efficiencies and drive down costs.

Summary of Opportunities

Thank you :)

@donnelly_b

brandondonnelly.com

b@brandondonnelly.com