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How much real estate investment experience is there on your team, then?
by alex_g 7y ago
How much real estate investment experience is there on your team, then?
- loftyai 7y agoMost of the real estate experience comes from our advisors. One is a prominent consultant for cities on economic development using real estate. Another started Clarion Parters, which is a massive real estate investment fund. One of our early customers, Midwood, which also a large real estate investment, actually invested in us as well and joined the advisory board. We don't pretend that we know more than others about real estate, because we are still mainly a tech company. Our expertise is in finding properties, using data, that can perform well, which has been the case both in back-testing as well as walk forward predictions. This is why we don't handle the transaction process for our customers. Instead, we rely on partners that have more experience in these areas than we do. To further ease people's mind, we offer the downside protection. So, if we mess up, we pay the price, not our customers.