My deep passion for PropTech began with my love of Real Estate. Whether it’s a new home for a growing family, or a downsizing for empty nesters, real estate transactions are deeply emotional and often the most expensive purchase of someone’s life. It didn’t take long for me to realize how complicated the business was. There were so many layers of redundancies, and with all of the ancillary services that are part of a closing including mortgage, title, insurance, inspections, and legal, the process creates such a high level of anxiety. Real Estate transactions often take place during times of great sadness such as divorce, death, and business failings, and the last thing that someone needs when going through these difficult times is the burden of a stressful and opaque process. When I purchased my first home, my wife and I had a front row seat to the client’s journey. Selling and buying at the same time was one of the most stressful events of my life. With the amount of money that is generated by the residential real estate industry, it shouldn’t be this way. My passion for PropTech comes from my desire to see the industry I love transition into modern times. All problems have a solution and I believe that the solution to most of real estate’s problems can be solved through technology.
I agree that agents don't need to be eliminated but rather enabled via technology so real estate transactions can be processed more efficiently