Proptech Espresso

Jeff Allen - Digitizing Residential Real Estate

November 23, 2022 Mark Hurst Season 3 Episode 10
Proptech Espresso
Jeff Allen - Digitizing Residential Real Estate
Show Notes

Which industries rely on real estate data beyond the home transaction itself? Why has almost no one heard of RELS? What are the benefits and downsides of being acquired by a co-owner? Why did the appraisal industry need innovation and what was fundamentally broken with it? How did the modern appraisal project come about at Clear Capital and what were there the challenges the team faced? What was it like partnering with the GSEs (Fannie and Freddie) to transform the home appraisal process? Why are floorplans critical in appraisals and why is this a linchpin in the process? What lessons from prior acquisition experiences did leadership apply to Clear Capital's deal with CubiCasa? Were there unique challenges due to the global pandemic around acquiring a company on another continent? Why has the US not digitized floorplans as much as Europe and Australia? What property data attributes are not common today but are likely future elements?

Jeff Allen - President of CubiCasa joins Proptech Espresso to answer these questions and discuss how the freedom granted to him by his first employer to explore housing data led to spinning out his first company building market reports for the broader MLS community.