Ali Ata on How Startups Can Disrupt The Real Estate Industry
Ali Ata has found that these two startups had been hot topics in the recent Disrupt NY event, both of which have the potential to change the game for real estate nationwide. In an industry that is currently utilizing data analytics, virtual tours, and other tech developments to keep up with the changing times, these two startups may have more innovations for the industry to learn about.
Cadre
Cadre is a marketplace for
private individuals who want to invest in real estate. Real estate investment
has seen a boom as the cost of entry remains low, and being able to invest in a
large property as a group brings great returns for lesser risk. From what Ali
Ata understands, Cadre is primed to be the hotbed of real estate investing, as
it does all the sourcing and due diligence, and management of the investments.
All potential investors would have to do is watch their investment grow.
Point
Point acts as a home equity
platform. The purpose is to empower homeowners to improve their real estate
value through selling their equity to investors. This way, they won’t have to go into debt to refinance
their homes. Ultimately, Point allows people to raise a stake in their own
homes, allowing them to pay bills and costs of improvement. And at the same
time, they can also get a stake in other desirable properties.
Ali Ata feels that one of
the best parts of seeing these disruptors, among the many others that have
slowly been gaining ground in the real estate industry, is being innovative in
ways that change how the market works.
It’s
not just about realtors and clients anymore—private individuals and homeowners
are becoming more empowered and learning more about the market possibilities,
which allows the market to grow into something better.
Comments
Post a Comment