The Forces That Will Shape The Future of Real Estate Investing

Global funding in PropTech reached more than USD 4 Billion in 2019, according to Pitchbook. It’s worth considering how technological advancements will shape the future of real estate investing. “The Inevitable: Understanding The 12 Technological Forces That Will Shape Our Future”, a book by Kevin Kelly, founding executive editor of Wired magazine and one of the leading technology thinkers of our generation, forecasted technological imperatives that will shape and transform our society over the next thirty years. More specifically, 3 out of the 12 forces, mentioned in the book, will inevitably transform real estate investing on a massive scale: the force of sharing, filtering, and questioning.

Sharing
We now live in a world of abundant information – with just a few clicks away, internet services (like Google or Wikipedia) demonstrate the power of networking effect. Technology can enhance collaboration within a community on a mass-scale. Experts, from different parts of the world with different expertise, share their knowledge freely to foster better collaboration.
 
Filtering
With the abundance of choices we are exposed to, it is impossible to assess everything ourselves. Filtering is needed to select the few but right things we should pay attention to. With the combination of crowdsourcing, expert curators, and technology advancement, real estate investors can harness strong personalization to obtain tailored suggestions and the best available projects that suit their appetite.
 
Questioning
“Every year we ask the Internet a trillion questions, and every year the search engines give back a trillion answers,” says Kevin Kelly. The future technologies will unleash enormous big questions that we could have never thought to ask before. Promoting the freedom to ask good quality questions are far more valuable than good answers. Real estate investors will constantly explore to ask unique personalized questions to find the best result.
 
We at Denzity believe those phenomena will fill the gap – providing better-informed decisions to real estate investors for their increasing appetite for cross-border diversification. As such, we constantly challenge ourselves during our product design on how we can deliver a better experience for your exploration in the world of real estate investing. 

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PropTech: Past, Present, and Future.

PropTech: Past, Present, & Future

It’s no secret that real estate is one of the largest industries in the world, yet it is one of the last to adopt the technology. It is no surprise that a large number of startups have spawned to tackle this industry. Beyond headline-grabbing companies like Compass, Opendoor, and Airbnb, critical problems remain in our industry that entrepreneurs are yet to solve.

Since the 1980s, there have been three major waves in PropTech (Property Tech).

Early PropTech from 1980 to 2000: With the introduction of basic solutions such as Excel, real estate companies began to implement enterprise software solutions in their workflow to drive more quantitative approaches to their investments and portfolio management (such as Yardi, CoStar, and Loopnet). These solutions tend to be closed-form while requiring heavy customization.

PropTech 1.0 from 2001 to 2007: With the increasing demand to seek information, real estate online aggregators emerge (such as Redfin, Zillow, and Trulia). Like other social media and e-commerce portals, these online aggregators allow users to find incumbent information by leveraging their cross-sided network effects.

PropTech 2.0 from 2008 to 2019: As consumer-preferred access over ownership (the shared economy movement), companies (such as Airbnb, Opendoor, and PurpleBricks) are focused on improving user experience and participation. 

PropTech 3.0 from present to beyond: According to CB Insights, venture funding in PropTech from 2008 to 2018 has increased from USD 20 Million to more than USD 4 Billion. The increasing interest in PropTech has grown considerably as many pain points still exist.

We at Denzity believe the fragmented and inefficient process in real estate transactions need to be addressed and solved. Firstly, as investors have access to limited information and data set, they still rely on their intuitions when making an investment. Secondly, there is a lack of investment options that investors can access. Therefore, we want to introduce solutions to digitize workflows and elevate the transparency so that better investment decisions can be made.

Denzity Forum is one of the solutions that seek to solve a real estate investor’s pain point on understanding how to carry out the due diligence process properly before investing in a real estate project. The forum is always improving, and we always challenge ourselves to make it as easy to use as possible.

You can sign up to the forum here: https://forum.denzity.io/

Thanks for staying tuned and speak to you soon.

Darren

Co-Founder, Denzity


Ask Me Anything: Real Estate Investing Abroad v1

Hey everyone!

We have started a questionnaire with the goal to help people around addressing questions or doubts one might have on real estate investment. My buddies and I always geek out on real estate investing, and we think it’d be a great idea to share what we have in the pocket and pick each other’s brains, too!

You can join this community by clicking here: https://forms.gle/vYAduHAeWkJ57ueC8

By joining this group, you can let us know more about yourself or any possible queries within real estate investing. All user’s questions will be kept anonymous and private. In return, we will reach out to the community and find the right experts to answer your questions. And, it’s totally free! We will regularly inform the community about the questions and answers we have collected.

– Darren & Denzity Team

Website New Look

Hey everyone, after months of work and gathering feedback from our beta testers, we would like to show you Denzity’s new look and feel!

We are only a couple of months away from launching the full product and will keep you updated with our progress and upcoming events by subscribing to our newsletter.

https://www.denzity.io/

Denzity website New Look
Denzity Website New Look

Great turnout at PropTech Pitch Battle on July 11 2019

It was our pleasure to be one of the co-hosts for the PropTech Pitch Battle on July 11 2019.

Thanks for Asia PropTech for organizing together. Also, thanks Sidley Austin, Dimsum Venture, Great Eagle, and Booqed as the judges.

We want to help the PropTech startup, like ourselves, to share ideas and insights with other professionals.

We hope everyone had a great time and looking forward to seeing you all soon.

Special thanks to Bryan Wong for taking photos for us. You can find more about him here: https://www.bryanwongdesign.com/

Denzity is co-hosting for the event PropTech Pitch Battle on July 11 2019

Hey everyone,

Denzity is co-hosting (with AsiaPropTech and Dim Sum Venture) a PropTech Pitch Battle on July 11 2019 (Thursday). At Denzity, we empower PropTech entrepreneurs, like ourselves, by giving you the spotlight to present your PropTech ideas and solutions in front of real estate experts, venture capital investors, and an audience seeking to learn more about the PropTech space in Asia.

PropTech Pitch Battle

Date: July 11, 2019 (Thursday)

Time: 6:30 PM – 9:00 PM

Venue: Sidley Austin Office, 39/F., Two International Finance Centre (IFC2), 8 Finance Street, Central, Hong Kong

This is the perfect event for:

  • Start-ups – pitch your idea in front of an audience and receive constructive feedback from experienced industry experts and venture capital investors
  • University students – pitch and test your idea in front of industry professionals
  • PropTech enthusiasts – learn and network with like-minded industry professionals
  • Angel investors / Corporate – connect with PropTech entrepreneurs and enthusiasts

You can find more information and get your ticket here: https://bit.ly/2XaKmIH

If you are a PropTech entrepreneur and would like to apply to enter the Pitch battle, you can submit your application by filling up the google form (https://bit.ly/2Jkt3ez) or email to [email protected] by July 3, 2019 (Wed).

Successful applicants will be notified by July 5, 2019 (Fri).

Looking forward to seeing all of you there!

Great turnout at the Future of Real Estate Investing on May 30 2019

It was our pleasure to be one of the co-hosts for the Future of Real Estate Investing event on May 30 2019.

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Thanks for all the co-hosts (RealInflo, C Block Capital, Asia Proptech, ASTA, Mai Capital, FMI) for organizing the event together.

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We have shared our insights on Real Estate fractional ownership and why it needs to be popularized.

We hope everyone had a great time and looking forward to seeing you all soon.

Special thanks to Bryan Wong for taking photos for us. You can find more about him here: https://www.bryanwongdesign.com/

Realinflo, Our Community Partner

Denzity is proud to announce a partnership with Realinflo, a database platform that is creating the ‘Bloomberg’ for the real estate industry. We would like to introduce Realinflo (www.realinflo.com) to you as the newest member of Denzity’s community.

Traditionally, real estate information has been difficult and time-consuming to obtain. Realinflo solves this problem by providing access to granular transaction data and insights directly from the market. This is combined with their comprehensive land and building database to give a view of normally opaque real estate markets. Realinflo’s vision is to drive improvements in data standards and to become the leading data analytics platform, which is demonstrated by being the first Royal Institution of Chartered Surveyors (RICS) Tech-affiliated firm in the Asia-Pacific region. Currently, Realinflo tracks data on 68 cities in 25 countries across Asia, the Middle East and Africa.

Realinflo’s difference is in the details, for example for any particular building data points are available such as current leases, occupancy rates, historical sales transactions, development details, parameters and planning history. With a complete picture of the market, it is also possible to visualize how real estate markets have changed over time, future supply coming online and to run predictive analytics to make data-driven real estate decisions.

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Gary Walter MRICS, CEO and Co-Founder of Realinflo

Gary a Chartered Valuation Surveyor and has over 11 years’ experience in the real estate industry, with Swire Properties in Hong Kong and Colliers International where he worked extensively across markets in Asia. Frustrated by the lack of reliable data across the region, he founded Realinflo with the aim to raise standards and transparency in the region. Gary has also worked with Virgin Atlantic Airways and has a keen interest in non-profit and social impact work in Africa, having undertaken projects in Kenya, Rwanda, and Tanzania. In 2016 Gary was awarded the excellent Young Achiever of the Year in the Hong Kong RICS Awards and is a regular speaker at PropTech events.

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Denzity and Realinflo both presented at the Propteq Asia 2018 Conference

Gary views that Realinflo’s partnership with Denzity partnership is a natural collaboration in growing Denzity’s ecosystem in the real estate industry. Gary shares Denzity’s mission to match everyday investors with the best possible investment opportunities around the world. By having access to a diverse range of verified listings backed by comprehensive datasets, investors will be able to make informed decisions on which real estate investment best suits their risk-reward profile.

Join Denzity’s Exclusive Beta Tester Program Today

We need YOUR help to participate in our exclusive beta testing program.

We are inviting participants to test out Denzity’s dashboard and to share your ideas and feedback to help us develop the best possible product before releasing to the public.

By joining our exclusive beta testing program, you will enjoy the following benefits:

  • Early preview of products and services that we provide before being released to others
  • Early access and enrolment to upcoming events and conferences
  • Recognition as an early adopter on your individual Denzity profiles
  • Conversion to PREMIUM Denzity membership*

*A limited number of beta testers will be automatically converted to complimentary premium membership.

How the beta testing works

As a beta tester, we ask you to browse the dashboard with your Mac/PC and follow certain instructions to test tools and functions that screen investments. Your first visit should take less than five minutes, after that you can spend as long as you’d like!

As a beta tester, we gather your feedback to:

  • Screen for bugs and inconsistencies on our dashboard
  • Improve the Denzity experience by incorporating your comments and suggestions
  • Aggregate beta testing data to revamp our prototype towards Denzity 2.0

Afterward, you will be provided with a questionnaire to share your experience.

That’s it!

As Denzity will constantly improve as a product, we invite you to give us more feedback at a later stage.

How to participate

The registration will only take a few minutes. The Denzity team will review your registration and upon approval, we will provide you access as a beta tester on Denzity.

Join us and let’s get started.

〈 Become a tester 〉

 


Posts you might be interested:

Why we do, what we do: https://bit.ly/2yMUY18 

Equity vs. Debt Crowdfunding, which is right for me?: https://bit.ly/2OuxIvr

Introduction to Real Estate Crowdfunding: https://bit.ly/2Qmqknh