On today’s episode we chat to Ajay Kumar, the CEO of TheHouseMonk, a company focused on solving problems in the real estate industry using technology. They help real estate businesses sell and manage their real estate profile, and serve over 100 clients in 12 different countries. He ran a property management company for many years prior to shifting into the software space so he understands the industry from both sides. He offers some interesting insights on how technology actually impacts the real estate industry from an insider perspective.
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As real estate is a touch & feel industry, it relies on offline interactions and relationship building. That said, there are many forms of technology that can help real estate businesses to operate more effectively. Ajay gives us his predictions on how technology will develop in going forward, and which types of software will be most useful.
In this episode we talk about:
- The impact of technology on the real estate industry
- How the industry has changed since the pandemic
- What the future of tech looks like in real estate
Timestamps
1:25 – An intro into Ajay Kumar
3:43 – How property management and real estate compares to other top industries
8:48 – The impact of tech on the real estate industry
10:10 – The importance of having an extremely valuable product
11:15 – Networking and word-of-mouth marketing in the industry
13:00 – Don’t compromise on your team (hire experts)
14:10 – Using LinkedIn to capture attention
16: 35 – How TheHouseMonk gets customers
17:50 – How things have changed since the pandemic?
19:44 – The perks and struggles of having a remote team
21:50 – Solving the culture problems of working remotely
23:15 – Predictions for technology in real estate
Connect with Ajay Kumar on LinkedIn, TheHouseMonk and his blog RealEstatexTechnology.
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