What is the 3rd wave of Real Estate Tech? Join us to find out!
Show Notes
What is Real Estate Tech 3.0?
First, let's talk about the different waves of real-estate tech as discussed in NFX's post called "Real Estate 3.0 -- The Ownership Revolution:
- Information Revolution
- Transaction Revolution
- Ownership Revolution (Web 3.0 Could be used to democratize ownership)
Real estate has always been the largest asset class in the world, so it's interesting when Real Estate Tech and VC interests converge.
This wave is interesting because it may help increase the accessibility of this investment opportunity, which has historically been out of reach of most individuals.
It's unique because now if you just have $100 you can now invest in real estate. And not just real estate, but rentals, vacation properties, apartments, etc.
Real Estate Tech 3.0 allows us to expand our definition of what we historically viewed as ownership.
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