Tech Tuesday

Where does real estate technology go from here?image

The answer lies in the development pipelines of innovative companies like Yardi, but the journey so far has been inspiring.

A thought leadership video presented at the recent Realcomm/IBcon Conference includes clips from tech pioneers like Steve Jobs (Apple), Larry Ellison (Oracle) and Larry Page (Google), as well as real estate leaders like Andrew Florance (CoStar) and Lew Horne (CBRE).

Bridging the two industries is none other than Anant Yardi, CEO and Founder of Yardi Systems, who offers perspective on the app-based economy that has become the modern norm.

“Let me suggest two things that have really taken all of us by surprise: Uber and Airbnb,” Yardi says.

“Both of them are interesting because of the technology and what they bring to all of us is quite unique. But the transactions and the functions that they perform are commonplace – a way to get from A to B and a way to rent a room. The question that we puzzle over is this: Does this apply to the real estate industry? And, what message should we be taking away from these companies?”

Watch the video here – and prepare to be inspired about technology and real estate:

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AUTHOR

Leah Etling is the founding editor of the Balance Sheet and a 12-year Yardi employee who also oversees press releases and social media. An award winning journalist, she holds a master's degree from UC Berkeley and is a native of Santa Barbara County, Yardi's home.

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