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Season 1, Episode 5: In this episode of "No Cap by CRE Daily," we sit down with Michael Mandel, a former broker and the visionary founder of CompStak, to dive into the power of data and AI in the commercial real estate industry. Michael shares his journey as a broker and the issues he encountered that led him to build CompStak. We also discuss how AI and machine learning are revolutionizing data collection, analysis, and utilization in the CRE industry. TOPICS 0:31 — Introduction 6:55 — How Compstak incorporated AI & machine learning tech into their stack 11:31 — Making brokers' lives easier using technology 13:40 — How the data verification process works 17:31 — The scoring and credit system to incentivize people to contribute data 18:05 — What will the actual effects of AI be on the real estate market? 22:46 — Pet peeves as a broker 24:59 — AI tools for architecture 28:34 — New insights into client data 30:11 — Are we going to be “owned” by AI? 33:10 — Jack & ChatGPT 35:53 — What are use cases of AI & what's the effect of deep fakes? 37:15 — Will the vast majority of real estate jobs be automated? 42:50 — Conclusion We want to thank our sponsor Viking Capital. For more episodes of No Cap by CRE Daily visit https://www.credaily.com/podcast/ About Our Guest Michael Mandel https://www.linkedin.com/in/mmandel/ Michael is the Co-Founder & CEO of CompStak, a marketplace for commercial real estate information. CompStak uses a crowd-sourced model to gather real information that is hard to find, difficult to compile or otherwise unavailable. Our first product is a marketplace for the exchange of commercial lease comparables. Users add the comps they have to find the comps they need. CompStak was born out of Michael's experience as a commercial leasing broker in Manhattan. He has been recognized for his success as Grubb & Ellis' National Rookie of the Year in 2007 and Real Estate New York's 30 under 30 in 2008. CompStak has been featured in The Wall Street Journal, The Real Deal, Forbes, Bloomberg, AG Beat and more. About No Cap Podcast Commercial real estate is a $20 trillion industry and a force that shapes America's economic fabric and culture. No Cap by CRE Daily is the commercial real estate podcast that gives you an unfiltered ”No Cap” look into the industry's biggest trends and the money game behind them. Each week co-hosts Jack Stone and Alex Gornik break down the latest headlines with some of the most influential and entertaining figures in commercial real estate. About CRE Daily CRE Daily is a digital media company covering the business of commercial real estate. Our mission is to empower professionals with the knowledge they need to make smarter decisions and do more business. We do this through our flagship newsletter (CRE Daily) which is read by 65,000+ investors, developers, brokers, and business leaders across the country. Our smart brevity format combined with need-to-know trends has made us one of the fastest growing media brands in commercial real estate.
Welcome to a special milestone episode of Ops Cast! We're celebrating our 100th episode, and we're thrilled to have you join us on this journey. While there might be more than 100 episodes in our feed, this feels like a significant moment as we approach three years of this podcast adventure.But that's not the only reason we're excited today. In this episode, we have the privilege of speaking with Shivina Kumar, the Director of Brand & Communications at CompStak. Shivina has had a remarkable career journey, holding various leadership roles in marketing, branding, and operations. She's also a guest lecturer and has published multiple papers about the marketing ecosystem.Tune in to hear: Shivina's career journey and how she obtained a patent.The transformation of branding from a qualitative concept to achieving "attribution" in branding.The use of full funnel metrics by branding teams, including the types of metrics they focus on, benchmark establishment, and ongoing measurement.The ABM Impact graph and its significance for the audience, along with practical applications.How metrics inform decisions regarding tactics in GTM, goal setting, and the methodology used for campaigns/initiatives, including the alignment with Sales and Finance.Episode Brought to You By MO Pros The #1 Community for Marketing Operations Professionals
In this episode, Ash Patel interviews Michael Mandel, the CEO of CompStak, a leading provider of commercial real estate data. They delve deep into the world of commercial real estate data, discussing how it can be a game-changer for investors and uncovering the power of creativity in real estate investments. Listen in as they explore various data sets, discuss case studies, and provide insights into finding profitable deals using data-driven strategies. Key Takeaways: Creativity Trumps Data Alone: While data is essential, Michael emphasizes that the key to success in commercial real estate investing lies in creativity. Investors who can think creatively and find unique ways to extract value from properties will often achieve the most significant returns. Data-Driven Decision-Making: Michael highlights how investors can leverage data to make informed decisions. They discuss the importance of using multiple data sets, such as lease rates, property details, loan data, and market analytics, to identify opportunities and mitigate risks. Identifying Profitable Deals: The conversation explores how data can help investors identify potentially lucrative deals. By analyzing data on property leases, square footage, loan maturities, and more, investors can uncover properties with untapped potential, creating opportunities for significant returns on investment. Michael Mandel | Real Estate Background CEO and Co-Founder of CompStak Based in: New York, NY Say hi to him at: LinkedIn compstak.com Best Ever Book: The Hard Thing About Hard Things by Ben Horowitz Greatest Lesson: The real estate investors that are gonna be the most successful are those who are the most creative, who can see beyond that data and find a new way to make money from an asset that isn't otherwise obvious. Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Rentec Direct Syndication Attorneys
Michael Mendel with Compstak joins Michael Bull, CCIM, to discuss the future of commercial real estate data technology, including expanding AI and Large Language Models like Chat GPT. Brought to you by: Lument: Lending is more than a loan: https://www.lument.com/ Bull Realty - Customized Asset & Occupancy Solutions: https://www.bullrealty.com/ Commercial Agent Success Strategies - The ultimate commercial broker training resource: https://www.commercialagentsuccess.com/ Watch the video versions of our show on YouTube! https://www.youtube.com/c/Commercialrealestateshow Follow us at: @BullRealty https://twitter.com/bullrealty @CRE_show https://twitter.com/CRE_show
"AI is an iterative process. As we improve our testing and enhance ethical usage, we contribute to the betterment of AI and, in turn, make the world a better place."FinTech's DEI Discussions is delighted to bring the Artificial Discrimination series: Can AI be trusted with Inclusion?In this episode, host Nadia engages in a thought-provoking conversation with Shivina Kumar, Director of Brand and Communications at CompStak. The pair explore the complex relationship between artificial intelligence and the imperative of inclusion in the financial technology industry.Join Nadia and Shivina as they delve into topics like AI biases, gender representation in professional events, the importance of diverse data and the responsibility we all share in shaping an inclusive AI-driven future. Stream the full episode to discover insights and perspectives that challenge conventional thinking and inspire change. For more episodes or advice, please visit: www.harringtonstarr.com
In the July ICYMI we highlight a new partnership with Compstak, celebrate our recent CRE Win Graduates and share details on the next semester, discuss our involvement with the upcoming C5 & CCIM conference, new marketing releases and more!
As the commercial real estate sector continues to grow more than ever, it's important for professionals to stay ahead of the curve. Whether it's more efficient prospecting, deal-making, management, or investing, it's become abundantly clear that data sharing is key. Michael Mandel, Co-Founder and CEO of CompStak, joins Matt to discuss the importance of lease comparable data and how CompStak is helping people make better real estate decisions.
Mike Sroka, CEO and Co-founder of Dealpath, a leading cloud-based software platform for commercial real estate investment and development teams, including Blackstone, Nuveen, Oxford Properties and L+M. Mike currently also contributes to Forbes' Real Estate Council, and previously worked as a PM at Zynga. Edward & Jeff are joined by friend of Tangent Zach Aarons (GP & Co-founder at MetaProp).(1:35) - Future of Cities: San Francisco(5:07) - Signature Bank's and regional banks' impact on commercial real estate(12:34) - Tangent Glossary: NY's Local Law 97's site(13:52) - Bright side of CRE: Industrial, Logistics & Manufacturing in Latin America & emerging markets(16:46) - Dealpath's and Mike's origin entrepreneurial story(20:09) - Feature - KODA: Minimalist luxury living in a spaciously sustainable house(21:07) - Dealpath's value propositions(26:16) - Dealpath's 'killer' product(28:21) - Proptech adoption & displacing legacy real estate systems(33:27) - The Impact & Opportunities of Generative AI in Real Estate (MetaProp's White Paper)(40:27) - Discomfort Zone: Stanley Druckenmiller's inflation predictionLearn more:
Michael Mandel, Co-Founder and CEO of CompStak, a marketplace for CRE data, discusses how the use of data is (and is not) changing the practice of global investing. https://www.afire.org/podcast/202302cast/ When it comes to big data, alternative data sets, data science, and analytics—how do we know if real estate investors approaching new data resources in the right way? How is data changing the game and how can organizations make better use of it? Can we better understand the value of any given asset by counting the number of trees nearby? Can that replace the data fundamentals around leasing and sales that we have relied on for decades? Or is this simply an expansion of augmentation of what we already do? Michael Mandel, Co-Founder and CEO of CompStak, sat down in January 2023 with AFIRE CEO and podcast host Gunnar Branson to talk about how investors need to combine a strong grasp of fundamental data with the more exotic new sources of insight coming to market. How should investors better discern the quality and the meaning of data as they compete in a fast moving and volatile real estate landscape? Listen now for more insights.
In this week's episode, we cover the latest jobs and housing data, travel earnings, and share takeaways from the MBA CREF conference. We also talk about Brookfield's defaults and office crabgrass, then share some large multifamily loan moves. In case you missed it, Trepp and CompStak released a report examining office loan maturities and lease expirations. Trepp's Director of Research, Stephen Buschbom, and, CompStak's Director of Real Estate Intelligence, Alie Baumann, talk through some of the findings. Tune in now. Episode Notes: • Economic news of the week (0:23) • Travel earnings (7:27) • Negative stories: train derailment (9:19) • MBA CREF conference takeaways (12:12) • Office: construction; Brookfield defaults (16:16) • Office crabgrass stories (25:31) • Office loan maturities and lease expirations (27:40) • Large multifamily loan stories (40:14) • Shoutouts (42:38) Questions or comments? Contact us at podcast@trepp.com. Follow Trepp: Twitter: www.twitter.com/TreppWire LinkedIn: www.linkedin.com/company/trepp Facebook: www.facebook.com/TreppLLC
Tangent on LinkedInTangent on TwitterTo learn more:Camber Creek - Proptech Venture CapitalJeffrey E. Berman on LinkedInAlso featured: The Finance Savior - Use discount code 'Tangent' for 20% off your first sessionThe Subversive GardenerJeffrey Berman has been at the forefront of the Proptech movement since 2008, and as General Partner of Camber Creek (investor in Latch, VTS, and Compstak among others), he shares with us his insights on the current state of real estate technology adoption, seeking alpha in proptech VC investing, ESG, and the role that real estate owners & operators are playing as LPs and users in the fund's decision making.
Michael Mandel, CEO and co-founder of Compstak talks about building his MVP, meeting his co-founder, and building the company from 0-30,000 MRR. Listen for valuable lessons. Compstak is a marketplace that is based on a crowd-sourced framework. Users can leverage the framework to find hard to get data. Michael Mandel, the co-founder, and CEO of this marketplace, talks to Geordie about his journey. What You'll Learn Who is the ideal Compstak customer? What data does Compstak offer? How Compstak members earn Where do Compstak members get data, and how do they submit it? Importance of granular information Importance of having a technical expert What does credit mean, and how does it benefit Compstak members? Comparison between getting funding and bootstrapping In this Episode The real estate industry is broad, and sometimes finding detailed data can be a difficult task. Compstak, a real estate data company, promises to give you ample experience by providing comprehensive data you would otherwise have difficulties finding. Michael says they collaborate with approximately 30,000 commercial real estate appraisers, brokers, and research experts who share on the Compstak platform. What information do these experts share? Listen to the podcast to find out. As the team of professionals shares data on the Compstak platform, they give Michael and his team a comprehensive database comprising all deals in the market. Compstak then sells subscription access to allow their clients access to the data. According to Michael, the company is popularly known for its lease comps, and he explains what these are. Get details from the podcast. Michael says sharing unique, recent, and comprehensive data on Compstak earns clients attractive credits. If they (clients) want to retrieve the data, they can leverage their credits to do so. Listen to the podcast for more insights on how this approach works. 50% of people who give Michael and his team data are brokers, while the remaining 50% are people working in real estate brokerage firms. Compstak members can use a wide range of methods to submit data, which Michael talks about in the podcast. The team has also devised software to ease the process of uploading data while making it as efficient as possible. Michael's stint as a commercial real estate worker gave him massive experience which played a major role in founding Compstak. He says their mode of operation was inefficient and that pushed him into devising an easy to use and more effective platform. Michael gives a detailed explanation of how clients leverage their data to achieve results. Listen to the podcast and learn. Compstak has evolved over the years and Michael says they have learned the importance of leveraging crowdsourcing to collect data. He mentions another crucial crowdsourcing lesson, which you can figure out from the podcast. Michael's co-founder who is also the technical expert was working for Compstak full time before Michael joined him even though the company was inexistent then. He (Michael) mentions the process he went through before finally getting a technical person he could partner with. Get the details from this podcast. According to Michael, collaborating with a technical expert is critical, especially if you do not have the technical know-how. He supports his sentiments with an example, which you cannot afford to miss. Starting and building a company can be a tedious and time-consuming process. Michael explains how his initial days looked like as he sought data from every broker he knew. Every startup entrepreneur needs to listen to this part of the podcast. Earning your first customer is not a walk in the park. After launching Compstak in January 2012, it was not until nearly 10 months later that Michael and his team got their first paying client. How did Michael and his team come up with the pricing? While Michael does not remember the details, he says they researched around to determine what their competitors were charging. Raising money to fund the business was not an easy process. After a year of trying to figure out how to raise money, Michael and his team got angel investors before working with micro venture capitalists. At some point Michael joined the 500 startups accelerator which he admits was a great experience. Listen to the podcast for more details on the accelerator experience. Collaborating with big companies can be both a good and a bad idea. Michael talks about his experience working with a big company. Listen to the podcast for more insights. He also discusses a few mistakes they made along the way. This part is a must-listen for startups and already established entrepreneurs. Michael concludes the podcast by telling listeners to appreciate the small breaks as much as they do big ones. Resources Michael Mandel LinkedIn Compstak.com Michael Mandel Twitter
Summary: Today the Propcast will be talking to Michael Mandel from CompStak about transparency in commercial real estate data. The Propcast by Louisa Dickins, Co-Founder of LMRE the leading Global PropTech recruiter brought to you in partnership with UK PropTech Association, The UK PropTech Association is a membership organisation to drive the digital transformation of the property industry. This show will focus on connecting the Proptechs, real estate funds and VC's globally…and get everyone talking about innovation of the build to rent environment. About Our Host Louisa Dickins https://www.linkedin.com/in/louisa-dickins-ab065392/?originalSubdomain=uk Louisa started her career in property working at a well-known estate agency in London. Realising her people skills, she moved over to Lloyd May to pursue a career in recruitment. She now is a Director at LMRE, who are a specialist recruitment firm driven by PropTech and recruitment professionals, and Louisa oversees their 5 core areas. Louisa co-founded LMRE and provides a constructive recruitment platform to the new disruptors in real estate. Louisa is also on the board of Directors at UK PropTech Association (UKPA). About LMRE LMRE believe there is a better way to recruit. LMRE focus on a more comprehensive, client led focus delivering exceptional talent to the right place at the right time. They are passionate about the industry and passionate about people's careers. LMRE spend time with each client to become and an extension of the business, and their transparency and core values help them grow with the sector. LMRE simplify recruitment and innovate with our clients and evolve the people driven, PropTech community. About Our Guest Michael Mandel https://www.linkedin.com/in/mmandel/ Michael is the Co-Founder & CEO of CompStak, a marketplace for commercial real estate information. CompStak uses a crowd-sourced model to gather real information that is hard to find, difficult to compile or otherwise unavailable. Our first product is a marketplace for the exchange of commercial lease comparables. Users add the comps they have to find the comps they need. CompStak was born out of Michael's experience as a commercial leasing broker in Manhattan. He has been recognized for his success as Grubb & Ellis' National Rookie of the Year in 2007 and Real Estate New York's 30 under 30 in 2008. CompStak has been featured in The Wall Street Journal, The Real Deal, Forbes, Bloomberg, AG Beat and more. Resources mentioned LMRE website www.lmre.co.uk UKPA website www.ukpa.com Compstak website www.compstak.com Michaels email michael@compstak.com Insights from this Episode Data in its most granular, basic form has been used in the industry forever – Michael Mandel The idea behind CompStak was simply to move that that trading of information from offline to online – Michael Mandel It was years before we started entertaining partnership opportunities, the reality is that you need to be focused on your core business early on – Michael Mandel It becomes like a virtuous cycle where more data leads to more insight, and then continues to make it more important in the industry – Michael Mandel You need to get the fundamentals right before you start looking at those data on the fringe – Michael Mandel Subscribe Apple | Google | Spotify | Stitcher | iHeart A Podcast Company - is the leading podcast production company for brands, organizations, institutions, individuals, and entrepreneurs. Our team sets you up with the right equipment, training, and guidance to ensure you sound amazing. - https://www.apodcastcompany.com and www.podcastsyndicator.com
We welcome Michael Mandel, Co-Founder and CEO of CompStak, a nationwide provider of crowdsourced commercial real estate lease and sales comp data. We discuss the impact of COVID-19 on the CRE tech industry, analyzing lease comps, slower deal velocity, and winners and losers post-pandemic. Episode Notes: Integrating Trepp and CompStak data (1:50) Impacts of slower deal velocity (6:48) The demand for data in CRE tech (9:20) Facebook’s Penn Station area lease (13:15) Analyzing office tenant risk (18:02) Winners and losers post-pandemic (20:44) Where is the CRE tech sector heading? (23:01) Questions or comments? Contact us at podcast@trepp.com
Tune in to hear Out Of Growth with Nathalie Nayman. She is the Director of Marketing at CompStak CompStak is the world's leading provider of crowdsourced commercial real estate transaction pricing data. You can use it to get timely, analyst-reviewed commercial lease comps, sales comps, and property details. Listen in when we talk about their successful growth strategy. Links to platforms: https://www.youtube.com/watch?v=9mpkaA57WjE&feature=em-lsb-owner https://www.facebook.com/watch/live/?v=243442387096203 https://www.linkedin.com/video/live/urn:li:ugcPost:6715268987829149696/ Nathalie's links: https://www.facebook.com/CompStak/ https://www.linkedin.com/company/compstak/ https://twitter.com/compstak https://www.compstak.com/ Growthmentor.com
CompStak Senior Market Development Manager Lucy Burt joins ACRE Data Analytics Coordinator Stuart Norton to discuss CompStak's leading crowdsourced commercial real estate data platform that handles millions of data points each week to create a comprehensive, robust CRE data set and what she's been seeing happen on the platform during COVID-19. For more information about CompStak, email Lucy at lucy@compstak.com
About this nugget: This nugget was pulled from episode 264 from an interview with Michael Mandel, Cofounder & CEO of Compstak. This nugget is on Building a data startup VS SaaS. What is a nugget of the week?: The host John Siracusa has recorded over 300 episodes as the host of the Bank On It fintech podcast where he interviews founders building the future of fintech and the VCS/Angels who fund them. With each interview there’s this wow moment when the person interviewed has shared something really special, unique or a reminder on how founders or investors should think. So, here we are delivering those moments to you in the form of a bite sized nugget. About Michael Mandel: Michael is Co-Founder & CEO of CompStak, a platform for crowdsourcing commercial real estate information. A 500 Startups alum, he has been named 30 Under 30 in Real Estate New York and National Rookie of the Year by Grubb & Ellis. About the host: John, is the host of the ‘Bank On It’ podcast recorded onsite in Wall Street at OpenFin. He's also the founder of the remotely recorded, studio quality standardized audio production system called ListenDeck. As a fintech, VC, financial services industry enthusiast and connector. He’s in the center of the fintech ecosystem, keeping current with the ever-innovating industry. Stay in the fintech know by subscribing to ‘Bank On It’, Follow John on LinkedIn, Twitter, Medium
In the interview, we speak with Michael Mandel Cofounder & CEO CompStak. Michael has a fascinating humble story. In this interview, nothing was left off the table and we discuss how he built his startup, the emotional pains and what it means to build a successful organization. It was a real treat to interview him I hope you enjoy! Dont forget to subscribe! Video: https://www.youtube.com/watch?v=sNtwzg64yj8 Michael: LinkedIn: https://www.linkedin.com/in/mmandel/ Compstak: https://compstak.com/ Ephraim Yarmak: LinkedIn: https://www.linkedin.com/in/ephraimyarmak/ Twitter: https://twitter.com/ephraimyarmak
Real Estate REality Check | Real Estate & Business Career Success Education and Training
Introduction: Today we have with us Ash Zandieh, the CREtech and PropTech visionary and guru, who seemingly made it his mission to channel the song by hip-hop heartthrob Drake, namely that of “Started from the Bottom” as to the acquisition of his real estate knowledge base. Ash continues that mission in a myriad of ways, including that of helping the commercial real estate tech sector grow into a thriving ecosystem by helping startups grow their businesses by connecting them to the funding sector. Episode Notes: At 2:30, Ash Zandieh discusses his strength in “narrowing the margin of vulnerability” not just for himself, but for others as well. At 4:08, Ash notes that a great deal of entrepreneurs today are coming from the real estate scene. At 5:56, Zandieh states that the notion of technology changing people is a little foreign to him. At 7:16, he talks about innovation, “borrowed money,” and defines PropTech for the layperson. At 11:06, Ash touches upon Airbnb and the impact CompStak had on him while he was a broker. At 14:33, Zandieh provides his thoughts on venture capital in New York and non-New York based start-ups solving a “New York problem.” At 16:59, he dishes on “the old school model of profitability and scale” when launching a business. At 18:44, Ash dives into PropTech unicorns and borrowing power in today’s market. At 21:56, Zandieh makes note of his dislike for the word “disruption,” and tell us why he believes that AI will not kill off the broker. At 24:56, he points out that he is in the knowledge business and that “attention is the only asset that matters.” At 28:12, Ash discusses the commodities of time and knowledge. At 29:52, Zandieh advises on auditing your skillset and “contextualizing tech.” At 33:20, he informs that AI technology is moving at a faster speed compared to that of government. At 36:38, Ash dives into his love for sharing knowledge, in addition to playing a role in the growth of other entrepreneurs. At 40:27, Zandieh talks about utilizing both old school and tech methods. At 43:04, he speaks on WeWork and the built world sector. At 46:04, Ash touches upon agility, as well as being comfortable with discomfort. At 48:08, Zandieh stresses in believing in oneself and its ability to execute. At 50:50, Ash Zandieh closes the podcast with a message on the affect fatherhood has had on him.
Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio. In this episode the host John Siracusa chats with Michael Mandel, co-founder and CEO of Compstak. CompStak, employs a crowdsourced model to gather commercial real estate information for investors, brokers, asset managers, and appraisers. Tune in and Listen. Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear next Tuesday's episode with Christina Qi from Domeyard. About the host: John is the host of the twice-weekly “Bank On It” podcast recorded onsite at offices of Carpenter Group, a creative services agency focused on the financial services industry. He’s a highly sought after fintech, VC and financial services industry enthusiast and connector. He’s in the center of the fintech ecosystem, keeping current with the ever-innovating industry.
Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio. In this episode the host John Siracusa chats with Jon Schlossberg, founder and CEO of Even. Even.com is a financial service company that allows users to get paid on demand, budget instantly, and save automatically. One of Even’s first customers was Walmart. Tune in and Listen. Subscribe now on iTunes, Google , Stitcher, Spotify and iHeartRadio to hear Thursday's episode with Michael Mandel from Compstak. About the host: John is the host of the twice-weekly “Bank On It” podcast recorded onsite at offices of Carpenter Group, a creative services agency focused on the financial services industry. He’s a highly sought after fintech, VC and financial services industry enthusiast and connector. He’s in the center of the fintech ecosystem, keeping current with the ever-innovating industry.
Join Michael and his guests as they discuss some of the leading technology and resources in the commercial real estate industry, including REALTORS Property Resource, Compstak, and VTS (View the Space).
America's Commercial Real Estate Show podcast feed can now be found at https://commercialrealestateshow.podbean.com/ If you're currently subscribed via Apple Podcasts, Spotify, or any other podcast syndicator, you feed will automatically be redirected. Join Michael and his guests as they discuss some of the leading technology and resources in the commercial real estate industry, including REALTORS Property Resource, Compstak, and VTS (View the Space).
Michael was in a position that required him to research comps for the company’s deals. He was having trouble finding relevant comps, so he started working on a solution. Enter his company, CompStak, they provide comps nationwide from brokers, appraisers, and research people in real estate brokerage firms to anyone who uses their platform. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The way you differentiate yourself is through your creativity” - Michael Mandel Michael Mandel Real Estate Background: Co-Founder & CEO of CompStak, the nationwide provider of commercial real estate data and analysis Has provided 2 million comps on 700k properties totaling 10 billion leased SQ. FT. Based in NYC Say hi to him at Best Ever Book: If you’re a passive investor wanting to learn more about questions to ask sponsors in order to qualify the opportunities, sponsors, and the markets opportunities are in, visit . We created this site just for passive investors to have a free resource providing the questions to ask and things to think through.
Heute ist Michael Kunz zu Gast, und wir sprechen über seine Erfahrung als er mit dem Startup Everbill zum Accelerator 500Startups ins Silicon Valley gegangen ist. Die Software von Everbill erleichtert Kleinunternehmen ihre Rechnungslegung, Buchhaltung und kommuniziert direkt mit der Software von Steuerberatern. Geboren wurde Everbill als interne Problemlösung in Michaels Agentur, wurde aber schnell auf einen größeren Kundenstamm ausgerollt. Über das Go Silicon Valley Programm der Wirtschaftskammer Österreich sollte es dann für 3 Monate in die USA gehen – daraus wurde allerdings länger, als 500Startups, der legendäre Accelerator, auf das Unternehmen aufmerksam wurde. Die haben sie entdeckt und ein Investment-Angebot gemacht. Nicht wegen des Cash, sondern wegen der Expertise nahm Michael dann mit seinem Cofounder Harald Trautsch an 500Startups. Was danach kam, bezeichnet Michael heute als eine Art Mini MBA - denn durch all das Mentoring und die Unterstützung von Experten haben die beiden sehr schnell extrem viel dazu gelernt. Einige dieser Dinge teilt Michael heute mit uns. Schlussendlich hat Michael und Harald dann aber doch das Heimweh gepackt, und heute führen sie Everbill als solides KMU in Wien. Also nichts mehr mit Venture Capital, Investoren und Weltherrschaft. Wie, warum, und was die Investoren dazu sagen, erfährst du gleich. Kapitel: 03:00 Vorstellung Everbill & Werdegang 11:25 Abenteuer Silicon Valley – Networking, Adaption, Accelerator 25:22 Boost durch den Accelerator 32:20 Leben im Valley 37:45 Was im Accelerator passiert 44:55 Pitching 49:30 Wie es nach den USA weiter ging Gründer & Zünder Android App: https://play.google.com/store/apps/details?id=com.mountainparkmedia.android.truth&hl=de_AT Gründer & Zünder iOS App: https://itunes.apple.com/us/app/gr%C3%BCnder-z%C3%BCnder/id1442308375 Links - erwähnt in dieser Episode: Everbill Magazin - https://www.everbill.com/ WKO Go Silicon Valley - https://www.wko.at/service/Veranstaltung.html?id=0EED4992-1EBE-4741-9319-3B15A2035795 Telefit (heute Digital.now) Roadshow der WKO - https://www.wko.at/service/innovation-technologie-digitalisierung/digital-now.html?shorturl=telefitat Buisness Maniacs Event - https://businessmaniacs.at/ BlueMonkeys - https://www.bluemonkeys.at Plug & Play Tech Center - https://www.plugandplaytechcenter.com/ 500Startups - https://500.co/ Eversports - https://www.eversports.at/ TechStars - http://www.techstars.com/ Startups aus dem Batch: Chewse - https://www.chewse.com/ WSGR - wsgr.com Compstak - https://compstak.com/
Hey everyone, in today’s episode I share the mic with Michael Mandel, the CEO of CompStak, a crowd-sourced real estate information site for real estate brokers to trade comps online. Tune in to hear how Michael went from commercial music production to commercial real estate brokerage, what they do to double their revenue each year, and the tactics that got them their first hundred customers. Click here for show notes and transcript Leave Some Feedback: What should I talk about next? Who should I interview? Please let me know on Twitter or in the comments below. Did you enjoy this episode? If so, leave a short review here. Subscribe to Growth Everywhere on iTunes. Get the non-iTunes RSS feed Connect with Eric Siu: Growth Everywhere Single Grain Twitter @EricSiu
Episode 4: Doing Business in Tertiary Markets features Andie Edmonds of NAI Cascade chatting with our Host, and Global Director of New Offices, Simon Hartzell about her experience with business in tertiary markets. This episode of Diving Into CRE is sponsored by Compstak. To learn more about Compstak go to compstak.com. Andie Edmonds is Managing Partner & Principal Broker of NAI Cascade in Bend, OR. To learn more about NAI Cascade or Andie Edmonds visit naicascade.com. If you have any questions, you can reach Simon Hartzell at shartzell@naiglobal.com.
Mike Mandel, CEO of Compstak, joined me from the Propteq Europe event to tell his story, talk about the commercial real estate tech world and his plans for the UK market.
Real Estate Data & Technology panel with Michael Mandel, Co-Founder & CEO of Compstak; Marc Siden, Co-Founder & CEO of OnBoard Informatics; Perry Rahbar, Co-Founder & CEO of DV01; Jim Costello, Senior Vice President of Real Capital Analytics; Rob Refkin, Founder & CEO of Compass; and moderator Ben Thypin, Managing Partner of Progress Group.