7/17-20/18: Follow #ICSF18, share your perspective on real estate in 2020 using hashtag #RE2020

I clarified with Inman folks that the hashtag they're using is #ICSF, not #ICSF18.-Jim

Thanks for the clarification @jbattan. My recollection is that you're attending, is that correct? @nitesh will be in SF through Friday and offered to debrief daily. Anyone else interested in doing the same?

In January, I attended Hacker Connect, and followed the tweetstream by keyword as i have for years. Will aggregating content via Hashtags, as well as what's not said. The number of keyword gaps might surprise some industry observers. If history repeats itself, so leading industry issues are likely to get little attention.

Others may create ripple effects. Anyone seen this WSJ headline yet?

https://twitter.com/RealEstateCafe/status/1018928753559425153

Yes, I'll be attending the general conference, the Hacker Connect, and the CEO Connect.
I'll keep some notes and send them all to you, perhaps daily.

@Nitesh, let's meet, perhaps during a lunch break.

-Jim

Thanks Jim! Adrienne, @adriennemeisels encourage you & your LobbyCon colleague to meet @Nitesh & @jbattan too. Of course, you're invited to share some thoughts daily, too via Loomio or daily podcast episodes on @Anchor.

Here's the list of industry trends we created after #ICNY18 and several other events, using MIT's #uLab three step theory of change -- what's ending, what's presenting, and what's emerging:

http://bit.ly/RETechTop20_1Q2018

Let’s see what we can pull off this week, even if it takes a a few false starts to master the tech. Have sent this to several people via another private channel. If anyone wants to be interviewed, let me know and I’ll send this link when it’s convenient for you to talk.

I'm recording segments on Anchor this week and would like to invite you to share daily updates from #ICSF. If you're open to that, please download Anchor soon so we can talk!

https://anchor.fm/re2020/call/i-1ftpr

Can't make it to Connect? Scan the schedule below, and tune into on the Inman Livestream over the next several days:

https://www.inman.com/2018/07/10/livestream-inman-connect-san-francisco/

Not very many tweets today from #ICSF, but still several sessions left to watch on the LIVESTREAM today. More #REStartUps on the next several panels than the whole day put together:

https://www.inman.com/event/inman-connect-san-francisco-2018/?page=agenda&tag=64#Tuesday07172018

@nitesh @jbattan @adriennemeisels

Here are my notes from yesterday. Nothing disruptive in sight.

Hacker Connect

• Tribus custom software for brokerage

• Tech trends: Move from intuitive to mindless. Let apps do the hard work. Remove friction. Don’t make the business fit the tech. Consider custom solutions that meet your needs. Integrated workflow. Focus on data.

• Redfin customer-centric products. Talk to your customers. They most care about pictures, schools, and commute. Hard for users to visualize the home layout using photos. 3D scans help {but still very manual process and imprecise}. Users rarely use search filters due to FOMO and indecision around needs/wants. Important to balance quantitative and qualitative data. They use 3-day Google design sprints. Homes.com ( http://Homes.com ) does want/need searches.

• RocketUrBiz: Data ontology vs ML/AI. Used for knowledge discovery and exploration. Too many data silos. Ontological integration is their answer. AI in general and narrow senses. “Evil data processes” exist. You can’t discern knowledge from raw data; need to ETL it first. Databases do not store knowledge. Dbtia(?) is an ontology database. ODBs have a core taxonomy. OREO Open RE Ontolgies.

• Handling interoperability and integration challenges. eXp, KW, Compass. Josh wants to drive the cost of tech for brokers to zero. KW partnered with Nextdoor to get access to their 161,000 neighborhoods. Maelle Gavet and Josh agree that 750 MLSs is crazy. Amazing that some systems don’t support APIs. KW doesn’t think standards will ever be universally supported. RE is finally realizing that data is most important, and who owns the data owns the world. Upstream goes counter to SPOF and decentralized data.

• Blockchain for RE. MLSListings and Imbrex. Blockchain working group in RESO. Auditable ledger. I would ask: what about the serious capacity limitations in block update frequency, size, and throughput? Not to mention lack of government oversight capacities?

• Developers perspective on MLS: Hoverboard Labs Seth Siegler. Tech hasn’t changed much in past 20 years. Access to MLS data is difficult to get, data is a mess, not normalized, key values are indecipherable. Importing data makes no sense with real-time listing needs.

• Building smarter APIs: Restsb, Blend, and LetsButterfly. 3 important stack elements: Roadmap, versioning, and documentation. Believers in RESO. Build success and failure test scripts.

• Was interviewed by Greg Charlop for the Real Estate Flash podcast, airing next week. On the subject of MLS deficiencies.

• Data ontology deep dive. Virtual logic vs descriptive logic. Basic Formal Ontology BFO On GitHub. OBOFoundry.org ( http://OBOFoundry.org ). Written in OWL2.

• Lots of shill sessions by vendors: NextDoor, ShowingTime, blockchain like Propy, CRM, leadgen, and other agent-focused topics. Even CTAs listed at the end of the sessions.

• Referrals are going down. Agents respond to 51% of leads.

• Startup pitches:

• Kleard: app to empower agents: safety, leadgen, etc

• RocketUrBiz: consolidation of 10 agent apps.

• Localize.city: AI insight engine

• Upcall: outbound phone agents

• Disclosures.IO: manage disclosures and offers

• Relativity: referrals app

• CloudCMA: cash offer integration, investor connect API

• ProxyPix: photos on demand

• Local Logic: amenities for every address

• Vrollo: integrates vacation rental data with listing data for investors

-Jim

@jbattan Impressive, look forward to deconstructing, comparing to my own list of A-Z. If others only have 30 minutes to tune into the LIVESTREAM or tweet street, now is a good time to here what leading #REStartUps are doing. See link above:

@jbattan Strong statement. Nothing disruptive in sight! If you see or hear something that is today, please share insights and invite them to collaborate via #RE2020!