62 minutes | Nov 19th 2020

PropTech Trend Predictions for 2021 with Jack Miller, T3 Sixty #ddre21

As the President of T3 Sixty, Jack Miller is responsible for client relationship development and management of T3 Sixty’s consulting team. He has nearly two decades in the real estate industry and has held management and executive roles in real estate franchising, franchise ownership, brokerages, and management consulting organizations. What is PropTech? And when Gary Kellar says he's investing $1 billion in technology for agents, what kind of technology and what does the future look like?

00:00 The Data Driven Real Estate Podcast Welcomes Jack Miller, President of T3 Sixty.
1:21 What keeps Jack Miller motivated and excited about the real estate industry?
2:56 What is T3 Sixty?
7:18  What is The Almanac and why did T3 Sixty create it for the real estate industry?
13:57 What is PropTech?
15:08 What are the top three technology most requested in real estate and what problems is proptech trying to solve?
20:05 Why is the real estate sector so bad at technology?
26:01 Is competition from ibuyers like Zillow and Opendoor forcing mega real estate brands like Keller Williams and Realogy to invest in technology?
29:47 The Opendoor IPO is coming up and it appears these flips don't make money. Can that last?
38:27 Will Realtor brands like Keller Williams and Realogy launching ibuyer initiatives work better than Opendoor, Offerpad, and Knock?
42:03 Will real estate teams continue to be a theme in 2021 for Realtors?
45:35 Is there a team structure that works best?
52:38 Is big tech like Amazon and Google getting into the real estate industry?
54:32 - What are some real estate trends we should expect in 2021?