We interviewed Justin Fichelson from Avenue 8 in the 2nd true estate tech entrepreneur job interview of 2021.
Let’s get to it!
Who are you and what do you do?
I’m the CEO and co-founder of Avenue 8, the only cell-initial true estate brokerage developed expressly for present day brokers. Our system presents brokers all the tools and assistance they will need to be thriving and entrepreneurial, to shut from wherever, and to preserve substantially additional of their profits.
Just like how you would buy dinner from Postmates or a automobile from Uber – we’re making true estate transactions for brokers as straightforward as acquiring one thing online. Entrepreneurial brokers can operate their entire company from Avenue 8’s digital system, from listing on a number of MLS data feeds, to generating true-time sector insights, automating omni-channel internet marketing jobs, to digital stagings and closings.
What dilemma does your product/service resolve?
Avenue 8’s been thoughtfully built from the ground up to be the most successful and consumer-pleasant digital true estate system for brokers. Agents are a critically significant portion of the home acquiring/marketing course of action, but they are radically underserved – many are beholden to an age-old brokerage product that elevates infrastructure in excess of people.
If you seem at the sector, there are some 90K brokerages that exist now in essence as an office environment for brokers to print materials. On the VC facet, there is been a ton of curiosity in organizations trying to be remedies for purchasers and sellers – even attempting to cut out the go-amongst of the agent.
Currently, our entire world is extremely unique- brokers really do not will need an office environment, they are doing all the things at home or on the go and they are important to the true estate course of action. We believe there is a gap in innovation in terms of how they perform and come to be additional thriving. For the reason that when brokers do their job better – everyone wins.
What are you most energized about suitable now?
Appropriate now I’m most energized about Avenue 8 acquiring a major influence on reshaping the true estate sector from the brokerage level up. We just closed our Series A funding and the following actions are to increase the team, further more build the product, and start in new marketplaces. We’re placing out to make it simpler for brokers to offer the finest service to their buyers by giving an easy-to-use and thoughtfully-built system that also will save them time and money.
What’s following for you?
We’re actually seeking forward to growing our footprint in excess of the following 6 months! Appropriate now Avenue 8 is live in the Bay Region and Southern California and we’ve now began thinking about our following start places for this coming 12 months. Over and above that, we’re seeking to increase brokers, our team, and product choices.
What’s a induce you’re passionate about and why?
I’ve constantly beloved artwork and layout, and in many ways, true estate is a sort of artwork. True estate as a medium functions right with the visible sort, it is artwork, layout and architecture all in one. I’m individually involved with many arts companies inside of new music instruction and architectural preservation. These involve the Board of Trustees of Orchestra Europa and past involvement with the Good Arts Museums of SF.
Thanks to Justin for sharing his story. If you’d like to join, find him on LinkedIn right here.
We’re constantly seeking for good true estate tech entrepreneurs to function. If which is you, please read through this post — then drop us a line (Community @ geekestatelabs dot com).