The same thing that we said about the energy industry in our look at Skye Energy, could be said of the real estate industry. There is an incredible amount of innovation everywhere we look. There are apps and software for just about anything that you can think of. However, there are a few industries left out of all this rapid innovation. These left-out industries, however, are beginning to catch up. Skye Energy is innovating the energy sector, REScour is innovating the commercial real estate sector.
In this day and age, it is a bit strange to think about the war that the normal realtor conducts everyday business. Real estate is still largely a paper-based industry. Realtors carry around massive binders full of listing info and pictures and massive Excel spreadsheets full of information. REScour is helping realtors ditch the paper.
REscour was built out of frustration with the current state of information sharing in the multi-family investment industry. Professionals were tired of listings flooding their inboxes and spending way too much time manually building an Excel spreadsheet to keep track of it all.
REscour is a private online community that was specifically developed for multi-family institutional real estate investment professionals to gather, organize, track and share information. We provide accurate and continuously updated listings so that our customers can increase and easily track their deal flow and therefore close more deals! 1
Not only has REScour built a platform to eliminate the commercial real estate industry’s reliance on paper, the platform is beautiful and incredibly easy to use. We had a chance to speak with the REScour team at the Advanced Technology Development Center (ATDC) Technology Showcase. We learned a bit more about the platform and why it was built: