Nate Joens - Proptech Espresso
MMallory KassoyMar 30, 2022 at 8:24 pm37min
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00:01Speaker 1
Welcome to prop tech espresso. My name is Mark Harris, the former investment banker and serial startup junkie turned real estate technologist. On each 15 to 20 minute episode you'll hear from leading entrepreneurs and industry experts on the opportunities and challenges for the rapidly changing prop tech sector. Thanks for listening today, grab your favorite beverage and let's learn something new. I guess today is Nate Jones, co founder structurally sales process automation platform for real estate agents. Prior to starting structurally made held GIS s positions at the Iowa Department of Transportation and the city of Clive, Nate attended Iowa State University where he studied city Urban Community and Regional Planning. Nate, welcome to the show.
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00:41Nate Joens
Thanks for having me on Mark, looking forward to chatting.
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00:45Speaker 1
Great, well, we will start out with my traditional question here on Prop tech espresso where I asked guests to define what prop tech means to them. And kind of the why this spectrum and the definition exists. So let me let's hear your, your thoughts on this.
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01:03Nate Joens
Yeah, so I think prop tech is just simply technology that encompasses kind of the full customer journey of someone who has real estate, I guess, in some some form of ownership, rent, buy, invest, whatever. And I think that the full customer journey piece is important. So you know, it can start from anywhere on the very front front edge from lead generation, for real estate agents, lenders, or leasing agents all the way to the back end tomorrow, you know, transaction management, closing software, and even kind of like more behind the scenes data, you know, data collection and aggregation, and other kind of quant quantifiable, you know, behind the scenes metrics to measure up the markets and things like that. So I think of it as a pretty big universe actually.
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02:08Speaker 1
Absolutely couldn't, couldn't agree more on on on that statement. Before you started structurally, you held several GIS positions, interested to kind of hear a little bit about those roles and how they influenced your perspective on on real estate.
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02:25Nate Joens
Yeah, so quick definitions. I know some people probably don't know what GIS is, but it's geographic information systems, I always used to like to say that it's like mapping on steroids. It's basically just kind of Google mapping. Your your annotating maps digitally, basically a modern day, cartographer, if you will. So that's something that I studied alongside urban planning. And there's actually a really beautiful blend of real estate and technology, because you have to understand, you know, what, what the actual like, you know, down to earth, what zoning laws apply, what can be built, how Title, titles need to exchange, who owns the deeds on properties, how those people are impacted by regulations, that's kind of the, you know, fun, government, public side of City Planning. But then on the GIS perspective, you're also like layering in that information, layering in where easements need to occur. Where zoning lies in kind of predicting, also like where you want the city to grow in, there's a lot of different kinds of hands at play here. So I think there's a lot of like, stakeholder management to which was really interesting. And you really do have to kind of think about like a city like a business. I thought that was a really fun, fun part of that. Kind of sweet, but there's absolutely no way around doing something with GIS or city planning that you can avoid dealing with real estate, or anyone in the Prop tech route because you need developers, you need builders, you need agents, you need everything in between to make everything kind of work at its core.
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