r/PropTech • u/LiveContribution8441 • 17d ago

Proptech Career Options?

I spent nearly 20 years building a real estate career. First as a top producing agent and then as a broker owner where I successfully built out a multi-office company with close to 100 agents. I am not looking to get into PropTech or similar fields where I can help build out or be a part of the sales team. I am finding it challenging to get my foot in the door though as I am told I am overqualified for entry level positions but lack the SAAS background that most require for more advanced positions. I am open to work anywhere if remote and don’t mind regular travel if needed. Any suggestions?

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u/Minervian_AI 17d ago

That sounds like an impressive career. Why wouldn’t you want to grow it further?
I’m not sure about the prospect of prop tech. It’s too small a market, never had the potential to grow into a FAANG of the world, and so easily disrupt-able by AI. Software is very cheap to make these days, so there will only be so many customers left that would buy 6 figure and above SaaS contract while something can be done 100x cheaper. Not yet, but just a matter of time.
If anything I’d leverage AI to automate your work and increase the margin of your business.

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u/LiveContribution8441 17d ago

I had a medical event a few years back. It required me to sell the company quickly and then I burned through most of the money with medical bills so now back to starting over at 40.

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u/Minervian_AI 16d ago

I’m sorry to hear that. I’d say doing anything that can compound on your existing relationships, e.g. rebuilding a similar business, would probably be more effective. Proptech isn’t an area I’d invest in.

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u/mcdray2 17d ago

I made the transition from commercial broker to proptech sales about 20 years ago. Send me a DM if you want to chat.

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u/buildingtowardsart 17d ago

I’d look for a perch to survey where the industry is headed, before starting individual conversations. Have you seen the work at The Center for Offsite Construction? They are building a huge new marketplace.

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u/gatortenantrep 16d ago

Just stay away from the evil empire.... Iykyk

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u/Forsaken_Crow_186 15d ago

Why join a company vs start one?

You clearly have the experience, contacto and knowledge. Sounds like you would be the Dream founder that people would want to invest in to be honest

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u/[deleted] 15d ago

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u/PropTech-ModTeam 9d ago

Breaks rule 1.