Audantic Real Estate Data & Analytics at AAPL Conference

Audantic Real Estate Data & Analytics at AAPL Conference


– Hey, my name’s Chris Richter. I’m a co-founder at Audantic. We are a data analyst company. We help lenders to identify
what’s going on in a market, to see their competitors and dig in, see what their competitors
are doing, all their deals, and also identify investors in the market that might be a good fit, based on how many deals they’re doing, where they’re doing them,
what their margins look like, the type of transactions they do, so that they can go in and make sure they’re going after the right
people at the right time. So, let’s say that I’m a lender and somebody walks into my office. And they say, hey, I’m
Johnny Clostenhammer, I do a lot of deals, you
should give me a good rate, got a lot experience. Someone might quickly log in
and do an investor deep dive and, you know, couple clicks of a mouse, they can pull up every single
transaction that person’s done all their mailing addresses,
all their LLC names, their margins, how their margins compare to the rest of the market, how many deals they’re
bringing to the front, and how many they’re sending out the back, and really get to the
truth really quickly. So even if you have someone that you have a good relationship with, you can verify what’s going on with them. Our offices are in Seattle, Washington. And we work all over the country. So we gather and maintain about
400 million recording events from all over the country. We update it every week. You know, that always
depends on the county, but we do that for the entire country. So we have a pretty good
pulse on what’s going on in any particular market, at that time. So we started out in 2012. We were doing predictive
analytics for investors. And that grew all over the country. And so, using what we knew
about predictive analytics and investment, residential
investment in particular, we created a platform
where lenders can log in and gain really rapid
access to information that maybe before they had
to put together themselves, or they had to try and collect, maybe they knew that they
should collect and they didn’t, so that they can just quickly go in and analyze an investor or a
market or their competitors and really just pull back
the curtains on the business and see what’s going on. (dramatic music)

Leave a Reply

Your email address will not be published. Required fields are marked *