COMPANIES
What I’m Building (and Backing)
Every business I’m involved with exists to solve a real, persistent problem in real estate.
Some I’ve founded. Others I’ve invested in because I believe deeply in their mission.
Despite widespread acknowledgement that real estate is a relationship business, the infrastructure that makes relationship-driven revenue generation predictable at scale has never existed as a cohesive whole.
So we built it.
Making Relationship-Driven
Revenue Predictable
Real estate has always been a relationship business. What has never existed is infrastructure that makes relationship-driven revenue predictable at scale.
Until we built it.
REIS builds the factual record of why agents choose their brokerages and tracks their sentiments over time.
Since 2021, it has been providing actionable data for improving retention and recruitment.
Good data leads to good decisions.
BUILT is a seven-week implementation experience. Participants come with contacts and leave with a referral business.
Brokerages and brands leverage BUILT for measurable results in production, retention, and recruitment.
AI-optimized messaging platform that integrates with all major CRMs.
Every message in the agent's own voice, and every reply directly back to them. Built on fifteen years of reply behavior across 42 million relationships.
Branded, single sign-on dashboard that brings all your existing tech, tools, and third-party systems into one secure dashboard.
Goodbye chaos. Hello simplicity.
Leadership sees adoption and usage by brand, office, managing broker, team, agent, and product.
AN OPEN RANT AGAINST FAILURE IN REAL ESTATE
WE CAN AND MUST DO BETTER
80%
of new agents quit
within 12 months of
Being licensed
87%
of the industry
churns every
five years
71%
of brokerages operate at
or within 3 points
of Break even
To the people running real estate at scale,
The real estate industry has normalized failure so thoroughly that nobody finds it remarkable anymore.
Eighty-seven percent of our entire industry churns every five years. Eighty percent of new licensees quit before their first anniversary. Seventy-one percent of brokerages operate just above or just below break-even, every quarter, year after year. All of this in the single greatest wealth-creating industry on earth.
Only in real estate can we stand so close to an ocean of prosperity and fail to get wet.
The consumer has not abandoned the industry. Per NAR, 63% of sellers and 41% of buyers still choose their agent by relationship, numbers that have barely moved in a decade despite every technological disruption aimed at replacing them. The opportunity has always been there. What has never existed is the infrastructure to capture it reliably.
Fifteen years ago I started measuring what actually creates opportunity for real estate agents. What we found is that conversation leads to closings. Actual human beings writing back to their agent after months or years of silence. A phone call, a text, an exchange on social media. Forty-two million genuine relationships later, the data is clear: for every twelve people who truly know and trust an agent, two transactions per year are already waiting. An agent with 200 real relationships has roughly 33 transactions available every year, without buying a single new lead.
Meanwhile, the industry generated an estimated 300 million digital leads for 4.3 million transactions last year. In 2014, that ratio was roughly one to one. Agents are now spending 30 to 40 percent of their commissions buying noise from the same platforms making it harder to be heard, while the relationships that would have paid them for free go untended.
Generative AI is making this the defining business problem of the next five years. Every channel is flooding with cheap content. Audiences are learning to ignore anything from someone they do not already trust. In that environment, a genuine relationship is not just valuable. It is the only thing that still cuts through.
What we have built closes the gap between knowing real estate is a relationship business and actually running it like one, from the newly licensed agent to the international brand.
No matter where you are in your real estate journey, the data is clear. Those who seize the moment will have a durable competitive advantage long into the future. I'd like to explore that with you.
Use the link below to book a confidential conversation with me and we'll talk soon.
Dan Stewart