
058: Innovating Real Estate Development: LandTech's Data-Driven Approach
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About this listen
Get ready to uncover the hidden gems of real estate investing!
In this episode of Decoded REI, Mina Rickey and Lidiya Korzhuk join forces with Calum from LandTech, a groundbreaking platform that unleashes the power of real estate data. Wondering how a tweet sparked this incredible tool's creation? Curious about its impact on self-builders and developers? Stay tuned as we unravel the secrets of flood zones, wetlands, and the contrasting zoning codes in the US and the UK. And don't miss out on Caleb's exciting journey from the UK to Florida's red-hot market during the pandemic.
Calum Tansley is the Director of Revenue at LandTech and is heading up their US expansion. He joined the business in 2016 as the first sales hire and helped to take the company from $0 million in revenue to over $180 million in valuation at Series A over a 6-year period as Director of the New Business division. Since May this year, Calum has been focused on the LandTech US expansion and is overseeing all revenue functions. He is due to relocate to Florida in the coming months.
Join us for a vibrant discussion on Decoded REI, where we empower your real estate dreams!
[00:01 - 08:30] Introduction to LandTech and Its Mission
- LandTech is offers a comprehensive platform for real estate professionals
- Centralizes crucial data: ownership, zoning, future land use, permits, and hazards.
- Mission: simplify land and property opportunity evaluation for developers, brokers, and experts
[08:31 - 16:15] Exploring the Difference Between Flood Zones and Wetlands
- Flood zones indicate the risk of flooding with percentage risk
- Wetlands are wet areas like lakes, rivers, swamps, and cannot be developed
- In the US, zoning codes determine land use; in the UK, planning policy offers less detailed guidance
[16:16 - 32:07] Features of LandTech and Future Expansion Plans
- LandTech's expansion plan includes targeting high-demand metropolitan areas in the US
- Offers a multi-criteria property search and the CRM feature helps users organize property info
- Users receive proactive notifications about zoning changes and new opportunities
Want to connect with Calum? Follow him on LinkedIn. Visit LandTech, a trusted and experienced partner for niche asset classes!
Key Quotes:
"If we can simplify that and put it in one place, that saves our customers a lot of time." - Calum Tansley
"Entrepreneurship is all about identifying a market need and taking on the responsibility to create a solution." Mina Rickey
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