We talk with Oliver Alexander, founder and CEO of Prophetic, about why AI suddenly became a must have in proptech and how searchable zoning data changes land acquisition. We share the founder lessons behind Orchid Health’s early pivots and what it takes to make AI trustworthy enough for high stakes real estate decisions.
• A practical definition of proptech as any technology that improves a real estate outcome
• The market’s rapid 180 from avoiding “AI” to actively shopping for it
• Oliver’s early entrepreneur stories and what they taught him about building
• How Orchid Health survived a demand shock by pivoting to a new reimbursement model
• Why real estate stayed behind on software adoption and why that is changing fast
• How home builders use AI land acquisition to move from reactive to proactive sourcing
• What brokers keep that AI cannot replace, plus the pricing reality of brokerage tools
• The hardest part of zoning automation, including hallucinations, incompleteness, and constant updates
• Why rezoning and variances make “rules” more flexible than outsiders expect
• Predictions for faster entitlements and shorter deal timelines driven by AI
• What Prophetic is building next, including multifamily site planning and council agenda intelligence

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To learn more, visit proptechespresso.com.