WATCH: PropertyShark’s Matthew Haines on data competition, why the firm’s offices are located in Romania and more

New York /
Aug.August 08, 2018 03:00 PM

The online database PropertyShark, founded in 2002, has long been a go-to source for New York City real estate investors looking for information about properties.

The company’s founder Matthew Haines sat down with The Real Deal‘s Konrad Putzier to talk about its early days, the firm’s sale to Yardi, new competition from data companies like Reonomy and his decision to move to Romania.

“The good programmers wanted to work for Goldman Sachs so I started working with people over the internet from around the world,” Haines recalled. “I had a lot of good experiences with one particular programmer — his name was Alexandru — and one day I asked him, ‘Where are you from?’ and he said, ‘Romania.'”

Less than three months later, Haines opened an office in the Romanian city of Cluj with a total of eight programmers.

Today, the firm employs 150 workers in Cluj, though Haines does plan to move himself back to New York. The PropertyShark vice president also sees a future that includes a heavier investment in data analysis.

“Up until now PropertyShark has been the website you go to when you want a dump of all available public record information. It’s like drinking from the firehose,” he said. “But PropertyShark hasn’t analyzed the data for you. We are changing that.”

To see the full interview, check out the video above.

Video produced by Jhila Farzaneh


Related Articles

arrow_forward_ios
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
What will proptech look like in 2019 and beyond?
The Observation Deck at Hudson Yards (Credit: Adam Pogoff)
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
Terreno Realty CEO W. Blake Baird and an aerial of the property (Google Maps)
Terreno Realty pays $44M for NJ industrial site
Terreno Realty pays $44M for NJ industrial site
Madison Realty Capital Co-Founders Josh Zegen and Brian Shatz with a rendering of the River North development (Madison Realty Capital, FXCollaborative)
Madison Realty’s altered plans for SI complex approved
Madison Realty’s altered plans for SI complex approved
Pandemic forces mom-and-pop landlord to sell out
Pandemic forces mom-and-pop landlord to sell out
Pandemic forces mom-and-pop landlord to sell out
PBC's Eli Elefant and 452 Fifth Ave (PBC)
Elefant’s PBC to liquidate $2B in US real estate, including HSBC building
Elefant’s PBC to liquidate $2B in US real estate, including HSBC building
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
Chinese developer willing to sell Manhattan supertall site at big loss
SL Green CEO Marc Holliday, Chelsea Piers Fitness CEO David Tewksbury and One Madison Avenue (Getty, SL Green)
Chelsea Piers is coming to SL Green’s One Madison
Chelsea Piers is coming to SL Green’s One Madison
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...