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
 Robert Morse, executive chairman of Bridge Investment Group, one of the major Opportunity Zone investors focusing on real estate.  (Bridge, Stanford)

Opportunity Zone investments got a boost in 2020

Opportunity Zone investments got a boost in 2020
333 Johnson Avenue with Royalton Capital’s Jin Lee, Sciame Construction's Frank Sciame and Normandy Real Estate Partners' Finn Wentworth (Royalton Capital, Sciame, Normandy)

Normandy sued by former partners for hiding Netflix deal

Normandy sued by former partners for hiding Netflix deal
Fabric co-founder, CEO Elram Goren (Getty, Elram Goren via LinkedIn)

Startup wants to bring “micro-warehouses” to vacant retail

Startup wants to bring “micro-warehouses” to vacant retail
Security around Trump Tower to be reduced after 45th POTUS leaves office. (Getty, The Trump Organization)

Fifth Avenue will look different after Trump leaves office

Fifth Avenue will look different after Trump leaves office
(Getty, iStock)

Booster shot: NYC real estate sees salvation in vaccine

Booster shot: NYC real estate sees salvation in vaccine
Before the pandemic, national tenants paid 94 percent of rent. (Getty)

Retail rent collections rebound to 90%

Retail rent collections rebound to 90%
arrow_forward_ios

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

Loading...