Why Real Estate must learn from the mistakes of the banks

Financial services and retail industries are obsessed with single customer view. Having a holistic view of your customers and being able to provide them great customer experience – with good reason – you hate having to answer the same questions 1000 times!

The last 15 years has been a relentless drive for better customer experience, increased sales and better customer retention through data. So why is the real estate industry so behind, why do we not share this obsession with consolidating our data and leveraging its value? How can we learn from other’s mistakes and find a new source of competitive advantage?

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Travtus nominated in first ever EG Tech Awards

The EG Tech Awards celebrate’s both the tech firms powering the digital innovation taking place in the real estate sector and the property firms that are working hard on their own transformations.

EG is recognising the property companies embarking on their future-proofing strategies and the tech firms that are enabling this all-important shift at a single event.

And Travtus has been nominated!

Defining Alpha in the World of Real Estate Technology

In the world of investing and portfolios, the term Alpha is used with a lot of gravitas. It often conjures up images of the Wolf of Wall Street. Intelligent men in suits taking home multimillion dollar bonuses with a life exemplified by models and bottles. Alpha is a quality that is aspirational and inspirational. In the economic definition of the word it is what makes someone’s performance exceptional. Alpha is the secret sauce of a winner. It is what makes them stand above the rest.

In portfolio return analysis, all excess returns are attributed to two coefficients an Alpha or a Beta. While beta is the well-established coefficient for risk and volatility which has now been defined as a science, alpha still is just calculated based on the difference between the what was achieved and expected. A bit like a filler. Alpha is what goodwill is on a balance sheet. A number that helps us define the unknown.

The question is, how real is Alpha?

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