Basic Info

Name:
Andrew Weinberger
Contributor Status:
Native AdVantage
Initial Contribution Date:
06/04/2019

Career Info

Primary Industry:
Real Estate, Technology
Personal Career Headline:
Founder & CEO, PropertyClub

My Native AdVert

Career Snapshot:

Im the founder and CEO of PropertyClub, a real estate startup thats focused on shaking up the real estate industry by creating a transparent marketplace for real estate listings and rewarding buyers and renters with cash and crypto rebates and rewards.

My Native AdVantage

What do you do best?:

Im an out of the box thinker and very good problem solver. It doesnt matter what the problem is or if I have the knowledge to solve it directly as Ill always be able to find a solution. For example well get close to deadlines for new product launches and might encounter delays in design or development and even though I have no formal training in either field I always find a simple solution.

What makes you the best version of yourself?:

Im highly competitive and am ready to do whatever it takes to win, even if that means admitting failure. Naturally that means Im very confident, but the key to my success is recognizing my mistakes and correcting them quickly. Im not afraid to admit that I fail or make dozens of mistakes each week. But at the end of the day thats much better than making only one or two huge mistakes that sink your business, which is quite commonplace.

What are your aspirations? (Personal and Business):

My most immediate business goal is to get to 1,000,000 organic visitors each month. Were very far from that, but hitting that will be the biggest challenge and in turn make everything else achievable. On a personal level my biggest dream would be to found a University. I think our education system is failing and really want to do something to change that.

Favorite People/Role Models?:

I wouldnt say I have a role model. Im simply myself and thats great, but in business Im a big fan of Jeff Bezos as well as Julie Wainwright as theyre both solo founders who stuck to their guns and executed, even when faced with adversity.

Outside of that Im an avid reader and a big Tolstoy fan.

Favorite Places/Destinations?:

Prague is my favorite city as the history, architecture and vibe is simply incredible. Theres also something really special about the southwest. My wife and I fly out there each year to hike and enjoy the incredible natural landmarks and beauty. Its always one of the highlights of our year.

Favorite Products/Objects?:

Ive been in love with Coca Cola since I was a kid. Besides the fact that I always preferred it to Pepsi I remember being told the story of how the president of Coca Cola wanted all US troops in WW2 to be able to drink a coke and how they opened new plants all around the world to make it happen. That really struck me as amazing. I also cannot live without my iPhone and MacBook and am a big fan of BMW, Isaia, and A. Lange.

Current Passions?:

I like to cook and am big on cars. Its a shame that the NYC lifestyle hampers both as I rarely have time to cook and keeping a track car in NYC is prohibitively expensive.

What Else To Know

Tell Us More:

How did you get into the industry?

My entry into real estate was somewhat unexpected. My wonderful wife-to-be and I eloped while we were visiting DC, and she more or less gave me an ultimatum- get a job in NYC that didnt involve travel (as I was mostly doing consulting for some international firms at the time that had me flying over 150k miles per year). Real estate was a natural choice considering I had always been interested in the business and was able to get licensed and start bringing in a paycheck within a few weeks.

Any emerging industry trends?

Theres a lot of pressure for change in the industry as the existing models are outdated and dont serve consumers well. Nobodys really happy with the overall experience from how you search for real estate to how cumbersome it is to complete a transaction to the high fees involved and there are a lot of companies in the space trying to disrupt different facets of the business. The most exciting to me are companies that are improving the end user experience when it comes to searching for homes as well as those that are lowering costs to consumers either via rewards, commission rebates or flat fee listing services. This means that there are a lot of opportunities out there, but the main challenge is creating a platform with enough marketplace liquidity. Its easy to build the tech to solve the problem, but for it to be valuable and effective you need enough supply and demand, and the real challenge is in acquiring both. This is really where every real estate startup fails. They might build an excellent product from a technical perspective, but without solving the chicken or egg problem theres essentially no value in their solution.

What’s next for the Business in the near future?

Were about to launch a roommate matcher and room marketplace. Its unique in that were the only end to end solution where roommates can match and then search all available inventory. Usually roommate sites only have some rooms available and roommates will have to go to a big listing portal like PropertyClub to search for listings after finding a roommate.

A Day in My Life:

What do you love most about Your City?

The best thing about NYC is simply the incredible amount of opportunities the city offers.

Favorite breakfast meal & restaurant?

Im not really a breakfast person. Usually Ill just have 3-4 eggs, scrambled.

What are you doing at:

6:00 AM Im sound asleep at 6. I get up around 7:30, answer any urgent emails, go through my morning routine, have a light breakfast with my wife, and am at my office by 8:30.

10:00 AM – I spend my morning and early afternoon on emails and calls. They could be with customers, investors or even my dev team.

2:00 PM – I usually grab a late lunch around 2pm. Pisillo is one of my go to spots. If I have a lunch meeting however its usually either Schilling or Harrys.

7:00 PM – Im usually just getting home around 7 and will either have dinner then or hit the gym.

11:00 PM – Im typically on my computer doing research or work or if its an early night I might be reading.

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