PropTech AI Economics
Real estate technology carries unique R&D challenges: massive data integration surfaces, legacy MLS systems, AI valuation accuracy requirements, and IoT infrastructure debt.
Property Data Integration Debt
MLS feeds and tax records use different formats and update frequencies, requiring dozens of custom data pipelines.
Average PropTech: 15-30 data source integrationsValuation Model Economics
Automated Valuation Models (AVM) require continuous retraining, data enrichment, and model drift auditing at scale.
Model retraining: $50K-$200K per cycleLegacy MLS Infrastructure
The real estate industry relies on legacy MLS systems. Migration from RETS to RESO APIs is complex and high-maintenance.
RETS → RESO Web API migration: 6-12 monthsSmart Building IoT Debt
Commercial PropTech manages thousands of IoT sensors. This creates unique firmware, security, and hardware debt.
10,000+ devices = massive IoT debt surfacePropTech R&D Audit
Quantify your data integration debt, valuation model economics, and IoT infrastructure costs.
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Richard Ewing — AI Economist & Capital Auditor