In our latest real estate tech entrepreneur interview, we’re speaking with Mark DeMitchell from Nestment.
Who are you, and what do you do?
My name is Mark Demitchell and I’m the founder of Nestment. We are making it easy for friends and family to purchase property together.
What problem does your product/service solve?
With skyrocketing real estate prices, people are looking for alternative ways to purchase property. Co-buying is an attractive alternative but involves a lot of moving pieces, coordination, and communication. It’s difficult to get a group of people on the same page, especially for such a big investment.
What are you most excited about right now?
I’m excited about a recent Instagram ad test we ran to gauge interest in our value prop. We ended up getting a really great response and had people signing up on our waitlist landing page. It’s always encouraging to see demand because you know you are headed in the right direction.
What’s next for you?
Raising an initial round of funding to build our MVP.
What’s a cause you’re passionate about and why?
I’m passionate about mental health and increasing access to services, clinicians, and treatment. It’s wild that trying to find a therapist in the bay area is such a daunting task. You think in a place with so much technology and being known as socially progressive it would be easy to find a therapist, but it’s insanely difficult. When you are suffering the last thing you are capable of is spending energy jumping through logistic hoops for weeks. It needs to be simpler.
Thanks to Mark for sharing his story. If you’d like to connect, find him on LinkedIn here.
We’re constantly looking for great real estate tech entrepreneurs to feature. If that’s you, please read this post — then drop me a line (drew @ geekestatelabs dot com).
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