By Roland Li
When Dan Slaven was pursuing real estate deals for his company, Silverado Interests, he found himself unsatisfied with existing networking tools. Slaven, who is based in Texas, sought to create a network for all commercial real estate professionals and improve efficiency.
“The idea is, create deal flow, building up network opportunities to see deals at all stages,” he said.
After extensive development with a technology company, RealEstateDealSheet.com launched earlier this year. Users create profiles on the site, uploading pictures, resumes and forming connections with potential partners. They can then share deals using the site’s tools, filtering privacy settings for a select group, or opening a deal to be publicly searchable.
Users can filter their privacy settings and allow only specific people to see their deals.
The site also uses website traffic analytics to track referrals, clicks and other data.
The site now has over 112,000 deals in its database, with over 500 companies represented after two months, encompassing 44 states and nine countries. An additional 45,000 invitations have been sent to real estate professionals. Slaven hopes to double membership within six months, and one of his biggest targets is New York City.
Slaven has a broad user base in mind, seeking brokers, developers, equity partners and tenants, and deals that involve office, hotel, multifamily, development sites and student housing. Users can demonstrate their experience by displaying their credentials and experience on their profile.
“Not many people have focused on the social networking side,” said Slaven of other sites.
Another benefit, he said, is that users can update deals in real time, uploading documents such as a copy of a lease or a rent roll as a deal moves forward. Users can even upload and embed videos of themselves to pitch deals directly.
Membership is one year, for $60 per month. Currently, a 45-day trial membership is being offered.
