President Maureen Waters talks about the next step for Ten-x Commercial

February 19, 2019
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Maureen Waters, the president of online real estate marketplace, Ten-X Commercial, says she's begun reading Subscribed by Tien Tzuo and has come to the conclusion that subscription economy will be integrated into her platform in the near future.

Ten-X manages almost $53 billion dollars of commercial real estate transactions according to its website, and with just over a month as its new president, Waters wants to take it to the next level.

Ten-X provides an online real estate marketplace allows people to buy and sell commercial and residential real estate properties online using desktop and mobile technology. It buys and sells residential and commercial properties.

Ten-X lets buyers, sellers, and real estate professionals search, list, and transact properties completely online. Jeffrey Frieden, Monte Koch, and Robert Friedman founded Auction in 1990 that became Ten-X in January 2016, with its headquarters is in Irvine in California.

According to RE:Tech, a real estate tech research agency, the proptech industry received over $12 billion dollars of investments in 2017. And Waters is sure that with the growing investment in the industry, more opportunities will be available for women. As an advocate of the Nike slogan, “Just Do It”, Waters believes that her industry is ripe for women ready to build their own unique plan to get in.  Just like she did.

Before heading Ten-X, Waters was head of real estate and asset management at Bill Gates Investments.  Along with her over 25 years of experience in commercial real estate, including 15 years at Cushman & Wakefield, her experience at Gates paved her transition to leading one of the world's largest proptech platforms.

Maryann Reid:  What are some advantages about being one of the few women in proptech? How does it benefit you?

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February 19, 2019

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