Steignet launches to address Atlanta's real estate market

January 14, 2020

Chess master jumpstarts his own BRB real estate buying and selling platform backed by AI power.

In recent years, Atlanta has seen the emergence of a bustling housing market that earns its name as a real estate hub. It is, after all, one of the cities expected to be the most successful market of the year, according to a recent Zillow survey. But many forget, this wasn’t the case a few years ago.

A.J. Steigman, Founder of Steignet, said:

“Atlanta is a fantastic city. I’ve always been pro-Atlanta, even when it wasn’t in fashion to do so. In 2013, a lot of people thought I was coming out of left field for wanting to buy one off units in Atlanta. I ended up proving that my hypothesis was correct. The growth here has been phenomenal.”

Steignet, an Atlanta-based B2B real estate arbitrage platform startup, mines, consolidates, triangulates and utilizes both real estate and non-real estate data sets to find the best deals with the power of AI and pattern recognition. Steigman said his business automates a lot of processes to be more efficient.

“Our system finds the needles in the haystack,” Steigman said. “The platform can provide that real-time intel to our clients.”

But Steignet isn’t Steigman’s first success–not by a long shot. Hailed as a child prodigy in the chess world, Steigman was an international chess champion for eight years in a row. It was playing the game of strategy that helped him hone in on pattern recognition, which led him to his business ventures. In 2014, his company Soletron, a social networking and e-commerce platform in lifestyle retail verticals, had a successful exit with online streetwear retailer Karmaloop. He even spent some time on Wall Street as an investment banker for Merrill Lynch

Read more here

Property Portal Watch Bangkok Conference 2020, Feb 26-27

January 14, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Untitled Design 17
REA Group Delivers Strong Q3 Ahead of Anticipated Increase in Domestic Competition

The Australian real estate portal operator REA Group grew revenue by 12% year-on-year for the third quarter of its financial...

Read More
Costar Domain 1
CoStar to Acquire Domain for $1.92Bn Subject to Shareholder Approval

CoStar has agreed to acquire Australian property portal Domain in a deal worth A$3 billion (US$1.92 billion), including debt. The...

Read More
Opendoor 2
Opendoor Narrows Losses and Expands Agent Partnerships Amid Market Challenges

The U.S. iBuyer, Opendoor Technologies reported its first-quarter 2025 financial results, showcasing some small progress toward profitability despite a slight...

Read More
10Qs With Directimo 3
10 Questions with Matei Malos, Founder at Directimo

"This isn't your average chatbot. Our AI is a sophisticated contextual intelligence system trained on real transaction data, private market...

Read More

Editor's Pick