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.
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