You can try to be a jack of all trades. But as the saying goes, this will doom you to be the master of none. In today’s hyper-competitive tech market, you can’t afford to spend years rebuilding the wheel, not when you can rent one instead.
Our calc engine is meant to help power your system, your dreams. Our goal every day is to create the best real estate calcs. Why would you try to re-create the wheel when you can call our API and have everything you need, but built in a Cloud Native, fast, responsive library of APIs.
This means you can build the world’s best appraisal writing software, broker package builder, market data aggregator, AI-driven valuation tools, etc, and sell it to hundreds or thousands of customers. You will get to market years faster, with millions less in cost, and ownership dilution. We think this is wonderful, as it means you will be our partner for decades to come.
Rockport’s products have been used by the best in the business since 2006. Trillions of dollars of loans have been analyzed, originated, securitized, surveilled, or asset managed by the largest financial institutions in the world. This has built a battleship set of an application and underneath it a killer calc engine and set of CRE-specific routines. The enormous economies of scale that get created in producing a SaaS product means we can invest tens of millions of dollars into building the best products because we then have hundreds of clients across our product ecosystem. We can hire the best engineers around and have a dedicated security team. In the same way, AWS can sell you computing power at a fraction of the cost to own, so can we with CRE systems.
Your choice is pretty appealing. Your users want this type of computational power, and probably want it yesterday.
You can spend the tens of millions that we spent and take years (if you are talented and get it perfect on the first try). And when you are done… you’ll have what we have.
Or you can realize that CRE calcs are no different from AWS/Azure/etc and can rent our engine and be up and running next quarter!?!
You make the call.