Hutly: Solving Real Estate Challenges with Smart Contracts with Jeremy Hastings

Episode Summary:

In this episode of Fintechfun, host Chris Titley delves into Jeremy Hasting's journey from the food industry to the founding of Hutly, a fintech company revolutionising real estate transactions. From tackling the challenges of property management to implementing smart contracts for more efficient processes, Jeremy shares insights on navigating the dynamic landscape of the real estate market. The discussion also touches on Hutly's strategic partnerships and plans for future growth, including the integration of new technologies and services.

Key themes explored include the impact of COVID-19 on the real estate market, the role of Hutly in streamlining real estate transactions, and the intersection of prop-tech and fintech in driving innovation and efficiency in the industry.

Key Takeaways:

• Hutly's inception stemmed from Jeremy's personal experiences with property management challenges and a vision to provide safe and stable homes for all individuals.
• The company's shift towards smart contracts and web-based technology has enabled a more efficient and compliant approach to real estate transactions.
• Strategic partnerships, such as the collaboration with the Real Estate Institute of Victoria (REIV), have fueled Hutly's growth and success in the market.
• Hutly's expansion into new services like Hutly Pay showcases the company's commitment to addressing inefficiencies in real estate transactions and enhancing user experience.
• Jeremy's involvement in coaching AFL for Under Nines highlights his dedication to community engagement and fostering positive interactions beyond the business realm.

Notable Quotes:

1. "Everybody deserves a safe, stable, and certain home, no matter what their circumstances are." - Jeremy Hastings
2. "Hutly is more of a fintech company than a prop-tech, and the activation of payments on the back of our contract volume is the next step." - Jeremy Hastings
3. "We've just hired a general manager of growth and a business development manager. Now, it's time to invest in that growth." - Jeremy Hastings
4. "The strategic partnership with REIV has increased subscriber base by 47% and revenue by 26%, focusing on member-first technology." - Jeremy Hastings
5. "I feel obligated to support Melbourne Demons due to family connections and the strong community culture of AFL." - Jeremy Hastings

Resources:

• Hutly Website
• Real Estate Institute of Victoria (REIV)
• PropertyData.com.au
• Morningside Panthers AFL Club

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