The Agile Entrepreneurship Podcast

The Agile Entrepreneurship Podcast


Connecting Real Estate Professionals with Amazon Alexa – Nishant Pant

December 24, 2019

Subscribe & DownloadListen onApple PodcastsFollow us onSoundCloudListen on       Google PlayListen on       ​SpotifyGuest: ​​​​​​​​​Nishant PantCompany / Business name: ​​NEO Local AgentBusiness web site​​​ |​​​ ​​​Facebook   | Twitter​Nishant Pant is a serial entrepreneur and his latest venture is NEO local agent, an application that connects real estate agents with customers using platforms like Amazon Alexa and Google Assistant. Prior to NEO local agent, Nishant built Trip Karma, a ‘uber’ like app for local carpools and vans. Nishant is an eternal optimist and passionate about technology.Show Notes:Nishant introduces his startup ‘Neo Local Agent’ which puts the real estate agents a voice command away from their clients by establishing a communication channel  via Amazon’s Alexa. With approximately 4,000 real estate agents already on the network, the NEO Local agent is gaining popularity.Nishant is a serial entrepreneur with his first startup built a knowledge base around local restaurants, parks etc. on iphones early on while the iphone platform was catching on. Even though that startup had 84,000 users and was catching on, Nishant couldn’t monetize it for various reasons. One reason was that competition caught on very quickly.Even though Nishant has been doing all his ventures as side hustles, he said time was never an issue as he was very passionate about all his ventures. Even though not all of his ventures did not take off, Nishant believes that his optimistic attitude carries him through. Secondly, he believes that success is nothing but a series of failures.Nishant talked about ideation and vetting initial ideas through some sort of customer adoption filter and secondly working to make sure that there is decent adoption by users. Even if there is no monetary exit, Nishant felt satisfied with user adoption like his app called trip karma which was a uber for local carppols and vans.Nishant worked extensively with media to get recognition for NEO local agent. He selected relevant real estate media and sent very customized messages to get his app recognized. After one breakthrough, 200 agents signed up for his app and that lifted his platform. Nishant gives few pieces of advice. (1) Entrepreneurship is hard so be very passionate about it (2) Always tell your story. Don’t think people will discover (3) ​Episode Transcript (Click to expand)00:02Ramesh: Hi Nishant welcome to the podcast.00:06Nishant: Hi Ramesh. Thank you for having me.00:09Ramesh: So Nishant, tell us what this agent Neo voice technology is all about.00:16Nishant: Sure. Yeah. So, you might be familiar with Amazon Alexa and Google assistant, right?00:23Ramesh: Correct, yes.00:25Nishant: Yeah. So, there are like hundred million Amazon echoes in US households right now. And although the capability right now is still evolving, like you can use it for reminders and you know, finding recipes and stuff like that. But more and more companies are getting creative about how you can use these virtual assistants, which are sitting in people's home waiting for the next command. So, what we have done with agent Neo is, if you are a real estate agent, you can sign up with us and then you get your own Alexa app, which you can give out to your clients and leads. And then from that point on, your clients can simply talk to Alexa for all the real estate needs. So, I’ll give you an example. So, let's say a client is looking for a home, they can just say, Alexa, find me a two-bedroom home in Seattle. So now you gave it two pieces of information. You need a two-bedroom home and you need the location in Seattle. So, what it will do is it will engage you in a quick conversation and it will ask like tell me what's your budget, how many bathrooms? So whatever information you give it in a natural language, it'll understand it and then it will ask you the missing pieces and then it will take that information and hand it to your agent and connect you over a phone call.