PropertyShark was founded by
real estate investor and software developer Matthew Haines following his work on renovating a five-family brownstone in
Harlem. The initial website launched on
New Year's Day in 2003 and was first named MatthewHaines.com and later changed to NYCpropertyresearch.com. Haines reportedly created PropertyShark to make real estate data more accessible and help potential homeowners become more comfortable in investing in the neighborhood. By 2006, PropertyShark evolved to include 20 million properties in 16 markets across the U.S., including New York City. Stanford exited PropertyShark in 2010 Matthew Haines continued as vice president of the company. The acquisition by Yardi Systems aimed to expand PropertyShark's database nationally. Since the acquisition, PropertyShark has developed several additional services for real estate professionals, gathering data from various public and proprietary sources to provide property information. For example, in 2019, the company launched Platinum Real Owners Behind LLC Owned Properties, which helps users identify the true owners behind
LLCs. == Business ==