PropTech solution Compass closes $450m investment from SoftBank
Real estate technology platform Compass has closed a $450m investment from SoftBank Vision Fund, making it the largest US PropTech investment.
What is PropTech industry?
Learn about the accurate meaning of ‘Proptech’ and its advantages from CuSearch! It is nowadays an essential part of the real estate sector as it is quicker, more efficient, and more secure.
Stay tuned for upcoming CuSearch results!
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Inside the Compass Tech Platform
Compass has built a software platform that allows top agents to run their entire business in one place. Watch this video to hear directly from them as they walk you through demos of the products they use every day to achieve incredible business growth. This video outlines 6 of the major areas of the Compass platform and shows you what agents had to deal with before working with the platform in comparison. Hear directly from them about how it helps them save time and serve their clients better. Unlike other companies that try to cobble together many different software tools, this is one custom-built integrated platform with a beautiful and intuitive UI. The video features demos for 6 critical business tasks:
Managing their entire sales pipeline with Business Tracker (explained by Stacey Froelich) – In one place you can manage all your pipeline. You can see your sellers and buyers activities, move them from interested to offering to close and monitor all of the marketing, open houses and notes around their activity in one place. No more spreadsheets, post-it noes, white boards or email threads. One place to manage the most critical parts of your business.
Managing all of their Marketing (explained by The Wilhelm Team) – Marketing Center allows Michael and Nicole to manage all of their listing marketing and build a powerful team brand. In minutes they can create and send social posts, emails, videos, brochures, postcards, open house one sheets, email signatures and more. Every aspect can be customized in the tool. In addition they have thousands of pre-made designs to choose from at the click of a button. No more need for all the time intensive work of managing the uploads of your listing photos – they are automatically pulled in by simply typing in the property address.
Recommendations (explained Roy Towse) – Leveraging publicly available data, the AI team serves up recommendations to each agent based on the contacts in their database and helps them serve their clients more effectively through personalized automated communication. This helps our agents provide even better service to their clients.
Comparative Market Analysis tool (explained by Ben Paras) – No more trying to compare properties in spread sheets! This powerful and intuitive tool helps agents create a beautiful digital report for sellers that helps them price their home and uses AI recommendations for home improvements to show how they can maximize the value. There is nothing like this in the industry thats gives a seller this kind of intelligence when identifying what your home is worth.
Collaborating with buyers and going on tours (explained by Jessica Sigmund) – With this seamless experience agents can share homes with their clients, keep all the comments in one place, and then easily create a tour on a weekend to see a list of homes. This is a must watch to see how complex this used to be for agents and how easy the Compass platform makes this – creating a delightful experience for both the agent and their client.
All of the Compass technology is built in-house by the 1000+ person product and engineering team. Coming from the best tech companies in the world from Apple, Google, Amazon, Microsoft and more they work across engineering hubs in NY, Seattle, Washington DC and Hyderabad India.
Tax on Rental Income x Federal Budget 2022-23 | Part 9 | Ghous Qadri | DAO PropTech
The federal budget is a pivotal element to how we make decisions. Not only does it provide a roadmap, but with respect to real estate, it helps buyers make important investment decisions. In this series, watch Ghous Qadri, Private Equity & Investment Adviser explain how it impacts us at large and what steps we should take to safeguard our investments.
With DAO PropTech, you can start your journey to real estate ownership and investments completely transparently, and with full trust and accountability. Call +92 314 326 7767 or visit daoproptech.com
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Meet Huspy: the proptech startup that raised $37 million
We’ve got big news to share! Huspy has raised $37 million in our Series A funding round led by Sequoia Capital.
We’re so excited to have the support of Founders Fund, Fifth Wall, Chimera Capital, Breyer Capital, Venture Friends, COTU, Venture Souq, and BYVenture Partners as we embark on this next chapter to build the future of home buying across the region.
For more on the news: https://techcrunch.com/2022/06/20/sequoia-capital-india-and-founders-fund-back-uae-proptech-startup-huspy-in-its-37m-round/