5 Startups Changing the Real Estate Investing GameMay 02, 2022
Since the birth of the global pandemic, the real estate business has been developing at a rapid rate. With the recent market volatility, an increasing number of people have been seeking for other ways to diversify their wealth, with real estate being one of the most appealing options.
There appears to be an app for everything clients want to do, from researching houses to locating real estate brokers. Buying and selling real estate has become easier and more convenient in the previous three to five years.
Generation Home is a forward-thinking mortgage lender business that enables parents (as well as other family members and friends) to assist their loved ones in purchasing their ideal home. Generation Home provides the following services:
- A deposit supplement that allows parents to invest in their child's house.
- An income supplement that allows parents to contribute their income to a mortgage application in order to increase their child's purchasing power.
- Digital solutions available for mortgage tracking, home equity management, monthly payments, and one-click remortgaging.
Tiko is a real estate investing platform that uses big data and artificial intelligence technologies. It was formed with the intention of establishing a faster and more efficient way to buy and sell real estate. Tiko studies properties and makes offers within 24 hours, acquires houses in seven days, and resells them after they have been fixed up. All activities have been automated, including computerized property evaluation, access to a single database for all locations, and closure. As a result, Tiko is a handy and cost-effective solution for real estate investors.
Enertiv primarily focuses on commercial and multifamily buildings. The organization improves commercial real estate portfolios by using data as an asset. And, in this way, building activities are sped up. Enertiv is also migrating from manual and paper-based operations to digital and automated processes, as well as integrating real-time data to provide continuous commissioning and predictive insights.
Airbnb allows you to rent out your home. Uber allows you to utilize your vehicle to transport passengers around town. All the while, WeSmartPark converts an empty garage area in a high-priced city into a smart, monetizable parking space.
"Elise," founded in 2017 by two MIT and Cambridge grads, is an artificial intelligence chatbot that can nearly instantaneously answer potential tenants' queries regarding apartment availability, floor layouts, special prices, and other topics.
MeetElise eliminates the time-consuming paper-and-people-based rental procedure that has been used by the real estate business for decades. Overall, it hastens the process. The startup is already in use by two major property management firms, AvalonBay and Equity Residential.
MeetElise is on a mission to make affordable homes available to everyone.
These startups are changing the real estate game for the better and making it easier for everyone to invest in property. Whether you’re a first-time homebuyer or an experienced investor, these apps can help streamline the process and make sure you stay up-to-date on all the latest news and trends in the industry. Have you tried any of these platforms? Let us know how they worked for you.
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