โข Real Estate Marketplace Reali Secures $2 Million Seed Round From Top Investors โข
Reali (http://www.reali.com/), a real estate technology startup, today announces the launch of its real estate marketplace that matches buyers and sellers at a fair price, by empowering users with modern tools and leveraging their mobile lifestyles in new and inspiring ways. Reali is also announcing a seed round ofย $2 million in funding from top Silicon Valley investors.
Reali was founded in 2015 byย Amit Hallerย andย Ami Avrahami, experienced real estate developers and high-tech entrepreneurs, with a mission to create a seamless, transparent and efficient real estate experience.ย Most advances in real estate to date have focused on sections of the business or transaction. Reali is the only company to reinvent the entire model, from curiosity to close, for aย market that generatedย $190 billionย in revenue this past year according to a report from First Research.
Innovative Reali App Offers Complete Solution for Home Buyers
As a true game-changer and full service real estate broker, Reali is introducing a scalable model that can be quickly launched in new markets. With its innovative app, as well as a back office platform focused on expert customer service, Realiโs solution offers homebuyers a unique experience in lieu of a traditional agent. App users benefit from a comprehensive set of features, from search and analysis to transparent in-app bidding and through live expert chat. In addition, Realiโs end-to-end transaction model captures unique and relevant data that analyzes every step of the home buying process.
โWeโre excited to launch Reali in Silicon Valley โ a hot real estate market ripe for disruption and change,โ saidย Amit Haller, Realiโs co-founder and CEO. โOur experience in both the technology and real estate industries has given us a unique perspective to reshape the home buying and selling process with a new offering for consumers.โ
The benefits of using Reali:
- Lower fees and cash back-ย A full refund of the buyerโs agent commission (typically 2.5%) is paid back to the buyer. The sellerโs commission is reduced to just 4%, saving tens of thousands of dollars in certain markets
- App- Realiโs iOS offering provides a better and more transparent experience for buyers than the traditional process, with search & analysis of available homes, open bidding, paperwork submission, offer submission and much more.
- Innovative buyer experience โ Bluetooth beacons guide you through an available home, Reali experts available via in-app chat, open house on demand and other modern conveniences.
- Full brokerage service & warranty to both home buyers and sellers.
Starting today, Reali will introduce offerings in selectย San Francisco Bay Areaย real estate markets, such asย Palo Altoย andย East Palo Alto. A demo house, located in downtownย Palo Alto, allows local buyers & sellers to experience the Reali difference first hand.
Within several weeks, Reali will expand its offerings to additionalย San Francisco Bay Areaย real estate markets, such asย Mountain View,ย Menlo Parkย and Los Altos.
Investors in the seed round include angelsย Oren Zeev,ย Warren Weissย andย Yuda Doronย and firms Liquid2 Ventures led byย Joe Montana,ย Mike Millerย andย Michael Ma, and Dragonfly Investments Group. The capital raised will be used to grow the companyโs engineering team and expand into new real estate markets.
For more information and to download Reali from the App Store, please visitย http://www.reali.com/
About Reali
Founded in 2015, Silicon Valley-based Reali is a real estate marketplace that matches buyers and sellers at a fair price, by empowering users with modern tools and leveraging their mobile lifestyles in new and inspiring ways. Realiโs founders, Amit Hallerย andย Ami Avrahami, are the team behind Dragonfly Investments Group. To learn more about Reali, visit us atย http://www.reali.com/.
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