New York, NY, August 17, 2021 (GLOBE NEWSWIRE) – Propertymate, a startup that digitizes new home buying in the United States, has announced the launch of a new platform for real estate buyers. Previously, Propertymate only targeted real estate agents who needed access to the new construction inventory.
How AI Startup Helps People Find New Homes
Newhomesmate is an AI platform from Propertymate that connects new build buyers with developers and real estate agents. Artificial intelligence helps analyze buyers and real estate data and predicts which homes and communities will be of most interest to customers. Currently, Propertymate has launched two local sites newhomes-austin.com in Austin (TX, USA), newhomes-houstontx.com in Houston (TX, USA) and plans to expand into two more cities.
“Despite COVID, the new real estate market in the United States is experiencing a real boom. We are seeing even greater demand for our service, so now we plan to expand to Dallas and Phoenix over the next six months. Propertymate aims to become the best platform to find, compare and buy new builds in the United States, ”said Propertymate CEO Dan Hnatkovskyy.
When the COVID-19 pandemic began, real estate developers cut marketing costs and started looking for alternative sales channels, such as Propertymate, because the platform only charges builders a commission if customers have concluded the transaction. For this reason, the number of Propertymate clients among developers has grown over 65 times since March 2020. They include major home builders like Lennar, DR Horton, Taylor Morrison and Pulte Homes.
Propertymate is a New York-based startup that helps homebuyers research and compare new residential construction. The platform aims to digitize and simplify the new construction transaction process by matching buyers with builders and home agents. In 2020, the startup graduated from the Techstars acceleration program in Austin. In 2021, Propertymate raised $ 1 million in the Pragmatech Ventures funding round.
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