17 Fastest Growing Residential Real Estate Startups in 2019
In 2019 the Real Estate industry is a mind-bending space. Its investments have flocked the space that is growing over 10x in just a small number of years. RE/MAX, Zillow, and KW, are some of the Old Guards that are now creating a major hub to technology. Old models like Opendoor, Redfin, and Reali are now been repositioned with the new data-driven business models. MLSs witnessed crucial changes with the demise of Upstream, although Broker Public Portal earns ground.
For the time being, the real estate dealers pursue to battle for the minds and hearts of agents, brokers, franchisees, and MLSs. In a meanwhile, the predictive analytics leads industries are doing efforts to displace the traditional PPC advertising options. Chime and Brivity are making a splash with teams and contributors being the newer CRMs.
I welcome you to the list of fastest-growing and the most inventive real estate companies list in 2019.
Who is not on the List?
I usually do not involve the contributors, venture capital, builders, or REITs, rather I focus on the real estate tech supplier designed for the Realtors, brokers, MLSs, and commercial agents and real estates tech industries like Zillow and Opendoor as well.
It does not establish on credits but occupied on which companies are appointing the most. Some industries let the employees go and build revenues just by cutting expenses. Whereas, some of the companies are actually unprofitable but still involved in the list. Inc. 5000 allow you to figure out the fastest developing companies by category because it has its own list.
This list isn’t even extensive. This is what I actually figured out on LinkedIn from the companies I follow. These quantities are from the observations with a premium agreement with the LinkedIn. LinkedIn has the observations only for the industries with a minimum of 30 LinkedIn assistants. So lower companies and startups are left out.
Certainly, you need to keep this thing in your mind that the past is not predictive of the future. These industries have now developed so much in the past two years. Some are probably done with their hiring and possibly seeking to stabilize their numbers. And some companies will start making the transformation from a hot startup into an establishment pair for a longer-term.
These numbers are as of January 2, 2019
Curaytor just got back from the last list but its 150% growth had gone through then and has slowed down. It is basically a Real Estate Marketing platform which is specifically built on the personality of Chris Smith, the owner. And its main focus is on social media and Facebook. Moreover, they own the site GradeMyAds.com and is located in Boston, MA.
RentBerry has also get back from the list of last year. Their development seems to have elevated or even dropped some since then. Possibly, their proof of concept is having difficulty in gaining traction.
It allows occupants to offer on rental properties. It is a model which is not used by most of the people but it could easily take place in the competitive market.
RentBerry is founded in 2015 and is located in San Fransico, CA.
Virtuance is a residential real estate photography industry that is based in Denver. Since its being last involved, the CO has advanced its growth further. At your association trade show, you might have pitched into them. They pursue to deliver representative high quality, expand into new markets, and professional real estate photography.
It is basically the customer-facing brand of the Broker Public Portal. It is necessarily the “agent-friendly” the category of Zillow and Realtor.com. Homesnap most recently builds up 14M$ about a year ago, and ranked on No.4 on Inc 5000, the fastest developing companies by revenue in the real estate version. It is located in Bethesda, MD, and was founded in 2008
The company Rooftstock showed up in 2015. In the most recent funding round, it raised almost 7M$ in January of 2018. It is basically designed as in the category of “Zillow for investors”, where the renters can easily sell one another their rental properties. The company has gone through a slow development, but if the model can stick, then it has untapped almost billions of dollars in monetization options.
HomeLight is a San Francisco based company. It is basically the marketplace for the realtors. The sellers and buyers identify what type of house they are seeking to sell, and the HomeLight suggests the agents. These suggestions are supposedly dependent on big data analysis of local representatives’ reviews and production.
HomeLight is free for the representatives to sign up, and they can pay for the leads at closing in the structure of a 25% referral fee.
It was launched in 2011 and it last raised almost 40M$ in 2017.
OJO Labs -139%
This company assures a real estate Al bot that can act as an employee, lead nurturing IS, and even a transaction manager. This approach is certainly able to learn a purchaser’s biases through the machine understanding and initially start matching the houses that fit their requirements.
This company is located in Austin TX and was launched in 2015.
Modern Message -143%
It is for apartment managers and is specifically a cloud-based resident rewards service. Modern Message, is the software that is specifically designed to advertise and manage the resident incentives, satisfaction surveys, lease renewals, engaging your residents, and maintaining initiatives on social media. It was launched in 2012 at Dallas, TX.
Zumper is for renters and it works as a renter searching tool for them. In a month, its portal gets over 8M visitors. It involves its own tenant prequalification tool by making it free to post rental listings and drives renters adoption.
Zumper raised over 46M$ in September 2018. It started in 2012 and is based in San Francisco, CA.
It pursues orderly expanding to a new market as the current kind of the iBuyers and had a powerful 2018. Their work is to buy houses and then turn around to sell them. Moreover, they have many of the characteristics of a flipper, and their massive financial backing and technology assets simple allow them to work on the little margins, providing the house owners ruthless offers.
Opendoor was founded in 2014 and is located in San Francisco, CA.
Playing catch up to Opendoor is Offerpad. On their Instant Offer program, they natively had a deal with Zillow. Moreover, they have raised heavy figures. They have raised over 50M$ in May 2018 most recently.
It is headquartered in Gilbert, AZ.
Total Expert -240%
It is a marketing platform that is performed online for financial and real estate services, with Total Expert CRM as its flagship product. Their proposals involve integrated real estate websites, print and digital marketing services, and easy lender co-marketing tools. It was founded in 2012 at St. Louis Park, Minnesota.
The bungalow is currently in 7 major cities and it is basically a rental portal, that focuses on roommates. You use the platform to shop “handpicked housemates” and not only to find living accommodations.
It was found in 2016 and is located in San Francisco, CA.
The company that was launched in 2015 and is similar to other iBuyers except they assert “trading” your house –selling one and purchasing your next house with in the same process and platform.
It is headquartered in New York City.
For the transaction of real estates, Propy is seeking to lead the charge on the use of blockchain. They try to stick to the international market of sellers and buyers, especially, entertaining diverse different languages a platform of a common transaction that would work in numerous countries. It was founded in 2015 and is currently headquartered in Palo Alto, CA.
It is a new and exclusive concept. FlyHomes allow purchasers to make cash offers on houses. Rather than your traditionally financed house offer being critically contrasted to other cash offers. It let you be the cash offer. No financing contingencies, no quick closes.
They raised over 17M$ in May 2018 and was founded in 2015. It is currently headquartered in Seattle, WA.
It is a little iBuyer upstart headquartered and is located in NYC, but has much of its agencies in Texas. They make direct offers on houses, by taking on Offerpad and Opendoor, while attempting to work the purchaser-side on the transaction.