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April 27, 2013 02:03 am GMT

Suitey Is A Software Powered Real Estate Brokerage For New York City Apartments And Homes

suiteyAt first sight, Suitey looks like nothing more than a run-of-the-mill real estate website. But while sites like Trulia and Zillow merely provide a listing of available properties from a large assortment of brokerages and owners, all the properties on Suitey are being directly offered by Suitey itself. Thats because Suitey is a fully fledged real estate brokerage, and they believe theyre the first software-powered brokerage that offers a better, more transparent home buying experience. At their core, Trulia and Zillow are really nothing more than virtualized billboards. They provide a centralized location for brokers and owners to advertise their for-sale properties. Lets say youre looking for a new apartment, and youve narrowed down your list to five places. That means youll probably have to deal with five different real estate brokers, which from experience can be a total nightmare. With Suitey, everything is simplified. Once again, lets say youre looking for an apartment in Manhattan (for now, Suitey only offers listings in New York City). Once you narrow things down to five options on their website, you can contact a Suitey agent who will set a time to view all the properties with you. In the future, youll be able to video chat with the agent directly from the website. This face-to-face experience with Suiteys agents is key to the company’s ethos. We want to ensure that our agents are people youd feel comfortable buying a home from, says David Walker, CEO of Suitey. He tells me that Suiteys agents are heavily vetted by the company before they are hired in a process that ensures their competence and general likability. Once youve agreed to buy the home, Suitey gives you a one percent discount to sweeten the deal. That may not seem like much, but if youre buying property for several million dollars, that rebate ends up being a couple thousand dollars you can put towards your deposit. Ive never heard of anything quite like it, and it would interesting to see what happens, says Laura Goldstein, Managing Editor of AOL Real Estate. People have such a bad association with real estate agents, and the customer service approach feels very appealing. Suitey was one of the ten companies featured at the Entrepreneur Roundtable Accelerators Demo Day today. You can check out a roundup of startups from our coverage of the event here.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/NxUfX7EqjHo/

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