Propseller has stated that it will use its latest funding towards the company's own growth and development of new technology.
Singapore-based property agent comparison service startup Propseller has announced the closing of a US$1 million seed funding round from industry entrepreneurs and senior executives.
Among those who joined the round were local entrepreneurs Yang Bin Kwok and Erwan Mace, founders of Zopim and Muslim Pro respectively, PJ Vandepitte, the COO of Foodpanda, and real estate industry veteran Yvan de Rham.
Propseller has said that it will use the fresh fund to accelerate the company’s growth, and develop a “transparent approach” technology that will allow users to select agents by considering independent reviews and the agent’s track records.
“Too often, owners waste time with unprofessional agents not delivering,” said Adrien Jorge, founder and CEO of Propseller.
Properseller works in a number of ways. For landlords and property managers, Propseller analyzes previous clients’ reviews, transaction prices and days on the market of the properties they list, Propseller is able to identify estate agents who are better than others at marketing property. For buyers and tenants, Propseller deep-screens real estate agents based on their background, reputation and local expertise. They then identify what are they focusing on and best at. There is a different ideal property agent for every project.
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