Since the beginning of the summer months, as consumers began their moving plans anew, real estate markets around the world were experiencing a refreshing bounceback. The only problem was the lack of inventory to meet the growing demand.
Facing that problem head-on is Chicago-based brokerage, AnyCurb, which has a theory that there’s more inventory somewhere, it’s just hidden.
Founded by Danyal Ali, AnyCurb was created to develop a more efficient marketplace for real estate listings.
"We found that 42% of homeowners would sell their home if presented with a fair-market offer. Consumers and real estate professionals are accustomed to viewing the world in terms of a buyer's market, or a seller's market…when what needs to exist is a fair market.”
The data was gathered in AnyCurb’s ‘Improving the Home Shopping Experience by Dramatically Increasing Housing Supply’ research project. In response to the data found, AnyCurb birthed a brokerage focused on providing agents with predictive analytics to guide them through finding off-market properties.
Jim Osmani, COO and Managing Broker of AnyCurb, said:
"The democratization of real estate data has historically transformed the industry. Our approach aims to increase liquidity and enable a fair market for an asset category whose price has been plagued by mistiming, as well as supply and demand divergence.”
Buyer and seller needs have changed drastically in the last few months because of the global pandemic. People everywhere are rethinking the important aspects of a home to fit the needs that have arisen from quarantine and skyrocketing remote work. With the shift in what people are looking for in a home, marketplaces and agents must shift with them to fill those needs as quickly as possible. AnyCurb is on it.