Showdigs raises $3M for expanding its apartment marketplace

April 13, 2019
Share this Post: 

There's a new startup based out of Seattle that has funded its solution for its sector of the real estate industry.

Showdigs raised a $3 million seed round to make life easier for property managers who are inundated with requests for showings of rental homes and apartments. The company operates an Uber-like marketplace model, connecting property managers in need of people to show houses and apartments with real estate brokers looking to make some extra cash.

“They get bombarded with hundreds of inquiries every time they have a vacancy,” Showdigs CEO Kobi Bensimon said. “The problem is they have to start following up with everyone and scheduling meetings and times for people to see the unit, and this is where they get swamped and need help.”

Showdigs plugs into property managers’ systems, and when they get a request for a showing from a site like Zillow or, the company sends back a link to set up an appointment. Visits can be scheduled with as little as 30 minutes notice, and Showdigs then pings brokers on the platform in the neighborhood to do a showing, the same way Uber finds nearby drivers for ride requests.

Brokers make $25 per showing, paid by property managers, with Showdigs taking a cut. The company is still tinkering with how it brings in revenue, testing options like taking a percentage off each showing, offering subscriptions for property managers, flat fees per vacant unit and more.

Showdigs just launched its service in November, starting small in the West Seattle neighborhood. A month later, the company expanded to all of Seattle and Portland. In 2019, Showdigs plans to expand to more major markets.

Read more here

Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.


April 13, 2019

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Propertyguru Board Room
PropertyGuru Appoints REA Group CEO Owen Wilson to Board of Directors as a Non-Independent Director

Southeast Asian property portal operator PropertyGuru has announced the appointment to its board of REA Group CEO Owen Wilson. Wilson...

Read More
La Haus Queretaro
La Haus Growing Fast and Looking to Add Financing Products

Colombian PropTech startup La Haus has expanded to another Mexican city and is looking to increase the financial solutions it...

Read More
Rae Group Mortgages
REA Group to Consolidate Mortgage Brokerage Offering Under One Brand

Australian portal operator REA Group has announced that its mortgage brokerage business will operate under one brand. In 2017 REA...

Read More
Zillow No Sale
Zillow Pauses Homebuying Citing "Operational Capacity" Issues

Zillow has paused its home buying activities as its iBuying division works through a backlog of homes already on the...

Read More

Popular News