Tiko brings is quick-sell apartment business model to Seville

February 22, 2020
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Founded in 2017, Spanish proptech company, Tiko has a presence in several European cities, with Seville being the most recent.

Tiko's new model is based on applying technology to the real estate sector. Its objective? Sell homes in just a few days, specifically, seven.

Selling a house in a week is already possible with the so-called iBuyers.

Ibuyers are companies specializing in selling homes online that, thanks to technology, are able to give you an offer for your home in just a few hours and buy it in just a few days, all this being possible, thanks to Big Data and algorithms.

Tiko, has begun its operations in Seville. After its launch in Barcelona and Malaga in 2019, decided to bet on the South of Spain, due to great demand, Tiko is one of the only iBuyers currently in that market.

Home sales increased in the Andalusian capital by 21.3% during 2018.

Vicente Novella will be responsible for carrying out the start-up of the protech, which has fully trusted this real estate expert's leadership to carry out the expansion. Novella is a real estate veteran, an architect by profession, and has extensive experience in the urban and real estate sector.

Tiko aims to "repeat in Seville the success achieved in Madrid during its first months of life, in which it managed to perceive about 10% of the homes that went on the market."

Ibuyer is an innovative business model for the Spanish market, which undoubtedly makes the real estate market very interesting. In Spain, there are currently 300 proptech companies, according to Finnovating data cited by Tiko, a technological demand that continues to increase in the Spanish real estate sector.

February 22, 2020

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