Prevu is a real estate technology startup that was started by two friends, Chase Marsh and Thomas Kutzman -- both of which were frustrated with the lack of control and the high fees that were associated with the market. The two thought that there was a better way for buyers and sellers, launching Prevu with the mission to save money for those participating in the market.
With the Smart Buyer Commission Rebate, it works in a three-step process starting with finding a home using the New York City property sources, followed by buying with Prevu using the full-service brokerage, and finally the Smart Buyer Rebate, receiving 2/3 of the agent's commission. This program offers both buyers and sellers monetary incentive along with the conventional process.
Why This Trend Is Growing
- Proprietary Real Estate Platforms
- Disruptive innovation opportunity: Develop a real estate platform that offers greater control and lower fees for buyers and sellers.
- Smart Buyer Commission Rebate
- Disruptive innovation opportunity: Create a commission rebate program that incentivizes buyers and sellers to participate in the real estate market.
- Technology-driven Full-service Brokerage
- Disruptive innovation opportunity: Build a full-service brokerage that leverages technology to streamline the buying and selling process and reduce associated fees.
Industries Being Reshaped
- Real Estate Technology
- Disruptive innovation opportunity: Develop innovative technologies to transform the real estate industry and improve the experience for buyers and sellers.
- Proptech
- Disruptive innovation opportunity: Create new solutions in the PropTech sector to disrupt traditional real estate practices and deliver cost savings to participants.
- Commission Rebate Services
- Disruptive innovation opportunity: Offer commission rebate services that challenge traditional brokerage models and drive cost savings for buyers and sellers.
