A prop-tech platform that digitises the buying, selling and leasing process for real estate agents and buyers, has raised close to AU$5m in seed funding.
Launched just 10 months ago, Offr digitises over 85 per cent of the process of buying and selling property for agents and their customers.
It also makes international trading of property possible for buyers online, using traditional real estate agents.
Robert Hoban, Co-founder & CEO of Offr explained COVID has changed the landscape completely.
“It closed off real-estate; we’re bringing it online. I expected we’d be where we are today in five years’ time,” he said.
“We built Offr with a clear and simple goal, to change the way property is bought and sold; to make it faster, more transparent and more enjoyable for real estate agents, buyers and everyone else involved in the process.
“The fact is, the stress, uncertainty and longevity of buying and selling property are just products of an outdated, yet somehow accepted system.
“We made it our goal to address these problems. We developed one platform for everyone. An end-to-end, open solution which supports real estate agents, buyers, sellers and solicitors and the pandemic has accelerated adoption by all.”
The recent funding will now be used “to accelerate international expansion, bringing trust, transparency and speed to buyers and property agents in the AU$280 billion Australian annual real estate market”.