Hipflat

Hipflat

Startup
Online real estate search engine for emerging property markets.

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Product description

HipFlat is a consumer-centric real estate search engine, that delivers a delightful online property search experience to home-buyers, combined with unique insights into the local property market.

On the other end of real estate marketplace HipFlat works with property agents and guarantees them certain amount of customer leads, when they subscribe to one of the paid plans. Partnering with HipFlat enables agents to focus on deal closings instead of prospecting. Once subscribed, an agent start receiving leads immediately.

Technology

In countries with mature real estate markets, like Singapore or US, all property listings are located on a single source, so it’s easy for home-buyers to search online, using top property portals. In countries with less developed real estate markets, like Thailand, inventory spread over hundreds of websites; home-buyers start search with Google and offline activities. This fragmentation also presents a major problem for real estate agents: without access to listings database they spend a lot of time searching for stock for their customers.

HipFlat developed a system that aggregates, processes and enhances property listings from all kinds of websites, including those with unstructured data, like forums and online classifieds. On top of this system HipFlat build innovative services for home-buyers, owners, agents and real estate developers. For home-buyers it provides a convenient map-based search combined with local information and market data, not available elsewhere.

For agents HipFlat offers both customer leads and access to a database of 35,000 property listings. A new agency opened today can start receiving customer enquiries the next day they subscribe for HipFlat services, even if they don’t have their own listings yet. This is very different to existing property portals, where in order to get an exposure agents are required to collect and upload a sizeable database of listings as an initial step (which usually takes 6-12 months).

Pitch deck
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Founders

Denis Nemtsev
Denis Nemtsev
Founder at Hipflat

Investors

Crystal Horse Investments
Crystal Horse Investments
8capita
8capita

News References