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.
Proprietary Real Estate Platforms
Prevu's Goal is to Save Money for People Buying or Sellng a Home
Trend Themes
1. Proprietary Real Estate Platforms - Disruptive innovation opportunity: Develop a real estate platform that offers greater control and lower fees for buyers and sellers.
2. Smart Buyer Commission Rebate - Disruptive innovation opportunity: Create a commission rebate program that incentivizes buyers and sellers to participate in the real estate market.
3. 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.
Industry Implications
1. Real Estate Technology - Disruptive innovation opportunity: Develop innovative technologies to transform the real estate industry and improve the experience for buyers and sellers.
2. Proptech - Disruptive innovation opportunity: Create new solutions in the PropTech sector to disrupt traditional real estate practices and deliver cost savings to participants.
3. Commission Rebate Services - Disruptive innovation opportunity: Offer commission rebate services that challenge traditional brokerage models and drive cost savings for buyers and sellers.