BrokerPocket was founded by former real estate agents to solve two key challenges in the real estate industry.
First, there was no platform for agents to promote off-market properties, and, second, there was a lack of an efficient system for client referrals. BrokerPocket addresses these issues by providing a platform for showcasing off-market properties and facilitating seamless client referrals among agents.
Idea behind BP is born.
Seed round of $700k at $4M valuation completed.
The first 1.0 version of BP BETA is launched.
The second 2.0 Version of BP is introduced.
Series A funding starts at a $12M valuation.
BP celebrates platform milestone - 2300 listings and 5000+ agents.
Introduction of premium features.
Total Agents
Total Commissions
BrokerPocket's total addressable target market holds a value of $258.5B. The forecasted values are based on the assumption that 10% of every real estate transaction produced are off-market deals.
Brokerpocket will monetize through the use of paid advertising that will be designed to sit seamlessly on various areas of the platform. Agents, with the purchase of additional features, will be able to to capitalize on advertisement banners on the platform.
Through the agent-referral network system, the features will allow real estate professionals to gain back through every converted user they bring to the platform.
We offer premium subscription packages that will vary for individual agents, teams and brokerages. These subscriptions will be an additional benefit on top of the existing features that will remain FREE to users.