BrokerPocket was built by former real estate agents, to address two massive problems within the industry. There is no platform which allows real estate agents to promote off-market properties and there is no effective way for agents to facilitate client referrals with other 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 Listings Value
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.