NewHomesMate
Storyline
19 slides
19 slides
1 slide
Welcome to Propertymate, a marketplace for new construction homes.
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Our team consists of experienced professionals with backgrounds in real estate, tech, and business, led by Dan Hnatkovskyy, Sofia Vyshnevska, and Marcus Battle.
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The $400 billion new construction residential real estate market is broken and hasn't evolved in the past 40 years.
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Propertymate provides a marketplace to help homebuyers find, compare, and purchase new construction homes, while assisting builders in selling their homes faster.
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Our process involves pre-qualifying buyers, aiding them in finding a home, and then earning a commission upon closing the deal.
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We take 1-3% of the home price, with an average take rate of 2.06%, generating around $9,818 per transaction.
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The new construction residential sales market in the US alone was $400 billion in 2021, with $12 billion in buy-side commissions.
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We assist buyers at every stage from searching for a home to moving in, taking up to 3% for this service initially, with plans to increase this to 10%.
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We are currently operating in six markets with significant new home inventory and have shown a positive trend in GMV, MQLs, and revenue.
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Our metrics indicate strong financial health and efficiency at scale, with a solid annualized run rate, decreasing CAC, and increasing LTV.
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We have a strategic phase-wise expansion plan, with several new markets launching in 2023 and beyond.
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We are raising $5M to expand our marketplace and make homeownership more accessible.
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Join us in revolutionizing the new construction home market!