DETROIT, MI--(Marketwired - July 15, 2015) - The Michigan-based real estate technology company, REOZOM, is launching its new online platform that provides homebuyers and sellers an easier and more affordable way to list and buy their home.
REOZOM.com entered the real estate industry as a Flat Fee MLS Listing Service. The company quickly evolved when real estate entrepreneur, Justin Tibble, partnered up with two tech entrepreneurs and brothers, Etrit and Edi Demaj. Together, the three saw a monumental opportunity that had yet to be tapped into, which was combining the ever-growing tech industry with one of the most prominent investment industries -- real estate.
Bringing the two industries together would get the outdated residential real estate industry up to speed. Most importantly, it would significantly improve the overall real estate experience for many people by saving them time and money.
"Bringing simplicity to residential real estate through technology is our goal. The current way of buying and selling a home requires calls, emails, meetings and a lot of time; REOZOM makes it possible to do it all from the luxury of your home or office," said Justin Tibble, Co-Founder and CEO of REOZOM.
REOZOM offers sellers a way to have their homes listed on multiple websites including MLS, Realtor, Trulia and Zillow for the small, one-time fee of only $285. Sellers listing a home through REOZOM can potentially save thousands of dollars that would otherwise be spent on agent commission fees.
On top of saving money, REOZOM also saves time. Sellers are able to list their home on the MLS and other popular platforms in less than 30 minutes via REOZOM.com. All legal documents and disclosures are also handled through REOZOM.
REOZOM provides its users many other unique advantages. REOZOM is 100% paperless by functioning completely online. Plus, a property will stay on the MLS until it sells or there's a money back guarantee if the property ends up selling with a traditional broker. Users can also make unlimited changes to their listing with absolutely no additional costs.
"A real estate transaction is one of the biggest investments an individual or family will make in their lives and our mission is to provide an experience that's as effortless and stress-free as possible," said Etrit Demaj, Co-Founder and Managing Partner of REOZOM. "Imagine the process of listing your home being as easy and intuitive as using Facebook. That's what REOZOM is going to do for the world of real estate."
Growing bigger and better is the plan for REOZOM. The real estate tech company will be launching many new features on its platform starting next month. Some of these capabilities include a direct messaging system for buyers to contact sellers and the ability to schedule showings right then and there on the site.
REOZOM has its sights set much farther than just the state of Michigan. The company has plans to expand throughout the nation and is working with other broker partners in order to do so.
"We have tested the concept in Michigan and have received a great deal of positive feedback, which shows through the number of listings we have processed in the last few months," stated Edi Demaj, Chairman and Co-Founder of REOZOM.
REOZOM has been self-funded to date. The company is looking to raise its first round of investment in the next three months while it expands to other states.
REOZOM began as a Flat Fee MLS Listing Service and quickly grew into one of the most innovative, simple-to-use and extremely affordable online real estate platforms in the market. REOZOM's team is comprised of real estate professionals, technologists and designers who are determined to transform the outdated residential real estate industry. The company's goal is to streamline the buying and selling of a home in a way that saves their customers' time and money. REOZOM was the only residential real estate tech company present at the renowned 2015 Techweek Detroit, the nation's largest tech conference and expo.