Technology is breaking new ground in the real estate industry with the debut of Trent Real Estate. Inc.’s mobile real estate software application.
The West Palm Beach, Fla., company recently announced the first build of its app, which allows anyone to buy, sell, or rent real estate directly from their phone. It recently was seed funded for $150,000 and is currently in Series A seeking further funding to finish the round. The name of the app is to be announced soon.
“Our application is the first of its kind. Imagine being able to buy or sell a home as easily as ordering a ride from Uber or Lyft, or a pizza from Dominos – that’s exactly what our app does,” explained Roy Trent Jr., founder of Trent Real Estate.
Trent said he hopes to create a one-stop shop for brokers, agents, buyers, sellers, and renters.
“With our app, you don’t even need to speak to anyone; just pick up your phone and buy, sell, or rent when you need,” he said. “We believe that this is a key step forward in the future for real estate brokerage.”
Trent, who has personally closed more than $3 billion worth of real estate deals, is the mastermind behind the app, which has made the often-convoluted process of buying, selling, or renting a property a streamlined affair.
Potential clients can fill out key areas of information such as descriptions, mortgage information and inspection days. They can then choose the commission percentage they would like to pay the agent they choose. The app has a full database of agents, each of whom competes for business on a first-accepted basis.
Once an agent has accepted the agreement, the app is time-stamped and sent to both parties and accepted as a real contract. Users can also fill out mortgage documents, and related services such as property inspections from the app.