Meet The Startup: Home Connex digital platform that connects residential property buyers and the real estate developer
Home Connex is a revolutionary digital platform that connects residential property buyers and the real estate developer involved and folds in connections to various suppliers, service providers, products and a financial management mechanism that combines payments, mortgage process management, insurance, recommendations while combining unique business genetic patent based insights.
Home Connex is a revolutionary digital platform that connects residential property buyers and the real estate developer involved and folds in connections to various suppliers, service providers, products and a financial management mechanism that combines payments, mortgage process management, insurance, recommendations while combining unique business genetic patent based insights.
The process of purchasing a residential property
Buying a home is usually the most important financial transaction we make during our life time, in which the buyers of the home, invest the majority of their finances.
In general, the purchase and construction process requires the buyer to interact with many factors: the various developer departments, project suppliers, professionals, banks, insurance companies and more.
Most home buyers lack sufficient information, knowhow and experience to go through the process in the most successful way possible.
Even if the information is given to buyers, sometimes the information is not understood, accessible and clarified in an effective way.
For most buyers this will be the first home they purchase and most do not have the knowledge and abilities to manage and track what is happening in the property, which leads to delays, wrong choices, investing time, money and more resources in the wrong places, all that result in stress and worries.
In recent years there has been a significant change in the adoption of technologies in the real estate market, more and more real estate companies are realizing the importance of technology in the early stages of managing relationships with buyers from the moment they sign off to buy the property.
The growth of the real estate market together with growth of fintech, and the adoption of digital services require the use of digital tools for project management, managing assets, transparency and accessibility for buyers that are an integral part of this process.
At Home-Connex, which was established in 2016, they focused and characterized the apartment buyer's journey in all aspects to which the buyer is required to interact with various factors, focusing on gathering and refining information and insights, transparency, simplicity and accessibility.
As of the end of 2021, approximately 1 in 4 housing construction starts are managed by Home-Connex.
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