Downsizer radically altering property marketplace for Gen X and Boomers
Downsizer is a digital home-buying expertise in contrast to every other! With Downsizer, anybody with adequate fairness of their present residence should purchase a brand new dwelling with zero money deposit.
Downsizer has raised $3.75 million seed capital to speed up the expansion of its SaaS platform working on the intersections of fintech, proptech and insurtech.
Downsizer helps property builders, actual property brokers, monetary advisors, mortgage brokers and lenders, and insurance coverage brokers and underwriters have interaction with Child Boomers and Gen Xers over 50.
The platform offers digital content material and market insights for lead era. It additionally has a nationwide property market the place builders can checklist off-the-plan properties and entry a real-time gross sales dashboard.
For older owner-occupiers – who might not go a conventional credit score evaluation – a Deposit Energy Downsizer Bond simplifies the house shifting course of in order that downsizers don’t should raid their financial savings or superannuation, or promote their residence, to change contracts. The bond can be out there to buyers, together with Self-Managed Superannuation Funds.
Downsizer co-founder and managing director Mark Macduffie mentioned the corporate aimed to assist downsizers transfer in order that they might “cease worrying and begin dwelling”.
On this podcast, Mark discusses the product, the companions they work with, the goal market, fundraising, constructing the crew, and worldwide enlargement plans.
Take heed to the episode right here.
