There are a lot of frictions in the residential real estate market.
Increasingly, proptechs are using technology to disrupt real estate agents and enable buyers to connect directly with sellers.
Patch is a platform that lets buyers make enquiries for any house on the block without waiting for a "For Sale" sign to appear at the front.
Home owners can decide whether to entertain these offers.
Buyers benefit from direct interaction with owners, without having to wade through the marketing hype. And sellers can save on marketing and selling costs.
Photo L to R: Mark Allen & Chris Reed