Digital real estate platform, Prevu, is on a mission to save homebuyers money while streamlining the buying process for greater clarity and control. The tech startup co-founded by Chase Marsh and Thomas Kutzman recently received $2 million in its first round of funding led by Corigin Ventures, which will be used to expand their team of engineers and agents, who work exclusively for Prevu, along with their presence in Westchester.
Simply put, Prevu’s Smart Buyer™ platform allows consumers to browse listings, offer, and receive up to 2% of the home’s purchase price back in the form of a check post-closing. The average consumer’s rebate has a value of roughly $23,000, compared to no rebate with a traditional broker.
According to the founders, “Prevu is a friend in the early miles and an expert in the last mile” allowing buyers to confidently make a competitive offer and purchase, while the northeast continues to face a growing affordability issue. Later on in the purchasing process, one of Prevu’s ten local agents will advise buyers on contingencies such as inspections and contracts to ensure a successful transaction.
In Westchester, Prevu has helped buyers complete deals in Rye and Scarsdale in addition to advising eager buyers in Larchmont, with a current deal pending in White Plains. Clients range from first time homeowners to experienced buyers.
With e-commerce transactions the new normal Kutzman and Marsh, who were colleagues at Citigroup, thought it natural to transition the real estate market into the virtual world as well. “Our platform recognizes this shifting consumer preference and gives consumers the tools they need to manage the process at their own pace, on their schedule and with the promise of a compelling, meaningful rebate,” says Marsh. “Every one can buy a home online without sacrificing high fees or expertise,” added Kutzman.