Downsizer radically altering property marketplace for Gen X and Boomers
Downsizer is a digital home-buying expertise not like every other! With Downsizer, anybody with ample fairness of their present dwelling should buy 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 interact 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 listing off-the-plan properties and entry a real-time gross sales dashboard.
For older owner-occupiers – who might not move a conventional credit score evaluation – a Deposit Energy Downsizer Bond simplifies the house transferring course of in order that downsizers don’t should raid their financial savings or superannuation, or promote their dwelling, to change contracts. The bond can also be obtainable to traders, together with Self-Managed Superannuation Funds.
Downsizer co-founder and managing director Mark Macduffie stated the corporate aimed to assist downsizers transfer in order that they might “cease worrying and begin residing”.
On this podcast, Mark discusses the product, the companions they work with, the goal market, fundraising, constructing the group, and worldwide enlargement plans.
Hearken to the episode right here.
