The Inside Out of Upnest: How It’s Changing the Real Estate Industry One Transaction at a Time

Upnest, the recent technology replacing the orthodox real estate agents, is one of the fastest growing businesses of the world. Having been ranked for a second consecutive year in Deloitte’s Technology Fast 500, Upnest’s revenue has grown 1078% during the period of 2015-2018. This eye-popping growth has also led to company’s feature in the Inc. Magazine’s top 500 fastest growing private companies 2019. All these accolades are an attestation of the kind of innovation Upnest has brought to the real estate market.

A considerable amount of credit for its popularity goes to the ease it has provided real estate buyers and sellers to meet an agent. From the ease of your home you can look for the right agent for business and don’t have to run after agents anymore. The dynamics have shifted; now with Upnest, the agents compete to get your business and not the other way around. As a homeowner you can start with Upnest by filling out the online form. The form can be tailored according to your needs as you have the liberty to choose from a variety of options. For example, the attributes you are looking for in your agent: “can he sell quickly” or do you need him to be experienced or do you value a different quality. After selecting the kind of agent, you can choose the type of home you are going to put up for sale. Here also, to give you a better personalized experience, you have the option of choosing from different options which might describe your property accurately. You will then select the expected price you think your real estate will sell for. All these options combine to produce your full portfolio which the agents will use in shortlisting clients for you. The submission of the form initiates the second step- agent proposal.

Once the form is submitted, you are likely to receive several proposals from local agents competing for your business. The agents will be according to the criteria you have selected and thus perfect for your needs. You can then view individual agent’s profile, performance history and other stats. If you find an agent which you might think is the right one for you, you can interview them and know more about their work experience.

The best thing about this whole Upnest experience is the transparency it provides from the onset. The efficiency of the whole system ensures that users get the maximum benefit through less commission rates. Even in such discounted prices you get the best deal with top of the line agents- the company is partnering with over 14000 top of the line agents nationwide, many of who have featured in shows like “House hunter”. Due to this low cost the number of transactions on the platform has multiplied since its launch and continues to be on the rise. Upnest will continue to be on the rise as long as it looks after its clients and offers them the best deals.