RealtyBase

The Real Estate Transaction De-fragmented, Demystified and Democratized

BASE is the future of buying and selling real estate entirely using a mobile app. Sellers save their equity with 0% Commissions!! That's right, we are a commission free platform so you keep more of what your house is worth.

The entire transaction is completed through the app with direct P2P interaction with the buyer and seller. No more pesky realtors getting in between and making things complicated. BASE users are verified and the platform allows for secure transactions from end to end. Paperwork will be a breeze using simple forms and e-sign formats. BASE takes you by the hand through our Journey feature so you always know what's next and our specialists are available at any time to assist you through the process. Welcome to the future.

- De-fragmented:

BASE brings all parties and services on a transaction in one platform

- Demystified:

BASE provides a step-by step journey, easy fill smart forms, and tool tips to make the transaction simple and efficient

- Democratized:

BASE allows Seller and Buyer to communicate directly through chat functionality giving power to the users and removing expensive realtors

The First D - Defragmentation

Although numerous apps are often created to serve various business services in any industry, many of these apps are incapable of integration with one another. The disconnect becomes even more apparent when part of a transaction involves an offline element. Platform consolidation and defragmentation allows for agility and lowers cost for customers. As an example, Amazon has re-invented e-commerce transactions by providing a well-organized shopping experience with competitive pricing. They provide the customer with an extensive product catalog while making it easy to compare and decide before any purchase. But they went a step further than the competitors by ensuring the offline element is as seamless as its online counterpart. They created one of the most efficient shipping processes through their own warehousing, and innovative last mile delivery methods. By defragmenting the e-commerce transaction ecosystem, they gave their customers a level of service that was not achieved before them. Real estate transactions similarly involve various services which are traditionally brought together by a Realtor. These services are typically initiated by emails, and are scheduled through any calendar in a specific sequence. They involve forms, and signatures at each stage for the customer to complete. These services range from the title company to the surveyor to the property inspector, and all else in between. BASE aims to allow customers to centrally coordinate these elements of a transaction themselves, and to control the timing of everything at their own pace. Where possible, BASE also lets customers automate as much of their journey as they are comfortable with. All forms and signatures in the app are sequenced in an easy to fill format. To ensure the experience is seamless and efficient, BASE goes the extra step to ensure the offline portions of the service is managed from within the platform i.e. showings, site inspections, surveyor access etc. This ensures both buyer and seller are being serviced from beginning to end using a single platform.

The Second D - Demystification

The age of information has put many a gurus out of business. Information gatekeepers are increasingly vanishing due to the abundance and ease of access to knowledge. Complex and expensive services once held by highly degreed professionals are now being completed by anyone with an internet connection anywhere in the world at fraction of the cost. Examples in the law industry show how technological advances have made complex legal documents and forms, once only in the possession of attorneys, available to all. McKinsey Global Institute calculates that 23% of work done by lawyers can be automated through technology. Companies like Rocket Lawyer and Legal Zoom have capitalized on this opportunity by providing these legal documents in easily fillable forms that can be completed in minutes, and at a fraction of what an attorney would cost. The Information gatekeepers in the real estate industry can also be replaced using technological advances. In order to demystify the real estate transaction for the customer, BASE provides easy to use forms with information at each step to educate the user on exactly what is being filled out. The Journey view provides a sense of orientation on timeline, so the customer never feels lost or left wondering. As the transaction progresses the user can see their place in the journey along with what’s next. At each step, BASE provides tips to the customer on the documents, and forms being signed. Professional real estate specialists are available via online chat to answer questions and provide guidance. The service specialists’ primary function is to facilitate as needed but to never get in the way.

The Third D - Democratization

The rapid rise in network speeds has allowed for people to transact with one another in addition to just connecting or communicating. There are various platforms that provide tools for customers to perform transactions in a secure environment. This has led to a democratization that is most profoundly seen in the hospitality and transportation industries. Airbnb and Uber have democratized these industries by providing a platform for people to connect directly and transact through the apps. The technology is the intermediary to ensure the experience is simple, informative and secure. BASE aims to provide networking & transactions between people in a real estate transaction. The simplicity of the interface allows a direct line of communication between buyer, seller and service providers. In addition to the automation of standard touchpoints between each party, BASE’s chat feature between all parties allows for a democratization that has not existed in the Residential Real Estate industry before. To secure the transactions, BASE integrates with the latest fintech to act as an intermediary link between users’ bank accounts, and the app while maintaining encryption of the financial data requested. By ensuring security and reliability that the transaction will close, BASE provides a one-of-kind P2P marketplace for residential real estate. BASE is driven by the belief that people are competent enough to be in the driver’s seat of their own transactional journey. We just aim to provide an agile, and guided experience for them to get there.

About Us