The real estate market is one of the business sectors that has caught the attention of . The proptech (from the union of the terms in English property and technology) promoting the appearance of new companies, technologies and related services. And in this context it was the last in joining the proptech to help you find a house or flat for rent or sale.
Wallapop enters the proptech and starts selling and renting flats
Wallapop is one of the most popular mobile apps dedicated to classifieds with more than 100,000,000 product uploads and more than 40 million users, and now he wants to focus on the real estate sector and dedicate a space to proptech on its platform.
And it is that in fact, many Wallapop users were looking to find housing in the application… while others they devised the way to integrate this type of products in the existing catalogsalthough it was not done in the ideal way.
The company noticed this behavior and decided to integrate in its new update, a tab that includes real estate products…and now it’s official: Wallapop goes proptech.
So you can rent or buy real estate on Wallapop
This new tab is within the drop-down menu “categories” placed at the top left of the mobile app or its web version. Once you have selected this option, you can filter the type of property you are looking for: flats, houses, penthouses… but you can even find storage rooms, offices and garages.
Another novelty within the Wallapop proptech sector is the possibility of select the search radius in which you want to find your next home through the system of geolocation of the user position. With this, the app will show you the ads of real estate products that are within the area that you have previously established.
You can also filter searches for proptech products by number of rooms, bathrooms, square meters of construction or land, if your new home should have a terrace, elevator or any other particular details, In addition to that you can find properties to rent or buy.
And if what you want is to advertise your own apartment, house or any property for rent or sale, you can also do it on Wallapop for free.
One million flats have been offered on Wallapop
So far, Wallapop’s proptech business is going from strength to strength, as it has managed to bid around a million floorswhile you have recorded a few 50,000 daily visits and carried out near 30,000 transactions closed between sales and rentals of real estate.
Wallapop knows that the proptech sector is complex, dominated mostly by big players, but the idea is to compete with them by ensuring that small entrepreneurs and individuals have direct access to users.
In addition, he will continue with his perspective of do not charge for transactions made on your platform, and will search complementary businesses to get more income, for example, insurers and financers that help users in the purchase of flats.
Wallapop has introduced novelties such as payment advertisement modalities or , its alliance with to improve the operationality of its shipments, thereby seeks to obtain monetization and also improve the service for its users.
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