Craig Jacobson
Redmond, WA (USA)
Role(s):
Founder/Owner/Principal
RealXchange NorthAmerica, Inc.
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Startup
Location:
Redmond
Industry:
Technology/Web
Year Founded:
2013
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"C" Corporation
Description:
RealXchange is building a web utility to data mine the presale sector of the residential real estate industry. We use an auction format to attract both the real estate consumers and service providers necessary to market, sell and close a home sale. We don't sell property! Our auction allows vendors to bid on more deal flow than they currently access. Vendors compete for consumer's contract awards by passing through their incredible business development savings RealXchange provides.
This presale decision data collected has never been available. It's a $10B market where RealX will auction, track decisions, archive results and analyze consumer decisions. This information will further our vendor's success and lower the cost of sale for consumers. It will also provide us a real-time map of housing flows nationally. We all Win-Win-Win.
Each archived file will be uploaded to our Fast and Big Data portal partner, LIST Data Corp. to build RealXchange Market Index to anonymously support the full exchange product spectrum. RealXchange will share in the data sales EBITDA while using the big picture to guide our market share expansion into the five million annnual U.S. home sales.
Again, we don't sell property! All 30+ service channels are staffed by professionals. This is a $10 billion dollar market where we can make $1,000 - $3,000 an auction yet cost the vendors only $20 per bid.
Our entry into the market will commence through the active military, veterans and finally the civilian market of 110 million homes upon funding of our IPO for $500 million where Angel and A-Round investors can see upwards of a 40X. Let me show you how! CD Jacobson, Chairman