Tuesday, March 29, 2016

New San Jose-based real estate startup - Places.me

Places.me is a new Silicon Valley real estate site with a very slick user-interface. Their goal is to make it easier (and less expensive) to buy and sell homes.

The company founder, Manly Danh, was born and raised in San Jose. Both of his parents immigrated from Vietnam with $10 in their pockets, but eventually fulfilled the American dream with a home on 7th and Santa Clara. Founding Places.me wasn't something that Manly just wanted to do, it is something that he knew he was supposed to do.

The site has one of the coolest homepages I have seen and I love how San Jose locations are prominently displayed as a full-screen video (Santana Row, San Pedro Square, and Downtown high-rises are all in there). While I am not in the market for a new home, I have to admit that I spent the last hour searching for San Jose dream homes.

If you buy a home through the site, you will get 1% of the purchase price back. If selling a home, you pay a 3% commission instead of the standard 6%. In Silicon Valley, this translates to savings in the tens of thousands of dollars range--definitely something to think about.

Below is their inaugural blog post. Check out the site for yourself over here.

Hi there, neighbor!

So, about us — we’re a real estate startup based in San Jose creating an easier and faster way to connect home buyers and sellers. With over 90% of people using the internet as part of their research to buy or sell a home, we’ve built Places to bring buyers and sellers together in a platform that takes the hassle out of traditional real estate.

If you’ve ever bought or sold a home out in the wild, you’ve probably managed your transaction through an agent. And with the average sale to closing time starting at 4 weeks, the process can be pretty tedious and lengthy. The experience can make you feel like a number — it has for folks on our team who’ve been in the same boat. That’s not a great feeling when you’re talking about a transaction in the hundreds of thousands of dollars.

A new take on real estate

We’re trying a different angle. We want you to love the homebuying experience, start to finish. So we’ve built a data-driven platform that makes it easy to thoroughly and quickly research homes, get to know neighborhoods, and make offers quickly — without a traditional realtor. With new listings being added every day, and an average closing time of 10 days, you’ll be able to get a move on easily without all the usual rigamarole of traditional real estate. And we’re here for you every step of the way, so you can feel connected and in control throughout the whole transaction. Plus, buyers even get 1% back on their purchase price at closing, while sellers can save 50% on commissions — not too shabby, eh?

Let’s stay in touch

We’re just getting started, and we’ll be using this blog to keep you posted on what we’re up to. Stay tuned for the latest improvements to our marketplace, featured homes, stories from our local community, and more. And we want your feedback and ideas — so please, don’t be shy. Click those comment and share buttons, and let’s keep the conversation going!

Visit us at www.places.me

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