'Match.com For Real Estate' Launches In South Florida

RealConnex launched in September with a goal of linking up the folks who work on real estate projects before they’re listed and after they’re acquired.

“It’s Match.com meets LinkedIn for the real estate professional,” CEO Roy Abrams said.

The website has more than 400 vendors signed up so far, as well as various real estate investors offering a total of $1.5 billion, Abrams said. RealConnex will be looking to hire about 40 people in South Florida in the next year, he added.
The company’s executives and board members bring a mix of experience from successful tech companies and real estate firms.
Abrams was CEO of UK operations for LBi, an internet services company that sold for $580 million.
Leading the company’s capital markets strategy is Joseph Stecher, a real estate investor who has worked for Morgan Stanley, Goldman Sachs and General Motors. Board members include Kevin Eyres, LinkedIn‘s former managing director for Europe.
The RealConnex platform cost about $2 million to build, with 70 percent of the company’s funding coming from private investors in South Florida, Abrams said.

“To be able to design and execute technology of this magnitude, you’ve got to be either brave or stupid,” he said.

The site will be free for the next three months. Ultimately, RealConnex will use a “freemium” model similar to LinkedIn’s. Signing up, posting requirements and finding basic matches will be free, but more sophisticated services will cost a fee.
 
Source:  SFBJ

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