Athlete Tech Investor: Former NBA Star Andrew Bogut Invests in Game-Changing Proptech Start-Up.
FormerNBA player Andrew Bogut has invested in Australian proptech start-up Listing Loop, which aims to disrupt the real estate industry by providing a new way of buying and selling properties. The platform allows real estate agents to list properties exclusively on the platform for a limited time, giving buyers the opportunity to access properties before they are advertised on other channels.
Bogut, who is a well-known investor in the Australian start-up scene, believes that Listing Loop has the potential to revolutionize the real estate industry in Australia. He was impressed by the platform's innovative approach to property transactions, which he believes can help solve some of the challenges facing the industry, such as lack of transparency and limited access to off-market properties.
Listing Loop's CEO, Rhett Dallwitz, says that the platform has been designed to create a win-win situation for both buyers and sellers. By providing buyers with exclusive access to properties before they are listed on other channels, they can avoid the fierce competition and price inflation that can occur in the traditional market. On the other hand, sellers can benefit from increased interest and competition for their properties, potentially leading to higher prices.
The proptech industry has been growing rapidly in recent years, as technology continues to disrupt traditional industries. Proptech start-ups like Listing Loop are using technology to provide innovative solutions to some of the challenges facing the real estate industry, such as lack of transparency, limited access to off-market properties, and high fees. With the support of investors like Andrew Bogut, these companies have the potential to transform the way we buy and sell properties, making the process faster, more efficient, and more transparent.