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Think of RealSavvy as Pinterest for actual property.
Nonetheless, slogans resembling "the right way to get in on offers previously solely accessible to insiders" or "actual property investing the simple way" may have labored a year or two in the past, however in the present day they're performed out. That is as a result of, within the six months because the app has been stay, it has had over 47,000 downloads, is supported by 2,200 New York actual estate agents and is showcasing 85% of NY rental inventory market, Lisovetsky tells us.
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His business companions are Michael Lisovetsky, now 22 (whose tech career began in middle school) and Dean Soukeras , 43, an experienced entrepreneur.
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He mentioned real property stocks may fall additional as demand for property in key cities remained weak. So, I count on more news on this entrance within the next few days.
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The distribution of dividend yields in the real property sector is barely skewed to the next finish of the vary due to a few outliers with massive positive dividend yields.
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Although there is ample room for progress, actual estate crowdfunding is now not particularly new or novel.
Final year, they launched an app of the identical identify, HomeSwipe, which they dubbed the "Tinder for house hunting" because you swipe by listings to search out the house you want.