Austin tech startups target real estate market

Oct 23, 2013
Austin Business Journal

Two Austin startups are developing Web-based tools targeting the real estate market — from different perspectives

The companies are NuHabitat LLC, which specializes in residential real estate, and RealMassive Inc., a stealth-mode business that plans to focus on commercial real estate. Both presented their pitches at the Capital Factory’s Oct. 10 Demo Day in Austin

NuHabitat launched in mid 2011 by Houston Realtor Jeff Burke to deliver a multiple listing service, or MLS, to consumers. Such information is typically only available to real estate brokers and agents

Big brokerage firms operated the MLS and locked down that information. And the information on websites such as Trulia and Zillow isn’t always up to date, Burke said

Meanwhile, the seven-person RealMassive plans to publicly launch in December or January with a database using a LinkedIn model for collecting commercial real estate data, CEO Joshua McClure said

McClure is the former co-founder and chief technology officer of FanTrail Inc., and before that was vice president of real estate Internet marketing for SaleAmp Inc., both based in Austin

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