As homebuyers often find themselves at a loss checking various fragmented sources for crime rates, school quality, neighborhood walkability and availability of houses for sale in a specific neighborhood, new technologies have developed to bring all these factors together on a single platform and make the process easier. NestReady has identified the hassle and streamlined the homebuying process to include search parameters ranging from neighborhoods to real estate agents to lenders to mortgage professionals.
Based in Montreal, NestReady is a real estate platform that brings all parts of the homebuying cycle together. By collaborating with lenders, the platform guides home seekers through a uniquely tailored process by integrating the full home search experience directly onto the lender’s website. Real estate agents are encouraged to join a referral program that connects them with prospective homebuyers.
Since 2017, NestReady has partnered with Ruoff Home Mortgage — Indiana’s largest mortgage company — and, most recently, with Boston Private — a wealth management, trust and private banking company with a strong presence in Massachusetts. North of the border, NestReady has teamed up with Alterna Bank and Meridian Credit Union, the largest credit union in Ontario. Plans call for an expansion of operations to the U.S. states of Florida, Indiana, Ohio and Michigan, and all provinces in Canada.
NestReady seeks to disrupt the industry by enabling every lender to offer their own end-to-end homebuying solution to customers, thus making lenders the central point in the homebuying process. In June 2018, the real estate technology company announced the appointment of seasoned technologist Frederick Townes as its co-founder and CTO, and raised $5.7 million in venture capital to be invested in the company’s AI capabilities, including predictive analytics and machine learning models to enhance the homebuying process.