IRVINE, Calif., July 20, 2022 /PRNewswire/ — Revive, the most comprehensive pre-sale home improvement solution for sellers and cash backed offer programs for buyers, announces its brand enhancement to Revive Real Estate, and is changing its top level domain in revive.realestate.
“By officially becoming Revive Real Estate, we are reinforcing our brand clarity and can amplify it with a top-level web domain extension,” said Michel Alladawi, CEO and Founder of Revive Real Estate. “Very few, if any, Proptech companies can say their domain is just their name. It gives our company instant recognition and elevates our marketing,” he added.
Created by the National Association of Realtors and launched in 2018 alongside .realtor for NAR members, the .realestate domain is free from NAR affiliate restrictions. It allows companies like Revive Real Estate to creatively market its brand using “real estate” as a descriptive and universally understood term.
“Securing .realestate is an ideal solution for Revive to better connect with brokers and their agents, as well as home sellers, buyers and others in the pre-sale home improvement ecosystem” , said Colleen Doyle, Vice President, RIN and Strategic Initiatives at NAR. “This top-level domain helps companies like Revive own their segment in our industry, setting them apart from their competitors,” she added.
Revive is one of nine Proptech companies in the NAR US REACH 2022 program, managed by Second Century Ventures, the strategic investment arm of the National Association of Realtors and the world’s most active real estate technology fund.
Revive offers pre-sale renovation services to homeowners to help them maximize their profits on the sale of their homes. When homeowners renovate their home before selling it, they maximize the return on their most important asset: their home. Revive research shows that sellers leave 15-20% of potential profits on the table if they sell their home “as is”.
Alladawi notes that pre-sales renovation is a growing new industry, providing a new tool that more agents and sellers need to know about.
“Revive the average seller $186,000 more than renovation costs, and much more in higher cost markets,” Alladawi explained. “The more we spread the word – and our new and improved brand will help – the more wealth we can help create for owners when they sell their property. houses,” he added.
According to Revive research, just over 8% of all homes in the United States as of February 2022 were worth at least $1 million. If only one in ten home sellers is worth $1 million or more chose a pre-sale renovation, sellers would earn tens of billions of dollars in additional sales proceeds.
“The potential for additional annual wealth creation is staggering,” said the co-founder of Revive Real Estate. Dalip Jagginoting, “Every year, some 5-6 million existing home sales take place. If just 5% of those homes chose a pre-sale renovation, sellers could increase by $56 billion.”
Learn more at www.revive.realestate.
Revive’s mission is to guide home sellers through pre-sale renovations with no upfront cost. By providing access to Revive’s network of top contractors, home sellers earn on average $186,000 additional profit when selling their home. Relaunch homes to sell more and help sellers get ahead by maximizing their sale value. Learn more at www.revive.realestate.
Candice Wetting | Bringing real estate back to life
SOURCE Revive Real Estate