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Brokers, Title Companies, and Mortgage Companies Driving New Revenue Growth though Homeownership Services — RISMedia

Brokers, Title Companies, and Mortgage Companies Driving New Revenue Growth though Homeownership Services
Written by Publishing Team

MooveGuru’s innovative real estate technology franchise sold franchises in 20 countries in its first 180 days of exposure

With automated data capture and delivery platforms, the first proptech franchise is emerging from a potential source – MooveGuru. For five years, MooveGuru has been improving the consumer experience during the transition. Now, the powerful platform supports consumers with services throughout the home ownership lifecycle.

Proptech is the first franchise company that allows brokerage, property and mortgage service providers to purchase franchises. The MooveGuru franchise enables these companies to offer a home ownership portal called YourHomeHub that allows homeowners to access preferred local services at a discounted rate. Success comes from being local.

Find out about the opportunity to generate additional revenue with YourHomeHub here.

Inside the portal, dubbed “Everything in the Home”, since a consumer can monitor comprehensive information about their home, homeowners can review local market conditions, store important documents, create accurate home repair estimates and find a local contractor for over 1,000 different ratings home services .

Each YourHomeHub is sponsored by local real estate agents, mortgage loan officers and title companies, which leads to marketing the best ideas and revenue from multiple consumer purchases, according to MooveGuru.

“We’ve seen that YourHomeHub can increase the takeover rate of homeowners insurance, mortgage and title by up to 23% at some brokerages,” says Scott Oakley, CEO of MooveGuru, owners of YourHomeHub. For revenue, we’d love to have that discussion.”

Find out about the opportunity to generate additional revenue with YourHomeHub here.

Oakley says the platform is designed to increase the volume of agent transactions while promoting additional services within each broker, resulting in more revenue for that brokerage.

Real estate professionals also get exclusive marketing opportunities for their areas of influence, preventing competitors from dealing with their most sought-after contacts from the dashboard. Start-up costs, including the initial franchise fee per franchise unit, are less than $50,000.

“We expanded our franchise coverage area to 20 states in 180 days,” said Kathleen Kuhn, MooveGuru President, adding that rights were issued statewide in AL, CO, DE, FL, GA, KY, LA, MI, MS , MT, NC, OH, OK, PA, SC, TN. DC, VA, WVA, MD, TX, and NM are scheduled to close on January 20.

Franchisees turn to real estate brokers with experience in operating subsidiaries, followed by mortgage companies and title companies. Mortgage brokers typically partner with top real estate agents in order to co-brand and split the chance 50-50 to comply with RESPA. Title firms provide service in all of their title deeds closings. Franchisees pay 10-20% net subscription to franchisees. The more subscriptions to YourHomeHub and the more potential customers for service professionals have, the more franchisees there will be.

“The growth plan for our business has always been focused on how we can provide a better experience for our clients and agents, while at the same time continuing to diversify our brokerage revenue streams,” said Michael Patterson, broker/owner of Maryland. RE/MAX IKON. “When I got to know YourHomeHub, Scott Oakley and the leadership team, I was immediately impressed by the level of talent that was being assembled and realized that this was the next business we needed to add to our service offerings.”

Your Home Hub franchise is the perfect opportunity for someone who loves networking, desires flexible working hours and is looking for a recurring revenue model. It provides four different channels of income generation:

  • Marketing subscriptions for real estate professionals
  • Lead generation for service professionals
  • Concierge service revenue
  • Guarantees from lenders and home inspectors

To learn more about the Your Home Hub franchise and available territories, email franchise@yourhomehub.com or visit yourhomehub.com.

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