Ever-increasing responsiveness to consumer needs is a main motivator in Canadian fintech, and this has become especially apparent in real estate platform Casalova, which boasts of facilitating on-demand communication between would-be buyers and agents in less than half a minute.
This far outstrips the industry average of 15 hours, Casalova stated.
“The real estate market in Canada is a $14 billion annual industry, yet it takes 15 hours – on average – for an agent to respond to client inquiries. We live in an on-demand world: from Uber and Airbnb to online banking and shopping, people expect a response the moment they're looking for it,” Casalova CEO and co-founder Ray Jaff said. “Our platform is eliminating a major service gap in real estate.”
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One of Canada’s leading real estate marketplaces, Casalova aggregates verified listings from multiple sources including the MLS, Royal LePage, RE/MAX, and all other major brokerages. As of May 2018, over $50 million in sale and rental transactions nationwide have closed on Casalova.
RBC’s open banking initiative to improve mortgage transactions