Offr, the prop-tech platform digitising the buying, selling and leasing process for real estate agents and buyers, has launched in the UK & Australia to digitise the buying and selling of property.
The company also announced it has raised £2.7m in seed funding led by Barclays. Existing investors Delta Partners on behalf of Bank of Ireland, AIB, Enterprise Ireland, The European Investment Fund and Frontline Ventures also participated in the round.
On March 24th during the COVID-19 lockdown, Offr enabled the world’s first fully remote, end-to-end, digital property transaction. The property was sold entirely online for 61 per cent over the asking price.
Offr enables fast, digital property transactions, from offer to exchange, on any device, at any time and from anywhere in the world. Offr digitises over 85 per cent of the process of buying and selling property for agents and their customers. Up until now, there’s been no easy, fast and secure way of buying properties cross- border. Offr is changing this by making international trading of property possible for buyers online, using traditional real estate agents.
Robert Hoban, CEO of Offr said, “We built Offr with a clear and simple goal, to change the way property is bought and sold. We developed one platform for everyone; an end-to-end, open solution which supports real estate agents, buyers, sellers and solicitors and the pandemic has accelerated adoption by all.”