The platform proptech Flat.mx, dedicated to the commercialization of real estate, sees potential in the country to expand its business model in at least 30 cities; however, for one of its founders, Bernardo Cordero, this will take time to consolidate its offer and thus become, according to his expectations, the site where every real estate operation carried out in Mexico is registered.
In an interview, Cordero indicated that the segment proptech In Mexico, which means the use of technology in the real estate segment, it did not have the immediate takeoff that was thought, but currently, given the needs of the market, it has had a rebound that has made investors turn to this segment in the country. .
“There are many cities that we still need to cover. With Monterrey, which would arrive soon, we would be in five large cities, but there is much more to grow, there are another 20 or 30 cities where we have to be, but it is little by little, creating value in each city where we are and then growing, “he explained. Mutton.
The kind of Flat.mx It consists of a platform where in just 10 days those sellers of a property can receive an offer and once accepted, the money can be obtained in 72 hours from the signing of the contract.
Likewise, it offers the modality of guaranteed sale and managed sale, as well as the valuation service, where it uses data from more than 2,000 properties visited to determine the value of the properties of the users. On the side of the potential buyer, Flat.mx offers real estate with guarantees.
Nowadays Flat.mx has a presence in Mexico City, Mexico state Y Guadalajara and will soon operate in Monterey, Queretaro, Puebla Y Tijuana.
According to Cordero, the firm has the potential to become the space through which all real estate transactions are carried out in the country, either with products from itself or from its allies.
“In the end we all need a place to live and normally you have people who rent and who buy and a lot of market that is renting, but does not buy for fear of the sector, for lack of credit, so the more transparency and liquidity there is in the market the more we think that people are going to be encouraged to buy the first properties”, said Cordero.
Recently Flat.mx closed an investment round of its Series A for 20 million dollars and market analysis positions it as a potential unicorn, that is, in the future it could reach a valuation of more than 1,000 million dollars.