Cofounder of Uber, Garrett Camp, who is also the CEO of Expa Studios, has unveiled today Expa’s latest real estate project. The company will focus on buying and selling residential estate by organizing and digitizing offers from buyers. The new project is called Haus, and will be a platform for all parties participating in the process, including buyers, sellers, and agents.
What will differentiate this project, from other digitalized real estate platforms is using Haus making and accepting official offers will be possible.
According to techcrunch.com, Haus digitizes that entire experience. Sellers post their listings, buyers and agents post offers, and amend them.
Haus GM Sarah Ham said, “We think the openness will create a more efficient market and that the number of offers and price will ultimately be dependent on demand… Bidding wars are a common, almost accepted, part of the real estate process today. But with our approach, buyers know where they stand. Buyers will know what they need to offer to make their offer competitive, but they also won’t negotiate against themselves.”