Square Yards has launched Square Connect mobile app for real estate brokers, independent financial agents, stock broking firms and financial institutions.
The company said brokers, agents and financial institutions can access large primary real estate inventory to do business outside the current area of operations.
The new application is the India’s first mobile-only aggregation platform for primary real estate which enables them to earn higher commission slabs from developers.
According to Square Connect, company has tie ups with 25 plus stock broking firms, financial institutions and online firms and 10,000 plus real estate brokers has already pre-enrolled.
Company officials said enrolled brokers and agents can view exclusive sourced deals from grade-A developers in 12 cities in India using the newly launched app.
App enables brokers and agents to make bookings through the platform and track status of their payments with complete transparency.
This apart, brokers and agents can also view complete transactional details and history of a booking and gives notifications on key changes in the status of the transaction like client KYC approval, slab confirmation, collections from developers and payments of earned brokerage.
“Square Connect’s unique platform will help Square Yards to reach the targeted 20 percent market share of primary residential market in India by consolidating supply and demand, creating significant barriers of entry through scale, sourcing capabilities, and use of technology to enable multi modal distribution platforms,” said Tanuj Shori, founder & CEO of Square Yards.
Few days ago, Housing.com integrated Qlik Sense to analyze and gather data insights on the growth of the online platform.