And because it’s a private platform, Landis doesn’t face the hassle of dealing with the multiple listing services that tend to have regional monopolies over real estate listing data.Īnd now, the company has more data to use in building the technological backbone of its platform. Thanks for your interest in becoming a member Membership into Golden Key is by invitation only and applies to the top 15 of college and university sophomores, juniors and seniors, as well as top-performing graduate students in all fields of study, based solely on their academic achievements. These investors, who then typically rent out those homes, can use the platform to perform all the steps for completing a transaction. The company, which was co-founded last year by Tom Petit and Cyril Berdugo, helps large-scale investors buy and sell properties. Landis, interestingly enough, is tackling a very different side of the residential real estate market. Real estate isn’t an easy market to disrupt, though. Golden Key International Honour Society is the world's largest collegiate honor society for graduate and undergraduate students, and has strong relationships with over 400 universities around the world. These external websites are not controlled by Yolo Federal Credit Union and Yolo Federal Credit Union makes no representation or warranty. Pay bills, make important account transfers, and view transaction history when you need it. By clicking Continue you will be directed to an external website owned and operated by a third party. Our online banking lets you manage all your accounts in one place. GoldenKey’s model involved offering home sellers either a set of unbundled services (listing, home showing, transaction coordination, etc.) or a flat rate bundle for selling their homes. Yolo Federal Credit Union provides links to external sites for the convenience of its members. The company was able to secure more than $4 million in funding, including investments by Lowe’s and its venture capital arm, Lowe’s Ventures.īut that wasn’t enough to survive, and now the company is selling of its technology and data to Landis. GoldenKey, which was formerly called SoloPro, tried to build a business by offering “on-demand” real estate services at a flat fee, taking aim at the traditional commission-based real estate model. TechCrunch has the details on the acquisition, which sees Landis acquiring GoldenKey’s intellectual property and data, but not its workforce. Landis, a growing real estate investment platform that enables institutional investors to buy and sell residential real estate, is buying GoldenKey, a real estate startup that raised $4.5 million over the last few years before shutting down recently.
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