RealMassive is launching its commercial real estate data service in a handful of lucrative new cities, the startup announced today.
The Austin, Texas-based startup provides an open platform for landlords, tenants, and others to contribute data about available commercial properties like offices, retail spaces, and more. It’s meant to be a more comprehensive, reliable solution than listing availabilities on sites like Craigslist, and those looking for properties can also search though what’s available. RealMassive then offers commercial real estate brokerage firms access to real-time data for these listings for a monthly fee and sells those local firms exclusive leads.
Today the company is expanding beyond Austin, and opening up commercial property platforms for markets in Dallas, Houston, Fort Worth, and San Antonio. And next week (Nov. 3), RealMassive will also expand the platform to the San Francisco market.
“The commercial real estate world will always be a local-based industry,” cofounder and CEO Joshua McClure told VentureBeat, adding that this is why up-to-date data about commercial properties is so hard to collect and manage. McClure also said RealMassive is in a perfect position to provide a new standard for commercial property data, which its clients are more than happy to take advantage of if only to eliminate the large number of man hours it takes to find and use this data for marketing purposes.
Founded in 2013, the Austin-based startup has raised $3.6 million in funding to date.