News:
Brokerage
Posted: September 1, 2017
Mucha launches Igluu.com–intuitive real estate platform focusing on usability, simplicity and transparency
New York, NY Entrepreneur Martin Mucha saw an opportunity to create a new industry standard for a residential real estate site. Igluu.com pulls its listings from top feeds such as REBNY’s RLS, ListHub’s RealPlus and Nestio – and September integrations with OLR and Spherexx. On the day of launch, Igluu featured over 5,000 listings and will cover more than 95% of all active listings by the end of 2017.
Igluu is built around seamless search and discovery, incorporating the latest usability philosophies. Unlike other sites, Igluu only hosts exclusive listings and doesn't support Premier Agent, where unrelated brokers can bid on listing opportunities. Mucha believes that the practice of selling leads dilutes the quality of broker service, which causes users to have bad experiences. Instead, Igluu can quickly find and contact the broker best suited to show the property.
At the other end of the platform, the site is also engineered with the real estate broker’s best interests in mind. The site avoids daily listing fees, and features brokers in visually rich and engaging profile pages. “The idea is to personalize the brokers and to create a community feel,” said Mucha. “Our goal is to eliminate all the obstacles which keeps brokers from doing their jobs effectively.”
The Igluu team is betting that technology will continue to shape the real estate space and have scheduled innovative features and integrations to be unveiled in the coming months. Although secretive about what exactly these updates will be, Mucha believes users will be more than pleased. “We’re experimenting with artificial intelligence, blockchain and working on powerful ways to keep people engaged,” said Mucha. “We are committed to advancing the online real estate experience and it’s going to be really cool.”
Tags:
Brokerage
MORE FROM Brokerage
REALM, DelShah Capital and A.M. Properties acquire 377,000 s/f CitySpire office condominium
Manhattan, NY REALM, in partnership with DelShah Capital and A.M. Properties, acquired CitySpire, a 377,000 s/f office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown. Adjacent to Central Park with transit access and amenities, CitySpire is a Class A office asset located in one of the city’s most sought-after office corridors.
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.