Chaitanya V Cotha, Co-Founder, Jai Prakash Pai (Angel Investor), Edvin Varghese (CTO) & Narayan Lal (Founder & CEO)
The Indian real estate sector is growing 20 percent annually and contributes seven percent to India’s GDP. The credit for this majorly goes to brokers who are involved in around 70-80 percent of the deals. Unfortunately, most of the brokers especially the local brokers don’t get an adequate platform, wherein they can easily engage with the customers. This also makes property seeker’s search for property a daunting task. Enhancing the ecosystem of this bitty system, Brongo after doing background screening of brokers lists authentic hyper local brokers with rating & reviews on its App. On the flipside, it also protects the customer’s identity like their contacts with cloud calling (click to call on the app), hence enables customers to engage with brokers without any fear. As the Brongo’s root word 'iungo' meaning connect in Latin, Brongo is India's first real estate broker aggregator that connects property seekers with hyperlocal brokers in real-time within 60 seconds for resential & business property
seekers. By providing all the leads and a confirmed brokerage on its Broker app, Brongo also empowers local brokers to evade the need for an office space.
"Brongo restricts local broker to a maximum of three micro markets with commission agreed even before the start of the deal, eluding confusion during the deal’s closure"
Closing the Deal in the Bat of an Eye
Streamlining the process, Brongo restricts local broker to a maximum of three micro markets with commission agreed even before the start of the deal, eluding confusion during the deal’s closure. Brong also ties-up with builders to highlight project to the local brokers. Explaining the aforementioned, Narayan Lal, Founder & CEO, Brongo, says, “When a property seeker looks for a property, only the hyperlocal brokers of that area are notified. The brokers will bid and whoever is swiping fastest will be listed on the App and the customer can pick anyone depending upon his/her choice or checking broker’s past performance”. The whole deal is monitored by Brongo’s deal managers, while the field operations team, arranges site visits for the customer within 24-48 hours. Apart from assigning a backup broker to customers who are not happy with assigned broker, Brongo also offers free legal services, free insurance for the property & discount on property maintenance after the deal closure for each & every deal.
"Brongo restricts local broker to a maximum of three micro markets with commission agreed even before the start of the deal, eluding confusion during the deal’s closure"
Closing the Deal in the Bat of an Eye
Streamlining the process, Brongo restricts local broker to a maximum of three micro markets with commission agreed even before the start of the deal, eluding confusion during the deal’s closure. Brong also ties-up with builders to highlight project to the local brokers. Explaining the aforementioned, Narayan Lal, Founder & CEO, Brongo, says, “When a property seeker looks for a property, only the hyperlocal brokers of that area are notified. The brokers will bid and whoever is swiping fastest will be listed on the App and the customer can pick anyone depending upon his/her choice or checking broker’s past performance”. The whole deal is monitored by Brongo’s deal managers, while the field operations team, arranges site visits for the customer within 24-48 hours. Apart from assigning a backup broker to customers who are not happy with assigned broker, Brongo also offers free legal services, free insurance for the property & discount on property maintenance after the deal closure for each & every deal.
The credit for delivering such an enduring experience both to the property seeker and the broker goes to the passable technology used in the app. Available on Android & iOS, the app is built using Swift 3.0(iOS)& JAVA (Android) with backend technology based on scalable AWS cloud, Web CPI, Apache Tomcat, hence can handle up to two million requests. Thanks to these thriving features, apart from property seekers its a blessing for commercial businesses looking to grow across the city. Brongo ensures that their real-estate requirements is looked by the best hyperlocal broker who can offer existing inventory or get their feet on ground to identify the right space within 30 mins.
Aiming to enhance the app, Brongo intends to leverage AI to monitor the deals done, their ratings & review, reduce the time taken, offers expertise based on deal closures, assign brokers who could be the best fit for the client, and more.
Expanding Footprint
Established in 2017, Brongo’s app went live in March 2018 and today it’s live in 80+ locations across Bangalore through 250+ hyperlocal brokers. It will soon launch in Thane, Mumbai, Delhi & Gurgaon also and capture the entire NCR & MMR region post that. The company that offered its services absolutely free for the first six months aims to make the transactions performance based as it grows.
Aiming to enhance the app, Brongo intends to leverage AI to monitor the deals done, their ratings & review, reduce the time taken, offers expertise based on deal closures, assign brokers who could be the best fit for the client, and more.
Expanding Footprint
Established in 2017, Brongo’s app went live in March 2018 and today it’s live in 80+ locations across Bangalore through 250+ hyperlocal brokers. It will soon launch in Thane, Mumbai, Delhi & Gurgaon also and capture the entire NCR & MMR region post that. The company that offered its services absolutely free for the first six months aims to make the transactions performance based as it grows.
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