Launching Our Online Platform for Property Investors
Today we’re excited to officially launch our digital platform for property investors that streamlines the process of sourcing and purchasing investment properties. What’s especially exciting about this new online marketplace for investors, is that it’s the first and only one that provides access to exclusive and vetted properties sourced directly from homeowners looking to sell to a property investor. You won’t find these properties on the MLS — or anywhere else — and property investors can now save time and thousands of dollars finding their next investment.
Before the release of Sundae’s marketplace, investors accessed our property inventory via text message and email. That was not only time-consuming but inefficient for both the homeowner and investor. Now we’re able to hone in on our mission with a more sophisticated way to match investors with exclusive properties directly from our sellers, and in turn, get homeowners the highest price possible.
I know first-hand how difficult it is to be a property investor looking for the next investment opportunity. Prior to Sundae, I helped start an online mortgage bank specializing in short-term residential bridge loans, and before that, co-founded a residential real estate private equity firm focused on buying, renovating, and selling houses. A lot of time and money is spent digging for the next opportunity by driving for dollars, sending direct mail, scouring the MLS and auction sites, only to come up empty-handed. Sundae’s platform for investors removes that burden of finding and vetting properties and gets the homeowner a fair price when they need to sell as-is. That’s the Sundae mission.
Properties on Sundae come with a detailed packet, including comprehensive home inspection and title reports, disclosures, high definition photos, and 3D tours, allowing investors to make an offer with confidence from anywhere, without ever needing to step foot in the property. Search and filter based on your location, underwrite the property in minutes, make an offer in seconds, save opportunities for future review, and manage account settings, all in one spot.
And if investors have questions – our dedicated Investor Advisors are there to guide them every step of the way.
Here’s what some of our investors are already saying:
“I love the marketplace site and the ability to analyze each property before making an offer on it. It’s super convenient. The process is super streamlined, and I feel like I have an advocate in your Investor Advisors who guide me through the process from start to finish. Sundae is definitely a contributing factor to the growth of our own business.”
-Hugo M., Sacramento
“Sundae definitely saves us time and money! Not having to schedule inspections, not having to utilize teams to make outbound dials, not having to go out on appointments and contract with the deals.”
-Erin S., Sacramento
“It’s been great that Sundae provides everything that we need as far as the home inspection, seller disclosures, and the prelims, which helps us as investors make a decision quickly to be able to buy the property.”
– Andrea Y., Sacramento
We’ve raised $135MM since starting Sundae in 2018 with contributions from Grammy Award-winning artist and Actor/Producer Will Smith, KYGO and Palm Tree Crew, three-time NBA Champion and Gold Medalist Klay Thompson of the Golden State Warriors, DK Metcalf, NFL All-Pro of the Seattle Seahawks, and Solomon Hill of the Atlanta Hawks.
Sundae is rapidly expanding, from four markets in California at the end of last year, to now operating in more than 15 markets across California, Florida, Georgia, Texas, Colorado, Utah, Tennessee, Washington, and more opening soon.