ProntoPiso

About ProntoPiso

ProntoPiso, established in 2017, operates within the Spanish real estate technology sector, aiming to streamline the property selling process. The company was founded by Andrés Pla, Antai Venture Builder, and real estate professionals Miguel Vicente, Gerard Olivé, and Fernando Puig. Their business model is centered on guaranteeing the sale of a property within a 90-day period. If the property remains unsold after this timeframe, ProntoPiso advances the seller 95% of the agreed-upon market price.

The service is designed for homeowners who need to sell their current property to finance the purchase of a new one, mitigating the uncertainty and financial risk associated with traditional property sales. ProntoPiso's revenue is generated through a commission on the final sale price, similar to a conventional real estate agency, but with the added value of the 90-day sales guarantee. The company leverages technology and data analysis to determine an objective market price for the properties it lists, a key component of its ability to offer the sales guarantee.

The firm's core offering addresses the common challenge of needing to coordinate the sale of an existing home with the purchase of a new one. By providing a financial safety net, ProntoPiso allows homeowners to make offers on new properties with confidence. This service positions the company as a significant player in the proptech market, specifically targeting the residential sales segment in Spain.