Residential brokerage firm and client relationship management platform provider @properties has announced the acquisition of Suburban Jungle Group, a real estate technology and advisory firm.
Suburban Jungle offers pre-search consultation services, allowing homebuyers to identify preferred neighbourhoods before pairing them with real estate agents.
"This is lead generation unlike any other," said @properties co-CEO Thad Wong. "Suburban Jungle clients have a strong understanding of where they want to live and why; and they are ready, willing and able to purchase a home. The conversion ratio is off the charts because the client experience is off the charts."
Suburban Jungle founder and president Alison Bernstein will continue to lead the company, which will continue to operate independently in nine major metropolitan areas in the United States, including New York, Chicago, Dallas/Fort Worth, Philadelphia, San Francisco, Boston, Washington, D.C., South Florida and Austin. The sale was said to provide Suburban Jungle with resources to expand its technology and operating markets.
