Type Private Founded 2002 Revenue $34 million USD (2015) | Industry Property Management Headquarters Livonia, MI, USA | |
Key people Mike Kalis, Founder and CEO | ||
Marketplace Homes, LLC is a real estate services and property management company based in Livonia, MI.
Contents
Profile
Founded in 2002, Marketplace Homes is the largest broker of new home construction in the country, with revenue for 2013 reported at $20 million. According to Inc Magazine they were the 6th fastest growing real estate company in the United States in 2012. The company won the gold Stevie Awards in 2012 for Real Estate Company of the Year. With a reported $30 million in revenue in 2014, Marketplace Homes was again added to the Inc. 5000 list, marking four consecutive years to be named to the list. In 2015, Marketplace Homes offered a new home buying and rental platform, ZipTours, which is the first known technology to allow interested customers to walk through properties while connected to a real-time video with an agent via the ZipTours mobile app.
Operations
Marketplace Homes operates primarily as a broker on new home construction deals with large builders such as Pulte Homes and D. R. Horton in over 40 real estate markets. The company also works as a property manager for new home buyers that are unable to sell their existing homes. If those home buyers are unable to sell their house immediately, Marketplace Homes then functions as a property management company with a guaranteed leasing program.
Marketplace Homes offerings and services to clients include:
ZipTours
ZipTours is hailed as the "biggest change the real estate industry has seen since the invention of online listings". Built to provide a user-driven experience for home buyers, ZipTours allows users to "see it, tour it, buy it" all from the mobile app. The ZipTours commercial shows the contrast for potential home buyers with a traditional real estate agent and potential home buyers utilizing the mobile app. In September 2015 alone, 1,000 individual ZipTours were conducted for both home sales and rentals. Future plans for ZipTours include licensing to other real estate agents, to both increase their capacity to serve their clients and ensure their continued safety as they show homes.