MungoList will launch tomorrow
MungoList.com is a Boston real estate startup that is looking to change how real estate buyers, sellers and practitioners connect and positions themselves as a service that helps Realtors grow their pipeline. Agents can post their listings for free on MungoList and they do not sell buyer leads or charge listing agents to be featured on their own listings, claiming that is what separates them from their traditional real estate search competitors.
“MungoList provides a new way for real estate agents to be paid for their expertise and time,” the company says, and their goal is to disintermediate the search portals that offer to sell back leads to agents based on the listings the agents themselves put into syndication.
The company offers a Pro version which offers exclusive agency listings wherein sellers pay for services a la carte. Pro account holders that connect with a seller on MungoList is required to list the property in the MLS as an exclusive agency listing. Pro membership also offers zip codes for sale at $31 per month per zip code.
Founder Robert Nichols said, “real estate agents work hard for their listings and shouldn’t have to pay a fee to be exclusively featured on their own listings. This just doesn’t make sense.” MungoList tells us they have additional features rolling out in coming months and that a 30 day free Pro membership is available.
The company has taken on an ambitious role in the real estate industry and while we see it as having potential for lead generation, it will take some hefty funding and influence to steal market share from the big boys of real estate search.