Real estate transaction software provider Sisu announced the launch of Sympli, designed to assist Sisu clients in establishing their own mortgage, insurance and title businesses.
Leaders said this marks a significant step in reshaping the real estate landscape, offering a comprehensive business and technology solution for real estate teams and high performing brokerages to enhance their ancillary revenue streams.
“Sympli is more than just a business partnership; it’s a catalyst for transformation in the real estate industry,” Brian Charlesworth, CEO and founder of Sisu, said in a release. “By empowering our clients to start their own mortgage, insurance and title businesses, we’re opening up new avenues for growth and profitability.”
Sympli offers a streamlined approach for real estate team and broker owners to diversify their services with aim of enhancing value proposition and client experience.
“Our vision with Sympli is clear – to empower real estate teams and brokerages to take ownership and legally monetize the entire transaction process, while providing a better experience for their customers,” Frank Felice, chief revenue officer of Sisu, said in a release. “In today’s times of commission compression, ever-increasing lead platform success fees and the anti-trust lawsuit, smart teams and high performing brokerages need to focus on how to set up RESPA-compliant ancillary businesses to diversify their income and strategically set them apart from their competition. This initiative is about providing our clients with the tools, technology, and team necessary to succeed in a competitive and ever-competitive, compressed market.”
The company added that business ventures proposed by Sympli are tailored to meet the evolving needs of the real estate industry while addressing challenges teams face in integrating ancillary services like mortgage and title into their offerings.