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TRELORA Announces Expansion Plans At Techstars 'Demo Day'

Commission-free real estate company, TRELORA, commits not to franchise and confirms it will open a Home Center in Fort Collins before launching its second major U.S. city.

TRELORA Commission-Free Real Estate. First-Rate Service. One Flat Fee.

News provided by

TRELORA

Sep 15, 2015, 09:50 ET

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DENVER, Sept. 15, 2015 /PRNewswire/ -- Denver's 2015 "Start-Up Business Of The Year" is now also a graduate of Techstars, a prestigious global business accelerator headquartered in Boulder, CO. During the program's closing event on September 9, Joshua Hunt, CEO, shared the company's record growth statistics along with its expansion strategy, including the anticipated location of its next Home Center.

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Joshua Hunt, CEO, pitches TRELORA to a full auditorium at the Boulder Theater on September 9, 2015.
Joshua Hunt, CEO, pitches TRELORA to a full auditorium at the Boulder Theater on September 9, 2015.

"We launched in Denver and we've become the number one brokerage in Colorado for transactions-per-agent," Hunt shared with the audience from the Boulder Theater's stage. "We have sold over 1100 homes, saved families $13 million and currently have 60% year-over-year growth. Our plan is to expand Denver's market share and open Fort Collins and an additional major metro market."

TRELORA has raised an undisclosed amount of early stage investment and will use institutional capital to open new markets as a traditional corporate entity, a rare approach in an industry full of franchisors. When asked why he chose against franchising as a growth strategy, Hunt replied, "It's not for us. We will never franchise. Our goal is to rebuild this industry to best serve homeowners, and we are finding success by following tried and true customer service companies like Starbucks, Kaiser Permanente, and Apple Retail."

This week, TRELORA moves back into its newly renovated, state-of-the-art Home Center on Platte Street. The upgraded space boasts twice the square footage and a more open layout, and it is specifically designed for optimal collaboration as well as supporting transparent service to buyers and sellers.

In weeks ahead, TRELORA will release advancements to its technology platform that change the way consumers experience a real estate transaction. Hunt states, "Our upcoming technology releases are long overdue to homeowners. It's high time for our industry to step out of the dark ages, empower our clients through insane service and technology, and protect them during the transfer of their asset."

About TRELORA   
TRELORA is the word REALTOR® jumbled. The disruptive brokerage has become a leading provider in the Colorado real estate community by replacing commissions with a consistent service fee on both sides of the transaction while providing an expert assigned-agent team, comprehensive client services, and responsive communication 7 days a week. TRELORA's employee-based business model is supported by a cutting-edge technology platform that allows every agent to enjoy two days off per week while supporting every buyer and seller with consistent, proactive service.

TRELORA believes that real estate agents' pay should be negotiated fairly and openly during each transaction, not tied to the outdated, percentage-based commission model. This approach recognizes each transaction and each buyer/seller relationship as being unique, which they are, and removes the opportunity for price fixing or collusion among agents to the detriment of either client. To date, TRELORA has saved buyers and sellers over $13.5 Million in commissions.

For more information on TRELORA, please call 303.886.3000 or visit TRELORA.com. Please follow TRELORA on Facebook, Twitter, LinkedIn, Pinterest, Instagram and its official Blog.

Video - https://www.youtube.com/watch?v=4Ip_k4h9XTY   
Logo - http://photos.prnewswire.com/prnh/20150915/266547LOGO

SOURCE TRELORA

Related Links

http://www.trelora.com

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