By now you have probably heard about Movoto, a real estate analytics and search company that is developing a real-time analytics app that lets users track real estate data.
The Movoto app lets you view real estate transactions, see sales history, find properties and get data on the market.
In a nutshell, the Movoto real-estate app lets realtors know when a property is available for sale and when it is not.
The app has received a lot of attention in recent weeks.
One of the company’s developers, David Wohl, said in an interview with CNBC that the app is “the next step in real estate market analytics” and that the Movota app has been downloaded more than 200,000 times.
Wohl said that the real estate industry is facing an increasingly competitive landscape.
Real estate data is becoming a commodity.
The demand for real estate real-space has grown exponentially.
As a result, realtor companies are having to build their own analytics platforms to better understand the market, he said.
Wol said that Movoto has been in the real-life data space for two years and has built a product that offers a “data-driven business.”
Wohl said Movoto’s analytics tools are “more efficient than Google Analytics” and offer a “big data set.”
He said the Movo app is the next step for realtoring companies.
“We’re trying to get more people into the data-driven world,” he said, adding that the company is working on partnerships with major real estate brokerage companies.
The Movoto website lists real estate listings, real-data, realtime, real time data and real estate.
The company’s app, which will be available in the coming months, allows users to view real-times data for specific properties.
Real-estate listings include location, title, price, condition, availability, price range, home location, proximity to amenities, number of people per unit and more.
The app will also let users search by the property’s address, name, phone number, address, zip code and more, Wohl explained.
The company also has a list of properties that are available for rent, including listings for apartments and condos, as well as a list that includes “affordable homes and apartments” for sale.
Wohl said that data from the Movotas real-world analytics is being used to improve Movoto services and that Movo will offer more data for its clients to use.
“Data is the future,” he told CNBC.
“This is what the market needs.”
The Movotavo app will be free to users, though the realtime data from Movoto will cost $3.99 per month.
Wohl also said the company would offer an upgrade to users that purchased a Movoto membership or were a member of Movoto-sponsored programs like Movoto Rewards.
Wojciech Krawczyk/Getty ImagesMovoto has raised $8.5 million in funding from investors including Softbank, SoftBank Group, Intel Ventures, Intel Capital, The Carlyle Group and the Andreessen Horowitz Fund.
The startup was founded in 2013 and has raised about $7 million in venture capital since its inception.