Sisu, a fintech company that offers software solutions across the real estate operating system, launched a new initiative to assist its clients in establishing their own mortgage, insurance, and title businesses. The company said its new offering, Sympli, is a comprehensive business and technology solution that can enhance ancillary revenue streams for real estate teams and high performing brokerages.
“Sympli is more than just a business partnership; it’s a catalyst for transformation in the real estate industry,” Sisu CEO and founder Brian Charlesworth 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.”
Sisu Chief Revenue Officer Frank Felice said the vision for Sympli is to empower brokerages in taking ownership of the transaction process and providing a better experience for their customers.
“In today’s times of commission compression, ever-increasing lead platform success fees and the antitrust 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,” Felice said. “This initiative is about providing our clients with the tools, technology, and team necessary to succeed in a competitive and ever-competitive, compressed market.”
Simpli’s business venture proposal is tailored to meet the needs of an ever-changing real estate industry, Sisu stated. It helps resolve challenges that can arise in integrating ancillary services like mortgage and title into a real estate team’s offerings, the company added, allowing Sisu clients to expect a comprehensive and profitable approach to business expansion.
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