[Note from editor: The “Mastermind Showcase” highlights companies and news from GEM Diamond members. Today’s showcase comes as one of our first Peer Circles participants: NewZip]
Newzip provides a centralized platform enabling mortgage lenders to integrate real estate services into their offerings nationwide. Operating under a brokerage-as-a-service model, Newzip offers tools such as a lender dashboard, agent network, real estate concierge, consumer engagement features, a real estate marketplace, enterprise search, and loyalty rewards programs. These solutions facilitate collaboration among lenders, real estate agents, and consumers. By leveraging predictive analytics and licensed home advisors, Newzip assists in matching clients with suitable agents and managing transactions efficiently. The company partners with various financial institutions to provide services like agent matching, moving concierge assistance, and transaction cost savings through cash rewards or commission reductions.
What we like: Bridging the gap between loan officers and real estate agents is a win-win for all parties involved. Driving consumer attachment across the transaction is no easy feat; Newzip boasts a high lead-to-close conversion rate of 20%, an 80% average attachment rate, and consumer savings averaging $3,700.
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