Metrekare.com

Metrekare. com is a real estate marketplace that specializes in facilitating the buying and selling of diverse property types, including residential, commercial, and agricultural spaces, primarily in Turkey. Founded in 2013, Metrekare. com operates as an online platform designed for real estate transactions.

It is headquartered in Istanbul, Turkey. The company has undergone no known pivots or structural changes since its inception. No information is available about subsidiaries or previous companies established by its founder. The most recent funding round occurred on May 13, 2014, when the company received financing from Earlybird Venture Capital, although the financial terms were not disclosed.

Metrekare. com operates a modern real estate marketplace that provides a comprehensive platform for buying and selling various types of properties, such as residential homes, commercial spaces, and agricultural land. The platform allows users to engage in real estate transactions by accessing a vast array of listings with detailed descriptions and property valuations. Users can submit bids in auctions, enhancing their chances of acquiring properties at favorable prices.

The platform serves individual buyers, investors, and real estate brokers, with significant operations in cities including Istanbul, Ankara, and Izmir. Its user-friendly interface and customer support facilitate the entire process from initial inquiries to finalizing property transfers. Metrekare. com generates revenue primarily through transactional fees associated with the property sales it facilitates on its platform.

The company collects fees based on the sale price of each successful transaction. Its clients include individual consumers as well as business-to-business partners, such as real estate agents who list properties on behalf of sellers. This dual revenue model allows Metrekare. com to benefit from both direct-to-consumer transactions and B2B service offerings.

Premium services, including enhanced listings or advertising features for sellers, may also contribute to revenue streams, although specific pricing plans for these services are not publicly disclosed. Following its most recent funding round in May 2014, Metrekare. com is looking to enhance its platform by developing new features aimed at improving user experience. The company is also considering expansion into additional markets, though specific regions or timelines have not been disclosed.

The funding received from Earlybird Venture Capital will be utilized to support these growth initiatives, focusing on product enhancement and market reach.