Ireland-based proptech startup Homebuyer’s Hero has revealed more details of its business model.

Having previously unveiled plans to cooperate with Mayo County Council to bring vacant properties back into use, it has now revealed that it will launch a platform called New Builds on 12 Jan.

According to the company’s website, this will enable users “to declare their interest in purchasing a new build home.”

“We have expressions of interest from home builders, eager to engage in our risk management processes to build at scale, with buyers having input at the very earliest stages of residential development.”

This platform will initially be available in two parts of the country, but these have yet to be named.

Meanwhile, Homebuyer’s Hero has called on Minister for Housing Darragh O’Brien to establish a ‘proptech fund,’ “a state backed fund specifically structured to be able to help businesses like ours (property market technology) where existing state business supports simply can’t help.”

Homebuyer’s Hero describes itself as “effectively ‘bootstrapped’ — that is, we are a private business which is financed through a very limited ‘friends and family’ investment round.”

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