Richr, a real estate technology company, launches in the South Florida Tri-County area with a mission to make home selling and buying free, an industry first.

Richr empowers sellers to take control of the sale process themselves to keep the 6% commissions agents typically charge, which can correlate to 20% of home equity for those with 70% mortgages. With the current residential real estate market sitting stagnant and with interest rates on the rise, Richr wants sellers to fund their futures by reinvesting their home equity, instead of giving it to agents.

The platform gives homeowners the ability to market their homes on the MLS and hundreds of other sites, for FREE. After homeowners list their homes, Richr's seller guide helps homeowners plan open houses and viewings, negotiate offers, select the right buyer, navigate paperwork and close the deal, all without having to leave Richr.

Founder Glenn Orgin stated, "Our vision is for home sellers and buyers to have the ability to transact homes online, for free, with one click. In 2020 we will roll out co-investment products to sellers, buyers, and investors to provide new financing options that traditional banks cannot deliver."

Richr has raised $500,000.00 from The Faith Group in early funding and plans to raise another round in the coming months to accelerate expansion and build out its investment platform.

Richr is actively expanding its network of brokers to aid its growth into different markets.

About Richr: Richr is a real estate technology company with a platform that captures sellers home data, enabling listings on the MLS and hundreds of other sites for free. This is the first step in its mission: to provide a collaborative platform where sellers and buyers transact freely without expensive middle-men and have access to investors wanting to share in the future value of their home. Founded in 2018 by Glenn Orgin, Richr has launched in Miami-Dade, Broward and Palm Beach counties in South Florida and is expanding soon to New York, and California. For more information, please visit our website at https://www.richr.com/ or phone us at 707-760-9915.