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FOR RELEASE: December 18, 2018

Rapidly growing real estate start-up chooses up-and-coming Phoenix/Tucson market as its latest launchpad

Phoenix, AZ - As we round out a strong 2018, all signs point to 2019 growth in the already strong Phoenix housing market. And that’s attracting more than just buyers - it’s attracting tech: Faira, a Seattle-area start-up that puts the power of buying and selling homes in the palm of peoples’ hands, is now in Maricopa County and beyond.
Why Arizona? With a title that read “So long, Silicon Valley, Hello Heartland” new data from Trulia shows just how appealing the Phoenix housing market is on a national level. From job growth to affordability, Phoenix is #7 on their list - and those same factors are what drove Faira to launch its services in Arizona.
What’s Faira? An online platform for home buyers and sellers. For sellers, it removes the expensive 6% commission that normally comes with a traditional real estate broker. In using Faira, sellers save thousands of dollars per sale. It’s lucrative for buyers too: the fewer commissions, the more cash in hand at the end. Buyers can save 2% at closing.
Phoenix now joins sister cities Los Angeles, San Francisco, and Seattle as a place where buyers and sellers can rely on web app-lead transactions to guide them through the home-transaction process. As we make our way into the new year, buyers in Arizona need to know this money-saving option is available to them.
We can provide sound/interviews with:
Kamal Jain, CEO of Faira, talking about housing trends and consumer behavior to find out if customers are interested in - or afraid of - adopting new ways to buy and sell homes in a fluctuating market. What’s ahead for all of those players in 2019? Dr. Jain is also available to offer expert commentary on real estate & tech trends for your year-end/look ahead pieces in the new year


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