Your Best Friends in Real Estate

Monetize and track your relationships

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WHAT WE DO.

reConsortia created a proprietary patent-pending Distributed Title Ledger (DTL) for every piece of real estate in the United States. The DTL gives real estate practitioners the opportunity to track their real estate client relationships – property referrals, off-market inventory, vendor services, you name it.

We increase client retention and ensure recurring business.

The magic happens on our two products: Referral Match and Referral Track.

Referral Match

Match your outbound referrals to the right agent. Or get matched if you’re picked.

Match your clients to relevant vendors. Get paid for that referral.

Referral Track

We track referrals to ensure trust and payment.

Why This Matters

Real estate practitioners and vendors lose $50B each year to lost commissions, excess marketing, and wasted time.

New bombshell lawsuits and a fracturing industry only make it worse.

Don’t Fear! We’re here

  • We’re creating a universal, worldwide real estate network that provides value to everyone real estate touches, from agents to MLSs, now and forever.

    How? Let’s take a deep dive into our products.

Referral Match

Request or bid on all types of referrals. Find the perfect match on reConsortia.

1. Enter Request

Be specific – have an agent disclosure or where your client is moving on hand.

2. Bidding Time

Vendors or agents bid on your request. Chat with them so you’re comfortable.

3. Share Client Info

After accepting a bid, share client info to initiate the referral.

4. Payment

Payment is made and the referral is tracked by our Distributed Title Ledger.

Referral Track

We use blockchain to track referrals from the start until the referral fee is paid.

1. Enter Referral

If you know the other party, enter their contact info and client details. We create a permanent blockchain record of the referral.

2. Referral Closes

You’ll get a notification when the property closes.

3. Commission Time

We collect net commission from escrow and disburse to referral and recipient agents or brokers.

4. Confidence

If the referral isn’t caught before escrow closes, we use a match and append process to track down referral fees.

Who Benefits

Real Estate Practitioners

Dominate market share, reengage with old inventory, give clients great experiences

Property Managers

Reduce insurance premiums, get client referrals, give tenants price transparency

Vendors

Direct access to key demographic, reduce marketing expenditures, constant flow of business

FAQ

Can I refer to anyone I want?

Yes! And if you don’t have a recipient, we’ll find you on on our marketplace. Our network of agents and brokers will make you happy.

What if I don't have a referral to give?

Then we’ll get you one.

Is REC a real estate brokerage?

REC is a technology company, not a real estate brokerage. Any real estate practitioners, settlement agents, loan originators/underwriters, and anyone else from any firm can join the REC community!

Can I set my own fees?

Yes! We’re democratic. Referral splits are set on a peer-to-peer basis. So, you determine the commission split.

Do you handle legal?

Yes, we handle any and all disputes.

Solid Foundations

Our team has decades of experience all across the real estate world. We’ve seen the past. And we’re thinkers – always ahead of the curve.

That’s why REC is top of the NAR Second Century Ventures REACH® class of 2019. REACH® is the #1 Accelerator in Real Estate and develops promising new real estate tech companies.

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