Former Keller Williams Realty exec's startup enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage, loanDepot and Better
Newzip, an agent-matching and cash-reward platform co-founded by former Keller Williams Realty Director of Innovation Adi Pavlovic
, has partnered with Apple Federal Credit Union to connect homebuyers and sellers to preferred agents.
Based in Boston, Newzip enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage
, who court homebuyers by offering them discounts for working with partner agents.
“We are excited about the possibilities this partnership will bring. Newzip’s concierge platform aligns perfectly with our commitment to delivering exceptional service and value to our members. With their expertise and comprehensive support, we are confident that our members will enjoy an elevated homebuying journey, receiving personalized guidance at every step.”
— Rob Drake
, Apple FCU Mortgage Originations Manager
When members of Fairfax, Virginia-based Apple FCU agree to use Newzip’s preferred-agent network, they’ll be eligible for cash rewards in the form of a closing credit equal to 0.5 percent of the sales price if they’re buying a home or 1 percent if they’re selling.
Newzip pitches itself to lenders as a “real estate brokerage-in-a-box,” promising to not only connect homebuyers with agents in their markets but streamline the process of getting them to the closing table by providing updates from its platform.