Company Research Report: Courted
Company Overview
Name, Mission of the Company
Courted: Our mission is to deliver innovative technology that improves the experiences and outcomes of brokerages and real estate professionals.
When Was the Company Founded and By Whom
No information is available.
Key People in the Company
- Sean Soderstrom - Founder & CEO
- Dan Breitbach - Founder & CTO
- Joe Urciuoli - Founder & Head of Engineering
Where is the Company Headquartered
Address: 236 W 27th St, 15th Fl. New York, NY 10001
Number of Employees
No information is available.
Revenue of the Company
No information is available.
What is the Company Known For
Courted is known for being an AI-powered brokerage recruiting and retention platform, specializing in enhancing the growth and retention strategies of real estate brokerages using predictive analytics.
Products
Courted Talent Solutions
High-Level Description of the Product
Courted Talent Solutions: A real estate recruiting and retention platform that leverages artificial intelligence and predictive analytics to help brokerages recruit more agents efficiently, retain their best agents, and ensure cultural fit within the brokerage.
Key Features
1. Higher Conversion Rates
- Recruit more agents in less time by leveraging Courted's proprietary predictive analytics.
2. Better Targeting
- Identify rising star agents and those most likely to leave through machine-learning forecasts.
- Use proprietary Sales Volume Forecast models to recruit agents overlooked by competitors.
3. Higher Retention Rates
- Retain top agents by identifying those at risk of leaving before they do.
4. Culture-Centric Hiring
- Ensure new hires fit well within the company's culture by offering insights into agents' past collaborations and performance.
5. Office Benchmarking
- Keep track of office performance and recruiting movements to make data-driven decisions.
Recent Developments
What are the Recent Developments in the Company
1. Courted Wins Inman’s Innovator of the Year Award:
- August 5, 2024, Courted and co-founder and CEO Sean Soderstrom won the Inman Innovator of the Year Award.
2. Appointment of Jeff Kennedy as Strategic Advisor:
- July 12, 2024, Courted announced Jeff Kennedy as a new strategic advisor to the company.
3. Recognition at Inman Innovator Awards:
- July 8, 2024, Courted was recognized in multiple categories at the prestigious Inman Innovator Awards.
What are the New Products Launched
No information is available.
What are the New Features Added to the Existing Products
No information is available.
Any New Partnerships
1. Partnership with the National Association of Realtors (NAR):
- Courted is backed by the National Association of Realtors and investment from REACH.
2. Jack Conway's Successful Recruitment:
- February 21, 2024, Courted helped Jack Conway recruit $130M in sales volume, making 2023 the best recruiting year in their history.
Courted continues to revolutionize the real estate industry by integrating advanced data science and predictive analytics to streamline recruiting and retention processes for brokerages. Their recognition and recent developments highlight their innovative approach and commitment to technological advancement in the real estate sector.
