Company Research Report: Spark RE Technologies Inc.

Company Overview

Name

Spark RE Technologies Inc.

Mission

Our mission has always been to help the new development industry sell more homes, faster. As the momentum in digitization amplifies, we're proud to lead the new development industry in digital sales, marketing, and management solutions as we strive towards powering every new development transaction.

Founding

Founders: No information is available.

Founded Year: 2012.

Key People

CEO: Simeon Garratt

Important Team Member: Maddy Darby, Customer Success

Headquarters

Spark RE Technologies Inc. acknowledges that it is situated on the unceded traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) Nations. No additional specific headquarters detail provided.

Number of Employees

No information is available.

Revenue

No information is available.

Known For

Spark is known for powering new development real estate, providing a suite of products specifically crafted for real estate developers, project brokerages, marketers, and sales teams.

Products

Overview

Products Offered:

Inventory

Contracts & Closing

Marketing

Data & Reporting

Product Descriptions and Key Features

CRM

Description: Manages customer relationships, leads, and tasks.

Key Features: Client data management, automated communications, tracking customer interactions.

Inventory

Description: Manages inventory of real estate units.

Key Features: Real-time inventory updates, unit availability tracking, sales status monitoring.

Contracts & Closing

Description: Facilitates digital contracts and closing processes.

Key Features: Digital contract signing, secure document storage, transaction management.

Marketing

Description: Manages and coordinates marketing campaigns.

Key Features: Targeted email campaigns, lead generation tools, marketing performance analytics.

Data & Reporting

Description: Provides robust reporting and analytics tools.

Key Features: Sales data analysis, marketing metrics tracking, customizable reports.

Recent Developments

New Products Launched

No information is available.

New Features Added to Existing Products

Q2 2024 Product Update: Details not provided.

Integration with Proxima HQ (July 9, 2024): Announced integration.

Integration with Livabl (August 29, 2024): Announced integration.

Data Security Enhancements (July 30, 2024): Spark is doubling down on data security.

New Partnerships

RESAAS Integration: Integration with RESAAS, a leading real estate CRM firm.

Tree Canada Partnership: Tree planting initiative in partnership with Tree Canada, aimed at planting one tree for every unit sold using Spark’s Digital Contracts.

Case Studies & Impact

Developer Case Studies

Westbow Construction: Family-owned developer building homes in British Columbia and Saskatchewan.

Dawson + Sawyer: BC-based developer with 50 years of experience.

Project Marketer Case Studies

Austin Birch: Toronto's Premier Project Marketing Firm with over $8 Billion in New Development sales.

Hestia Marketing Group: Leading real estate sales and marketing consultancy in North America.

Brokerage Case Studies

Slifer Smith and Frampton (SSF): Ranked the No. 1 real estate firm in the Vail Valley and Summit County.

Douglas Elliman Development Marketing (DEDM): Premier residential real estate brokerage with a portfolio valued over $87 billion dollars.

Social Impact

Reduce & Replenish Program: Offsetting the carbon footprint by reducing paper waste and planting trees through a 1:1 goal for every unit sold using Digital Contracts.

Summary

Spark RE Technologies Inc. represents a vital player in the digital transformation of the real estate development industry. It offers a comprehensive range of digital tools designed to streamline sales, marketing, and management processes for real estate professionals. The company's commitment to innovation, customer success, and social impact is evident in its products and partnerships.

No information about the number of employees or revenue is available, nor are specific details about recent product launches and detailed Q2 2024 product updates provided.