PropTiger launches PropPartnerX co-broking platform
- Added PropPartnerX, a new co-broking platform specifically for real estate agents.
- Launched a dedicated "Brokers App" available on Android and iOS.
- Expanded the city directory significantly, adding dozens of smaller tier-2 and tier-3 cities like Ayodhya, Jhansi, and Solan.
- Added a suite of new financial tools including a Loan Transfer Calculator, SIP Calculator, and Rental Yield Calculator.
- Published a prominent fraud alert warning users about a cloned website (next.proptigerpro.com).
- Updated the user dashboard to include sections for "Recently viewed," "Enquired," and "Liked" properties.
PropTiger is expanding its business model from a consumer-facing portal to a B2B marketplace. By launching a co-broking platform, they are trying to capture the broker network and earn commissions from agent-to-agent deals, rather than just direct buyer leads.