Real estate agents are always striving to win more listings, generate more offers, and ensure their clients are happy and satisfied with the process. The traditional or archaic real estate deals require so much time, energy, and money— every person’s three most important resources. This need is precisely the reason why Khaled Yatim co-founded the NILE platform.
NILE is real estate software equipped with modern technology that empowers real estate agents to give better service to their clients. The software equips agents with a one-stop-shop platform to close more deals, make the negotiation process easier, sell at a more competitive price, and streamline the entire process. NILE’s efficient and tested software lessens the residential real estate sale process from weeks to as little as five days. In the past, real estate agents went through a prolonged brokerage process that would charge around 10 to 30 percent of the transaction.
Khaled Yatim, Founder of NILE, grew up in a family of academics but was deeply interested in real estate properties from an early age. Yatim acquired his real estate license at the young age of 18 and became the youngest and one of the highest record brokers who sold $500 million of real estate throughout his short career.
Yatim has become an expert in doing real estate deals. His experience ranges from buying to the listing agent, home owner, and developer side. These hands-on experiences gave birth to his deep interest in using the latest technology in real estate, which positioned him in a unique niche. While contributing to the development aspect of the real estate industry, Yatim’s eyes opened to the possibility of streamlining the transaction processes that would lead to the creation of the NILE suite of technology.
“We know that real estate transactions are a human-to-human experience. Many top-selling agents and brokerages are using our technology to enhance the transaction experience today and more into the future and beyond,” said Yatim. “Our company will help them surpass their goals.” In a traditional transaction, the seller faces tons of paperwork and the leg work that goes with it. They formalize and sign listing agreements, disclosures, offers, counteroffers, escrow documents and amendments. NILE’s efficient process reduces the heavy load of the process for the sellers and allows the real estate agents to give more time in growing and developing their business instead of being bogged down by too much admin work. In addition, this process would revolutionize buyer-seller relationships by reducing friction fostering a healthy relationship between the two parties.
The NILE platform aims to revolutionize the real estate industry by empowering individual agents and brokerages to outperform their competitors in the industry. The platform is backed by high-end blockchain technology and has a ‘list-sell-close’ system with ‘smart-contracts’ to significantly reduce the amount of time spent on each transaction.
NILE empowers agents and brokerages to fully control what happens in the sale process because the platform serves as the best digital assistant that they could ever have. NILE’s software directs a property from listing to close, streamlines the paperwork in less than 20 minutes, and allows sellers to get the most competitive price for their home. NILE remains true to its claim when they said that their system would provide “Easier Processes, More Offers, Happy Customers,” as their tagline promises.
