Bōde Canada

Bōde Canada

Online platform for buying and selling home or real estate.

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DateInvestorsAmountRound
investor investor investor

€0.0

round
*

N/A

Debt
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20212023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Bōde Canada
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Bōde Canada operates as a digital, peer-to-peer real estate marketplace, aiming to reshape the conventional property transaction model. The company was established in Calgary, Alberta, in 2019 by a team that includes Robert Price (CEO), Jeff Jackson (Founder and National Managing Broker), Lindsay Skabar (Founder and CMO), and Alan Kelly (Founder and Chief Revenue Officer). The concept originated from the founders' frustrations with the traditional real estate process, particularly an experience where Jeff Jackson acted as the realtor for Robert Price and Lindsay Skabar.

The founders' backgrounds are rooted in technology and real estate. Robert Price was previously a senior executive at the telecom company Axia, focusing on disrupting established industries. Jeff Jackson brought over a decade of real estate and brokerage ownership experience to the venture. Lindsay Skabar has a background in international marketing and brand experience from roles at Axia and other organizations. This collective expertise informed the creation of a platform designed to empower consumers.

The business operates as a licensed real estate brokerage, providing an online platform where buyers and sellers can connect and transact directly. It serves a variety of clients, including individual homeowners, property investors, estate executors, and custom home builders. Bōde's revenue model is based on a 1% service fee charged to the seller only upon the successful closing of a deal, a significant reduction from traditional commission structures. For buyers using the platform to make offers on any listing, including those on Realtor.ca, there is no fee from Bōde.

The platform provides users with data and tools typically reserved for agents, such as historical sold data, market trend analysis, and property comparables, to inform pricing and negotiation strategies. For sellers, the service includes professional photography, home measurements, and listing distribution to major portals like Realtor.ca and Zillow. The entire process, from scheduling showings and communicating to making and reviewing offers with automatically populated provincial standard contracts, is managed digitally through the platform. Recently, the company introduced an AI-powered agent named Bōdie to provide 24/7 support. Since its launch, Bōde has expanded its services from Alberta to include British Columbia and the Greater Toronto Area, facilitating over $800 million in property value across more than 1,500 transactions as of May 2024.

Keywords: real estate marketplace, proptech, property technology, for sale by owner, real estate commission, home buying platform, home selling platform, digital real estate, peer-to-peer real estate, flat fee realty, Canadian real estate, Calgary startup, Robert Price, Jeff Jackson, Lindsay Skabar, Alan Kelly, real estate data, home valuation tool, online offer management, real estate disruptor, property transaction platform

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