Started to look through e27 and techinasia and found this ditty on PropTech. This caught my eye as I was exploring some ideas on buying and selling Singapore property six months ago.

Lets see what techinasia wrote.

“Proptech startup secures $1.47m to improve how agents earn commissions

UrbanAgents, an AI-powered platform that links up home sellers to real estate agents, raised about US$1.47 million in seed investment from FarSight Capital, APAC Realty, and angel investors.”

The target audience are real estate agents… Hmm… Right, I’m sure the home buyer and seller will be very pleased to pay more commission out of their own pockets.

I say good luck to FarSight Capital, APAC Realty and angel investors, and tough luck to all these VCs’ backers.