JP Morgan’s Acquisition of AP’s RE Platform-More Business For Zeekin

DONNELLY, Idaho - Jan. 6, 2015 - PRLog -- Real Estate Software (www.zeekin.com) & the Ostensibly Balanced New Year of 2015

The real estate business in 2014 was fluctuating every now and then. It created a boom in the initial months but then slowed down and by the end became stable. This stability is what is predicted by the market researchers for the New Year of 2015. To an extent the real estate market never touched the recovering phenomenon fully, though the foreclosures stumbled and new home construction regained its traction. The home prices have lowered and so the mortgage interest rates which will definitely create a rush on the real estate platforms in the initial months of 2015. Since the home prices and interest rates are not expected to increase, 2015 is predicted to present more like a balanced market as a whole. Unemployment rate has lowered globally and hence the return of the millennials will strengthen the market further. China & US compete with each other to rule the realty world. US have an upper hand with the decline in the oil prices but China is leading as the largest purchasing power in the world.  The continuous growth in the steel and cement prices though created a headache for India, the government intervention is expected to create much hope in the realty sector in 2015. As such the real estate software development companies in Asia have confirmed higher turnover with a large number of enquiries getting registered from Australia, UK, US, Singapore, India & China to be in particular.

Zeekin(www.zeekin.com) Real Estate Software & The Demand for Real Estate Platforms

With Softbank’s investment in Hosuing.com and News Corp’s investment in Proptiger had escalated the demand of the real estate platforms across the globe. Since both these real estate portals belonged to India, the Indian real estate software developers were on the lookout and it was indeed obvious that Zeekin fetched a mighty share of the contracts for real estate software development. One of the senior officials of Zeekin real estate software development wing, Mr. Kiran confirmed and commented, “We were fortunate enough to get 100+ prospective enquiries in the month of December for our real estate platform. We are more excited because the list constitutes the well-known biggies of the nation and abroad. Besides India, most of the enquires came from US, UK, Australia & Africa. We had a great start in 2015, and hope to upkeep the momentum throughout”.

JP Morgan’s Acquisition of Asia Pacific Real Estate Platform- More Scope for Zeekin Real Estate Software.

Acquiring the Asia Pacific Real Estate Platform from Aviva Investors has strengthened the global asset management leader, a step further. With their multinational presence, it will be further easier to execute the plans and drive bigger ROIs from the booming real estate market. With US$1.7 trillion in assets under management and offices in 41 locations around the world, J.P. Morgan Asset Management offers global coverage with a strong local market presence, and leadership positions in most asset classes. The big steps by the biggies have also been in favour of the Zeekin real estate software developers, generating a basketful of leads for them. It was the same during the Softbanks and News Corps investments and now with JP Morgan’s acquisition. Zeekin real estate software development head Mr. Ajesh K Somasundaram affirmed “ We have some great challenges right from the beginning of 2015, capable of keeping us busy throughout the year and we are really enthusiastic about the multi-task handling. We have hired some senior experts from across the globe for the same as well”.

Zeekin- A Well Defined Real Estate Platform?

A well defined real estate software mainly aims at linking with stakeholders in the real estate market by enhancing digital opportunities in the real estate industry through the sophisticated technology. It offers two different solutions for Marketplaces and Agents which powers complex real estate platforms and at the same time give solutions for boutique real estate agencies. It will have advanced tools and functionalities that help in catering better customer engagement along with top class customer service. It is indeed economical and is highly customizable and scalable based on innovative business models. To ensure that its potential is fully utilized to profit the real estate entrepreneurs, it provide pre-launch & post-launch training, support as well as assistance whenever there is a requirement.


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