RateMyAgent, an Australia-based agent review and digital marketing platform for real estate professionals, raised USD $7M ($10M AUD) in funding.
In addition to the additional funding, Co-Founder Mark Armstrong has stepped down as Chief Executive Officer to focus on U.S. strategy and growth.
The company intends to use the funds to build the U.S. sales and support team.
Listed on the Australian stock exchange, RateMyAgent provides an agent review and digital marketing platform for real estate professionals to generate, aggregate, and syndicate client reviews. From ranking in search to establishing professional credibility, the solution simplifies the process and maximizes reach across all digital platforms such as social media, ad networks, and websites. Agents can focus their effort on delivering incredible consumer experiences and allow the automated platform to ensure transparency for future clients.
RateMyAgent launched in the United States in 2018 and has partnerships with MLS’s from Florida to California, including CRMLS, the country’s largest MLS.