At its core, Trelly works like a B2B version of the MLS—a marketplace where sellers can list off-market properties for other investors to buy. These properties are exclusive to Trelly and cannot be found on the MLS—or anywhere else.
The company is focused on providing investors with opportunities, and creating the most streamlined and friendly process—allowing investors to save time, money, and energy on finding or selling their next investment property. Users can then simply enter their buying criteria and get notified whenever a property is listed that fits into their “buy box.” And the system automatically pulls data from official property records to help investors avoid risky practices like daisy chaining.
This free platform provides a more efficient and less costly channel for acquisition and disposition because the platform has a user base of active investors looking to buy and sell, and no Realtors are involved in the transaction.
Trelly can be accessed via the web at trelly.com, or through the Trelly app available on the iOS and Google Play app stores.
Trelly is the culmination of 15 years of innovative real estate development by CEO Josh DeShong, and was developed as a platform to help investors scale their businesses more effectively.
Over his career, DeShong has closed nearly $2 billion in real estate transactions. Josh is one of the top 50 real estate agents in the country and has received more than 100 production and volume awards. Trelly is based on his experience as a real estate investor, as well as feedback from other investors all across the country, and the company is on a mission to democratize real estate investing for everyone. The platform was developed under the guidance of Trelly’s CTO, Stephen Chiang. Prior to joining the team, Chiang served as a project manager at Microsoft and as a software engineer at Google, and he is also an active real estate investor himself.
Since the platform’s beta launch in just three test markets, Trelly has conducted more than 680 transactions with real estate investors for a total GMV of over $170MM. This proves there is a considerable demand for the service among investors.
DeShong says, “I’m excited about the impact Trelly will have for real estate investors who want to scale their businesses, but I’m even more excited about the ripple effect that will create in the economy as a whole for so many other people. The positive impact of the latter is incalculable.”