I’ve analysed hundreds of new models in real estate globally, and the FastFox model is surely the winning one: smartly combining people and technology to provide a better rental experience. Mike DelPrete, Strategic Advisor, FastFox said, “I’m thrilled to be working with Pallav and the entire team at FastFox. FastFox commands a 5% market share of rental transactions in the fragmented Gurgaon market, accounting for a Gross Contract Value (GCV) run rate of $24 million – by far the highest across the nation. Since the launch of Open House eight months ago, the platform has grown 4X, a consistent 20% month-on-month, powering 100s of transactions every month. It then enables them to visit these Open Houses at the designated time frames and check if it meets their needs without pushy brokers.
As part of this model, the company first handpicks the best rental homes for its customers based on their profile and preferences. His credentials speak at length on his behalf and we are confident that his experience will be of substantial value in FastFox’s national prominence.”įastFox is a cutting-edge home rental startup that works on a revolutionary AI-based ‘Open House’ model. Now, we are leaving no stone unturned to retain this leadership position and would like to both congratulate and thank Mike for joining FastFox as its Strategic Advisor. We’ve effectively proven that conventional approach is neither effective, nor convenient for the customer and have completely transformed the consumer journey by eliminating frictions in the customer experience.
Speaking on the recent appointment, FastFox CEO Pallav Pandey said, “Within a very brief period of time, FastFox has emerged as an innovation-driven leader in the online home rental industry. Mike has himself incepted, invested in, and scaled multiple business ventures in the real estate tech domain and is a go-to person for founders and executives of tech-based real estate start-ups, across the globe. , AI driven home rental marketplace, has on-boarded Mike DelPrete as its ‘ Strategic Advisor’.
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