[White Plains, New York]—REZITRADE is set to redefine the real estate market with its innovative Index-based Residential Real Estate Platform and inaugural Home Price Protection product.
This cutting-edge solution allows homeowners to secure the value of their property against market downturns, providing a level of financial security previously unavailable in the real estate sector. By leveraging technology and product innovation, REZITRADE is creating a new financial market that offers unprecedented access to real estate solutions.
REZITRADE's platform offers a groundbreaking approach to protecting against declines in house prices, capturing high-frequency transactional data, and obtaining index-based returns. Homeowners can protect themselves against declining house prices when purchasing a home, obtaining a new mortgage, or refinancing an existing one. The platform automatically tracks housing prices in relevant markets, and if prices fall below an agreed-upon threshold, the customer receives a payout.
- REZITRADE's platform is designed to be fully transparent and automated, accurately measuring housing prices in top U.S. residential real estate markets by tracking local government data.
- By purchasing Home Price Protection, customers enter into a contract that provides the right to receive a cash payout if the property value drops below the agreed threshold.
- Payouts are automatic and don’t require paperwork.
- Home Price Protection is currently available in 12 markets with a constantly expanding list of geographical offerings.
REZITRADE boasts a highly experienced leadership team with a strong background in financial services and investment management.
“Our goal with REZITRADE is to give homeowners a tool that provides financial security and peace of mind in volatile markets. We are excited to bring this innovative solution to the real estate industry,” says Boris Ginovker, Co-Founder and CEO.
Boris Ginovker, Co-Founder and CEO, brings 25 years of experience in investment management and real estate to REZITRADE. He previously founded and served as a managing partner at Dasoma Capital Management and held senior positions at Kensico Capital and Leucadia/Jefferies. Boris earned his MBA from Harvard Business School and a Bachelor's degree in Finance from Boston University.
Ryan Smith, Co-Founder, President, and COO, has over 25 years of experience in strategy, corporate development, and business management, with a history of leadership roles at JPMorgan, Bank of America, and Merrill Lynch.
Mark Shilshtut, CTO, has over 20 years of technology experience, successfully helping launch several tech and fintech firms. He was a technical co-founder and Engineering Director at Vestwell, and Principal Software Engineer at Socure and SecurityScorecard, Prior to that, he worked at Goldman Sachs, Citigroup, and Bear Stearns.
About REZITRADE
REZITRADE is a White Plains based startup focused on revolutionizing the real estate market with its innovative index-based residential real estate platform. REZITRADE’s inaugural product, Home Price Protection, provides homeowners a way to protect the value of their properties against market downturns.
For more information, please contact:
Contact: info@rezitrade.com
Boris Ginovker - LinkedIn