New homeowners — and even those selling — need contractors, said Bo Lais. It’s a reality understood by Platinum Realty, a new partner for home services tech startup Lula.
“Lula is really excited about assisting Platinum Realty agents throughout that process because new home owners are constantly asking their real estate agents who they should use when they need something done around the house, whatever the case may be,” said Lais, founder and CEO of Overland Park-based Lula. “We’re being trusted by Platinum Realty to be that go-to partner for them and their agents so that whenever contractors are needed, we’re there to fill that void for them.”
Lula — an app-based offering that directs consumers to quality contract professionals, upfront pricing, and same-day services for homeowner’s needs — plans to use the relationship with the real estate firm to expand it service throughout Northwest Arkansas and St. Louis, he said.
“We’re excited for the opportunity to offer our agents a higher level of service,” said Scott DeNeve, founder and CEO of Platinum Realty. “As a company, we have been finding ways to leverage technology for the benefit of real estate agents since our beginnings in 2005. We see this partnership as another way we can support our agents’ success.”
Lula’s app launched in Kansas City in November 2017 with the platform working to raise funds from investors since founding in January 2016. The company reported a $420,000 funding round from Kansas City area investors in February.
Platinum Realty is one of the fastest-growing companies in Kansas City, Lais said. And with both Northwest Arkansas and St. Louis easily reachable — coupled with existing relationships with investors in those areas — the expansion seemed like an obvious next step, he added.
“Northwest Arkansas is actually a really fast growing area, but it is going to be the smallest market that we’re in, so I’m going to test that market and see what kind of results we get,” said Lais.