{"id":9997,"date":"2016-12-08T11:23:16","date_gmt":"2016-12-08T17:23:16","guid":{"rendered":"https:\/\/therealdaily.com\/?p=9997"},"modified":"2016-12-08T11:26:29","modified_gmt":"2016-12-08T17:26:29","slug":"nar-reach-2017","status":"publish","type":"post","link":"https:\/\/theamericangenius.com\/housing\/board-associations\/nar-reach-2017\/","title":{"rendered":"NAR REach Accelerator opening applications for 2017 class"},"content":{"rendered":"

Very classy, NAR REach<\/h2>\n

Startups in the real estate sector (or those looking at breaking into the industry) can now apply for the National Association of Realtors\u00ae (NAR) 2017 REach\u00ae Accelerator Class, a mentorship program that includes education and exposure. NAR REach is ready to usher in the next generation.<\/p>\n

Read also: What do the 2016 NAR REach brands have in common?<\/a><\/strong><\/div>\n

\"bar\"<\/p>\n

The details<\/h2>\n

The REach\u00ae Accelerator Class is a part of Second Century Ventures, NAR\u2019s strategic investment arm. REach\u00ae seeks to pave the way for technology companies to enter the real estate market, advance their businesses, and expand into adjacent markets, according to a press release. Applications for the 2017 Class are open until January 31, 2017, and can be found at the NAR REach website<\/a>.<\/p>\n

Accepted startups will participate in a unique, nine-month program. The program includes guidance from real estate and technology mentors, industry-specific education, networking opportunities, and access to additional NAR resources. Early-stage and later growth stage companies are encouraged to apply.<\/p>\n

Success stories<\/h2>\n

In 2016, eight companies were selected to participate, including broker marketing service Flipt<\/a> and energy efficiency app Homeselfe<\/a>. The companies fit into a wide range of industries, and were based in cities across the country. Startups that participated in the program were recently backed by prominent investors in the venture community, including Andreessen Horowitz, Bessemer, Madrona and Maveron.<\/p>\n

\u201cOur participation in REach helped us grow from a nascent startup into a nationally recognized brand,\u201d said Andrew Flachner, CEO and co-founder of RealScout, and a 2016 REach\u00ae graduate. \u201cThe mentorship, connections, and platform contributed towards 1,000 percent growth in customer accounts, as well as additional funding.\u201d<\/p>\n

Increasing revenue, not raising money<\/h2>\n

The REach\u00ae Accelerator Class differentiates itself from other incubator programs in that it is not focused on helping participating startups raise money. Instead, the focus is on tweaking products and providing networking channels to help increase revenue.<\/p>\n

Participating startups pay a marketing fee to Second City Ventures, and hand over equity stakes of up to 5 percent to participate in the program.<\/p>\n

#NARREach<\/h3>\n","protected":false},"excerpt":{"rendered":"

(ASSOCIATION NEWS) National Association of Realtors now accepting applications for 2017 REach\u00ae Accelerator Class.<\/p>\n","protected":false},"author":337684,"featured_media":3265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"wds_primary_category":0,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[92],"tags":[680,263,544,1234,681,455],"class_list":["post-9997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-board-associations","tag-accelerator","tag-nar","tag-nar-reach","tag-real-estate-news","tag-startups","tag-tech"],"jetpack_featured_media_url":"https:\/\/theamericangenius.com\/housing\/wp-content\/uploads\/sites\/2\/2014\/11\/nar-reach-incubator.png","jetpack_sharing_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/9997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/users\/337684"}],"replies":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/comments?post=9997"}],"version-history":[{"count":9,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/9997\/revisions"}],"predecessor-version":[{"id":10023,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/posts\/9997\/revisions\/10023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/media\/3265"}],"wp:attachment":[{"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/media?parent=9997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/categories?post=9997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theamericangenius.com\/housing\/wp-json\/wp\/v2\/tags?post=9997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}