Rever is an Online – to – Offline real estate brokerage company in Vietnam that was established in 2016 by 2 co-founders by Phan Le Manh as CEO, Vo Thang Loi as CTO. Phan Le Manh and Vo Thang Loi are longtime teammates when they both worked for Zalo (under VNG), the most popular and made-in-Vietnam chatting and social platform.
Seeing the opportunity in Vietnam’s fragmented real estate market and the rising needs of homeownership from the tech-savvy population, the founders decided to set up Rever (meaning ‘dream’ in French) as a proptech company with a mission to transform the brokerage market in Vietnam through cutting-edge technology, enabling more people to access their 'dreams' of homeownership easier.
(Mr. Phan Le Manh - CEO of Rever)
In the early days, instead of pursuing vigorous expansion for market share, the founders spent substantial time and effort to develop a strong management team and provide professional training for its agents. This foundation has led Rever to emerge as a promising proptech firm 5 years later.
From just over 80 employees in the early stages of development, Rever now has 300 employees. From a humble beginning of 200 transactions in 2017, in 2020, Rever’s annual transactions grew ten-fold to 2,000 in 2020.
Aiming to become a one-stop-shop for all accommodation-related needs, Rever continues to develop its technology focusing more on its customer experience with a wider range of value-adding tools and services such as loan brokerage, digital furniture fitting, and smart-home solutions.
Looking forward, with the vision to become the top proptech companies in Vietnam, Rever plans to further develop its team and optimize its business while expanding to 20 cities, 200 transaction centers and 20,000 agents 2025.
For more information about Rever, please visit the firm’s website at rever.vn.