No-agent property platforms sprouting up but they’re not eating agents’ lunch yet

A HANDFUL of web-based property dealing platforms are sprouting up, touting themselves as one-stop shops connecting buyers and sellers without an agent as go-between.

Armed with data tools, they aim to facilitate transactions directly, in a crowded marketplace where traffic is still largely controlled by real-estate agents.

The latest to jump into the fray is Kucing – Malay for “cat” – a peer-to-peer platform for residential property sales that cuts out real-estate agents completely.