FazWaz
{{Advert|date=December 2019}}
{{Infobox company
| name = FazWaz PTE
| logo = FazWaz Logo.png
| trade_name = FazWaz
| type = Private
| industry = {{Unbulleted list|Property technology|Real estate broker}}
| founded = {{Start date and age|2015|04|24}} in Phuket Province, Thailand
| founder = {{Unbulleted list|Michael Kenner|Paul Trayman|Brennan Campbell}}
| hq_location_city = Bangkok
| hq_location_country = Thailand
| area_served = {{Unbulleted list|Phuket Province|Bangkok|Ko Samui|Pattaya|Chiang Mai|Hua Hin District}}
| key_people = {{Unbulleted list|Brennan Campbell (Chief executive officer)|Paul Trayman (Chief operating officer)|Jacky Lee (Chief strategy officer)|James Corbin-McKenzie (Chief customer officer)}}
| website = {{URL|fazwazgroup.com}}
}}
FazWaz, also known as FazWaz Group, is a property technology company and real estate marketplace based in Thailand serving greater Southeast Asia,{{Cite web |date=2023-01-10 |title=Thailand's Best Real Estate Agencies: A Comprehensive Guide |url=https://hulaproperty.com/blog/thailands-best-real-estate-agencies-a-comprehensive-guide |website=Hula Property |language=en}} with agency offices operating in all six major regions of Thailand: Phuket Province, Bangkok, Ko Samui, Pattaya, Chiang Mai and Hua Hin District.{{cite web |url=https://www.fazwaz.com/about/press |title=Latest News and Press Releases About FazWaz |author= |publisher=FazWaz |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20191208045738/https://www.fazwaz.com/about/press |archive-date=2019-12-08 }}
History
The website was first launched in 2015 as a data-driven property platform attempting to solve buyers' issues with market transparency and real home values.{{cite news |author= |title=New Phuket website aims to take guesswork out of buying property |url=https://www.thephuketnews.com/new-phuket-website-aims-to-take-guesswork-out-of-buying-property-52019.php |date=2015-04-24 |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20150916164432/https://www.thephuketnews.com/new-phuket-website-aims-to-take-guesswork-out-of-buying-property-52019.php |archive-date=2015-09-16 |url-status=live }} At this time, FazWaz served just the Phuket condominium market and differentiated from other property sites by its focus on "accurate and up-to-date data".{{cite news |last=Leung |first=Iris |date=2015-05-01 |title=Thailand's FazWaz.com launches data-driven property platform |url=https://e27.co/thailands-fazwaz-com-launches-data-driven-property-platform-20150501/ |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20150806111504/http://e27.co/thailands-fazwaz-com-launches-data-driven-property-platform-20150501/ |archive-date=2015-08-06 |url-status=live }}{{cite news |last=Simonelli |first=Isaac |date=2015-05-21 |title=Start-up property portal prepares to "transform' market |url=https://thethaiger.com/thai-life/property/startup-property-portal-prepares-transform-market |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20191207235105/https://thethaiger.com/thai-life/property/startup-property-portal-prepares-transform-market |archive-date=2019-12-07 |url-status=live }}
Over the first few years of operation, FazWaz continued to gather data on additional regions in Thailand, eventually claiming to offer up-to-date data on all homes for sale and rent in Thailand, with current offerings listed as 40,447 total units.{{cite web |url=https://www.fazwaz.com/ |title=Thailand Property - 40,447 Condos & Houses For Sale |author= |publisher=FazWaz |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20191208045846/https://www.fazwaz.com/ |archive-date=2019-12-08 }} In addition to these data-driven expansions, FazWaz Group partnered with companies like ThaiVisa, offering a search portal on the ThaiVisa website.{{cite news |author= |title=ThaiVisa and FazWaz create new partnership to expand the sector |url=https://www.onlinemarketplaces.com/articles/19720-thaivisa-and-fazwaz-create-new-partnership-to-expand-the-sector |date=2018-04-19 |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20191207235157/https://www.onlinemarketplaces.com/articles/19720-thaivisa-and-fazwaz-create-new-partnership-to-expand-the-sector |archive-date=2019-12-07 |url-status=live }} A network of partnerships with local developers and agencies as well as more-established property companies allowed FazWaz to develop marketing and growth strategies such as native site translations in six languages, soft-launches of sister FazWaz sites with offerings in six additional countries in Southeast Asia plus United Arab Emirates, and new-brand sites like BaanThai focusing on capturing other aspects of the Thailand real estate market.{{cite news |last=Akhaya |first=Prisca |date=2018-09-09 |title=Thailand's FazWaz is strapping for agent tools, machine learning in driving the future of property tech |url=https://sg.news.yahoo.com/thailand-fazwaz-strapping-agent-tools-machine-learning-driving-032436731.html |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20180910162217/https://sg.news.yahoo.com/thailand-fazwaz-strapping-agent-tools-machine-learning-driving-032436731.html |archive-date=2018-09-10 |url-status=live }}{{cite web |url=https://www.fazwazgroup.com/ |title=FazWaz Property Group |author= |publisher=FazWaz Group |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20191208045959/https://www.fazwazgroup.com/ |archive-date=2019-12-08 }}
In 2019, FazWaz officially announced its overseas expansion efforts focusing primarily on improving market transparency on homes in Dubai and Vietnam.{{cite news |author= |title=Thai property startup FazWaz heads overseas |url=https://thethaiger.com/hot-news/technology/thai-property-startup-fazwaz-heads-overseas |date=2019-05-02 |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20190503123723/https://thethaiger.com/hot-news/technology/thai-property-startup-fazwaz-heads-overseas |archive-date=2019-05-03 |url-status=live }} A Phuket Property Watch article claims the site saw a 20% rise in organic traffic rankings between the months of December 2018 and January 2019.{{cite news |author= |title=Thai Property Optimism Continues into February |url=https://www.phuketpropertywatch.com/business/thai-property-optimism-continues-into-february/ |date=2019-02-01 |access-date=2019-12-08 |archive-url=https://web.archive.org/web/20191208081426/https://www.phuketpropertywatch.com/business/thai-property-optimism-continues-into-february/ |archive-date=2019-12-08 |url-status=live }} Recently the group announced that it had secured pre-Series A funding from undisclosed investors based in Singapore.{{cite news |last=Akhaya |first=Prisca |date=2019-10-04 |title=Thailand's proptech FazWaz secures pre-Series A funding from undisclosed Singaporean group |url=https://e27.co/thailands-proptech-fazwaz-secures-pre-series-a-funding-from-unnamed-singaporean-group-20191004/ |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20191207235428/https://e27.co/thailands-proptech-fazwaz-secures-pre-series-a-funding-from-unnamed-singaporean-group-20191004/ |archive-date=2019-12-07 |url-status=live }}{{cite news |last=Maulani |first=Anisa |date=2019-11-01 |title=These early stage funding rounds have made October the busiest time of the year |url=https://e27.co/these-early-stage-funding-rounds-have-made-october-the-busiest-time-of-the-year-20191031/ |access-date=2019-12-07 |archive-url=https://web.archive.org/web/20191207235622/https://e27.co/these-early-stage-funding-rounds-have-made-october-the-busiest-time-of-the-year-20191031/ |archive-date=2019-12-07 |url-status=live }}
Milestones
| class="wikitable" |
| Date |
|---|
| Dec 2020
|FazWaz raises pre-series A, with CAV Investment Group, 500 Tuk Tuks, Aries Capital and Alpha Founders Capital. |
| Oct 2019
|FazWaz announces seed funding from unnamed Singapore-based investors. |
| Sep 2019
|Version 3 of the FazWaz platform is developed and released. |
| Sep 2018
|FazWaz soft-launches platform sites in Singapore, Indonesia, Philippines, Malaysia, Vietnam, Cambodia and United Arab Emirates. |
| Mar 2018
|FazWaz Group site launched offering information on all company platform offerings. |
| Aug 2017
|Version 2 of the FazWaz platform is developed and released. |
| Apr 2015
|Official Launch of the FazWaz platform in Thailand. |