James Bohan-Pitt and Clay Stapp launched HipPocket, an app that connected Realtors to off-MLS listings, in 2015. The company will close at the end of this month.

We got tipped off by a reader that HipPocket, the tech start-up brought to the market by pioneering broker Clay Stapp and his business partner, James Bohan-Pitt, will soon close. In a message to users and clients of the site, Stapp and Bohan-Pitt said that the company, which was launched give agents and brokers a different platform to market and ask for properties in high-demand markets.

“Unfortunately we will be closing HipPocket officially on August 31st 2017,” Stapp and Bohan-Pitt said in the message to users. “Even though the evolution of HipPocket into an intelligent collaboration platform was sound, we have been unable to secure new financing to build HipPocket 2.0 and our brokerage subscriptions have not reached a level that we can maintain the business long term.”

The platform, which was available in the Apple iTunes store, came on the market with a bang in May of 2015. Users that have any questions or concerns about the closure of the company have been asked to contact support@hippocket.com.

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