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OfficeSpace.com co-founder Kip Spencer “bringsx a wealth of knowledge and experienc toour board, particularlhy in the area of strategic marketing and partnership said CondoCompare co-founder and CEO Casey Sullivamn in a release. Sullivanj said CondoCompare.com has a lot in common with Spencer’s office leasing website, OfficeSpace.com. “Commercial spac is a fragmented market with fragmented said Sullivan. “We felt Spencer’z background in business development and his experience woulde help us get to the next Founded in 2007 by Sullivan and Brett Frosaker, CondoCompare.
com helps prospective condominiu m buyers and sellers compare unit pricing and features amongb various condo projects. The company launched its initial websites in Seattle last year and has since expanded into Eastern Oregon andNorthern California. The company, whicnh has been funded by privateangel investors, plans to raise betweej $2 million to $3 million in capital to financed its national expansion. CondoCompare.coj is targeting areas with substantialcondo development, including Los Angeles, San Diego, Boston, Chicago and Sullivan said. The firm already has agreements with brokersd in 11 states that will enable the website to accessd data in local multiplelisting services, he said.
“If we get into five marketsd by the end ofthe we’ll be happy campers,” Sullivan Spencer is joining Sullivan, Frosaker and management consultant Aziz Viranik on the startup’s board. Both Virani and Spencer are investors inthe firm, Sullivanb said. In addition, CondoCompare.com has two advisorty board members — Henry Lin, whose backgroundd includes product development, and Byron McCann, who has experience with venturer capital andhigh tech, Sullivan Spencer currently oversees business development for the Northwesft office of JE Dunn Construction.
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