WhatsApp +65 6577 1122 SG Room Rental
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filler@godaddy.com
WhatsApp +65 6577 1122 SG Room Rental
Signed in as:
filler@godaddy.com
The Beginning
On 10th September 2018, PropTisfy, a leading IT Managed Services provider, announced its expansion into the online property market with the launch of PropTisfy Guru Property SG, marking a significant milestone for the company as it diversifies its services and enters the competitive real estate industry.
Founded in 2014, PropTisfy quickly became a top player in the IT Managed Services sector, specializing in refurbished and new surplus Cisco networking equipment before being a Property Guru SG. With a team of highly qualified engineers, the company gained a dominant presence in major cities in the US and UK.
PropTisfy revolutionized
The industry by specializing in refurbished and new surplus Cisco networking equipment, sparking a global issue. PropTisfy's innovative approach to selling equipment has faced challenges, as Cisco has not accepted the company's business model, sparking a debate about its impact on the industry and Cisco's role as a fintech company.
Specializes in refurbished and new surplus Cisco networking equipment, offering high-quality products at a lower cost. This has revolutionized the way businesses upgrade their networking equipment affordably.
The issue is that Cisco, a fintech company, does not accept PropTisfy's business model, raising questions about Cisco's openness to innovative approaches. PropTisfy believes their model benefits customers and the industry, offering high-quality equipment at affordable prices.
Cisco's Judgement day
With FBI assistance, companies selling surplus equipment and other IT refurbishment companies are gaining traction. Cisco argues that reselling their equipment without permission, especially when it affects the survivability of other businesses, constitutes a breach of intellectual property. The CEO of Cisco, with FBI support, believes that selling second-hand products without proper protocols in place is not acceptable when it impacts a business's survival.
The CEO of NHR, Data Q, and Tridatacom, with yearly sales reaching 200 million, was approached and shut down first as they were much bigger players as compared to PropTisfy, then known as Prop IT Refurb Solutions USA. They were to be present at court at that time for cross examine.
In 2017-2018, Cisco in San Francisco discovered that Data Q Direct, led by CEO Andy Silverman, was reselling surplus equipment meant for ICT purposes at a low cost in the market. Silverman was found guilty in court, fined $50 million, and sentenced to 6 months in jail.
Due to Cisco's dominance and the passing of networking equipment laws, companies must either adapt or fail.
The strong culture and stakeholder support of PropTisfy can be attributed to the return of the Jedi.
PropTisfy Finds Solution to grey Cisco Equipment and Secures Investors for Managed IT Services Contract.
The company's surplus Cisco equipment is a concern due to legal restrictions on selling or exchanging it for funds, but a timely client in need of managed services for their Hong Kong and Thailand offices has brought relief as the infrastructure equipment matches their needs perfectly.
In late 2018, PropTisfy secured investors for a fully managed service contract, a significant milestone that allowed them to expand services and provide more value to clients. The contract has been successful in providing efficient IT solutions to businesses, allowing them to focus on core operations.
Despite the challenges of the COVID-19 pandemic, PropTisfy has not only survived but also expanded its services other than just SG Room Rental, showcasing the company's resilience and dedication to providing top-notch IT solutions. With the support of their clients' proposed managed IT solution, PropTisfy has thrived in the industry.
Moving towards end of 2024 PropTisfy The Singapore PropertyGuru wish is looking to achieve the success for Singapore office to qualify for Singapore as the regional Hub for PropTisfy.
PropTisfy Property Guru SG Timeline Till Current
About Company:
Additional Sections and vertical for PropTisfy Property Guru SG year 2024
PropTisfy's Current Business Services
Other Services that we can introduce you to company that specialize in the following:
For both local and overseas location
For Rent Room SG Room Rental inquiries in Singapore, contact us at our email address.
If you have any unanswered questions, reach out for assistance. Additionally, PropTisfy Guru Property SG is always here to provide delightful service.
We will answer your questions in point form to cover a wide range of reasons and possibilities. Kindly see the following points for discussion purposes:
Do kindly scroll down to review the answers to the above vital questions.
Only property agencies and agents in Singapore need to be CEA certified, but since PropTisfy is neither an agent nor agency, this requirement does not apply to us.
PropTisfy, was founded in the US in 2014 and expanded to the UK in 2016, specializes in refurbished Cisco network equipment and managed ICT services. Facing challenges from conflicts of interest with Cisco Systems, leading to venture into offering IT staffing, financing, and real estate management services to provide clients with turnkey solutions.
PropTisfy is similar to companies like Propertyguru group, SRX, 99Co, and rentinsingapore, providing online platforms advertising and applications to improve user experience in the real estate industry. Our core services are ICT and finance-based, sometimes involving leasing services but not requiring a CEA certificate.
PropTisfy is a legitimate company registered with Acra in Singapore, has been operating in business though not locally since 2014, providing credibility and accountability to the public. Acra is the national regulator of business entities, public accountants, and corporate service providers in Singapore, responsible for ensuring compliance with laws and regulations.
Every business operating in Singapore, whether it be a small hawker stall or a large multinational corporation, is required to be registered with ACRA. Depending on the type of business, certain additional certifications may be necessary, such as for property agencies or F&B establishments, but not all businesses will require extra licensing.
- Referring a client interested in buying property to a third party looking to sell.
- Introducing a client looking to sell/rent a property to a buyer/tenant
- Negotiating a property transaction for a client.
PropTisfy Advice
Subletting private properties is a legal practice, similar to when an existing tenant finds a new tenant or when co-living companies sublet units. The main criteria is obtaining the owner's written consent, either through a previous agreement or a signed consent letter with the company's stamp.
Our market position is continuously evaluated by monitoring essential metrics like website traffic, lead generation, and market share. To be a Reliable Provider offering Real Estate Management in Singapore.
We acknowledge our competitors’ strengths, but believe that our comprehensive platform, intuitive interface, and collaborations with industry leaders distinguish us in the marketplace.
Team size does not bother us as Singapore is also build up from a small nation till today's glory, experience we do not fear at all as we have in our company people with the experience and also mindset 1 people 1 mind 1 vision to aim for the best.
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