Pakistan's secondary property market is run on trust and WhatsApp. We're rebuilding the trust part.
For decades, deals between brokerages have flowed through 200-person WhatsApp groups, photocopied bayana receipts, and personal phone calls. It works — until it doesn't. Fake listings, sock-puppet agents, ghost commission chains. We've all seen the costs.
REMMIC is the closed network where licensed Pakistani brokerages can do business with each other on a verifiable, auditable, brokerage-only rail. No retail buyers. No investors-as-buyers. Just brokers, doing the deals they already do — with paperwork that holds up.
Mission
Make every brokerage-to-brokerage deal in Pakistan auditable end-to-end.
Vision
The default ledger for Pakistani secondary real estate, by 2030.
Principle
Friction at trust boundaries. Speed everywhere else.
Founders
Built and operated brokerages in Lahore for 8 years. Tired of fake listings.
Former regulatory advisor, REA Karachi chapter. Drives the verification policy.
Stripe, Razorpay. Building the audit-grade plumbing.
"WhatsApp scales trust by repetition. REMMIC scales it by structure. Both work — but only one of them survives the next generation of agents."
— Founding letter, REMMIC, 2025