This New York startup is helping Angelenos relocate to the burbs

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This New York startup is helping Angelenos relocate to the burbs

Suburban Jungle makes its money by charging sell-side brokers a fee

Porter Ranch community in San Fernando Valley (Getty)

As available square footage shrinks and rents soar in Los Angeles, a new startup is helping families migrate outwards.

Suburban Jungle, a New York-based company, helps city-based families find suitable suburbs and connects them with local agents, the Los Angeles Times reported. The startup expanded to L.A. earlier this year.

Clients are first assigned a strategist and asked to fill out a thorough questionnaire to identify their preferences. Then, clients are given two to six potential neighborhoods with details including nearby schools, restaurants, gyms and tax figures.

Suburban Jungle does not handle transactions, but works by connecting clients to local agents. Once a client purchases a home, the startup collects a commission from the seller’s broker.

Founder Alison Bernstein said the recent influx of people to L.A. prompted her to open an office in Hollywood late September. She describes the company as “relocation for the noncorporate employee.”

The company also operates in Chicago, Boston, San Francisco and Dallas. It has plans to expand in Washington D.C., Philadelphia, Atlanta and London. [LAT] – Natalie Hoberman

Source: TRD LA

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