What Wandy does

株式会社WANDY is a Japanese real estate technology company founded in February 2022 in Tokyo, operating a dual-sided platform called SHERPA that restructures the residential brokerage experience around a chat-based, online-first interface. The company serves two primary customer groups: individual property seekers (renters and buyers) and a network of independent real estate agents and freelancers. For property seekers, WANDY provides an end-to-end housing search flow — from AI-assisted property matching and proposal through contract execution, utility setup, and post-move-in support — without requiring in-person store visits and without charging intermediary fees. For agents, the SHERPA platform offers two tiers (an Agent Plan for experienced professionals and a Partner Plan for beginners and side-hustlers), providing infrastructure, lead generation, operational support, and training that reduces the overhead of running an independent brokerage.

The underlying technology is a chat-based interface augmented by an AI-driven property recommendation/matching system that personalizes property selection for end-users; the company explicitly markets "AIを活用した納得感のある物件選定" (AI-assisted convincing property selection). Operationally, the platform shifts work that would traditionally live inside an agent's intuition — proposal crafting, comparison logic, contract preparation, and handover coordination — into standardized, team-supported processes ("team quality assurance") executed through chat.

WANDY's business model combines (a) recurring agent subscription revenue at 22,000 yen/month or 264,000 yen/year, (b) transaction-economics captured within platform fees while charging end-users zero intermediary fees, and (c) ancillary fees for optional services such as contract document preparation (11,000–33,000 yen), property viewing assistance (5,500 yen), business card ordering (1,100 yen), and listing fees (1,100–15,000 yen). Go-to-market is hybrid: product-led growth through the chat platform paired with referral-driven customer acquisition (word-of-mouth from satisfied users and agent referrals). As of April 2026, the company reports ~110 employees, 2,000+ registered agent partners, and 10,000+ cumulative transactions since launch.

Name

Wandy

Legal name

株式会社WANDY

Website

https://wandy.co.jp

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

WANDY (株式会社WANDY) is a Tokyo-based real estate technology company operating SHERPA, a chat-based, AI-assisted platform connecting individual property seekers with a network of 2,000+ registered independent agents, eliminating intermediary fees for end-users and providing subscription-based tools and operational support to agents.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage Services

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Mortgage Point-of-Sale (POS) & Borrower Intake Portals (FSALALAD)

akta.pro secondary industry

Loan Origination Platforms (LOS) & Digital Application Journeys (FSAGAHAA)

Keywords

• Real estate brokerage
• Property technology platform
• Rental brokerage services
• Agent network platform
• Residential property search

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Agent Platform Subscription: Agents pay a monthly or annual subscription fee to use the SHERPA platform for real estate brokerage operations. Pricing is 22,000 yen per month or 264,000 yen annually.
2. Transaction-based Brokerage Fees: WANDY charges no intermediary fees to end-users for property transactions. Revenue is generated from agent subscriptions and potentially from transaction fees absorbed within the platform economics.
3. Optional Services: Additional optional services including contract document creation (11,000 yen for rental, 33,000 yen for sales), property viewing assistance (5,500 yen), business card ordering (1,100 yen), and property listing fees (1,100-15,000 yen)

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

WANDY operates the SHERPA platform, a chat-based real estate brokerage service that connects property seekers with registered agents for rental and sales transactions. The platform provides two agent-facing plans (Agent Plan for experienced professionals and Partner Plan for beginners/freelancers) along with a direct no-fee brokerage service for end-users, covering property search, contract execution, and post-move-in support. End-users complete the entire process online via chat without visiting physical offices.

Product overview

WANDY operates as a real estate technology platform democratizing Japan's real estate brokerage industry. The core offering is the SHERPA platform, which includes two service plans: Agent Plan (for experienced agents) and Partner Plan (for beginners/freelancers). The company also directly offers rental and sales brokerage services to end consumers. SHERPA enables end-to-end support from property matching to contract execution and post-move-in services, while the brokerage services provide customers with low-commission, chat-based property search and dedicated agent support.

Differentiator

Problem solved

Functional benefit

Brands

• SHERPA: Core platform service providing real estate brokerage support, including agent partner plans and partner plans for those new to real estate brokerage. Offers property proposals, contract support, and post-move-in assistance.

Products and services

• SHERPA Platform Main platform providing real estate transaction support with two service plans (Agent Plan for experienced agents and Partner Plan for beginners), enabling end-to-end support from property proposal to contract and handover.
• SHERPA Agent Plan (SHERPA エージェントプラン) Subscription plan for experienced real estate transaction professionals providing tools and support to maximize their performance and client outcomes via the SHERPA platform.
• SHERPA Partner Plan (SHERPA パートナープラン) Subscription plan for beginners, freelancers, and side-hustlers offering real estate brokerage services, with the SHERPA secretariat handling operations from property proposal through contract and handover.
• WANDY Rental and Sales Brokerage (WANDY 賃貸仲介・売買) Real estate brokerage service for rentals and sales with simplified processes and no intermediary fees, providing dedicated agents who support customers throughout the housing search via chat-based online channels.

Quantifiable outcome

• Zero intermediary fees for end-users, significantly reducing moving costs
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature1 record

Partnerships

One partnership is on record.

• 株式会社JiteraminorOthersJoint use of personal data for service provision as disclosed in privacy policy. Joint users include Kabushiki Kaisha Jitera and Kabushiki Kaisha Fhill.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• LIFULL HOME'S: LIFULL HOME'S is one of Japan's largest real estate listing portals, providing property search, brokerage routing, and increasingly transaction support — an incumbent comparable in customer base (Japanese property seekers) but with a portal-led rather than chat-led model.
• SUUMO (Recruit Co.): SUUMO is the largest Japanese real estate portal operated by Recruit, the same firm where several WANDY executives previously worked. It is the dominant listing-discovery and brokerage-routing platform in Japan and competes for the same property-seeker demand.
• Redfin: Redfin is a US tech-enabled brokerage that pioneered a fee-discounted, agent-network model with technology-driven consumer experience — thematically comparable to WANDY's chat-based, fee-transparent, agent-network approach despite operating in a different geography.
• Compass: Compass is a US technology-driven real estate brokerage combining an agent platform with proprietary software and reduced-fee positioning — comparable to WANDY as a platform-then-brokerage hybrid, though at much larger scale.
• AtHome: AtHome is a long-established Japanese real estate portal serving both property seekers and listing agents across rentals and sales — comparable as a nationwide incumbent competing for the same brokerage-supply and consumer-demand pool.

Direct peers

• RENOSY (GA Technologies): GA Technologies operates RENOSY, a Japanese proptech platform combining real estate brokerage, investment, AI-based matching, and end-to-end transaction support — directly comparable to WANDY's chat-based, fee-transparent brokerage model.
• ietty: ietty is a Japanese rental property search service that, like WANDY, uses a chat-based / conversational interface to connect renters with properties, often with reduced or zero intermediary fees — directly comparable in product and customer segment.
• OHEYAGO (Housmart): Housmart operates OHEYAGO, a Japanese proptech brokerage focused on used condominium transactions with technology-enabled matching and reduced fees — comparable to WANDY as a tech-forward brokerage challenger in Japan.

Others

• DoorDash (for comparison of platform-led service delivery): DoorDash is not a real estate peer but is relevant as a benchmark for chat/app-first, asset-light, two-sided marketplace service delivery — a model analogy for how WANDY's chat-based brokerage could scale consumer experience and supply-side onboarding.

Emerging players

• Itanji: Itanji is a Japanese real estate technology company providing online brokerage and rental-management tooling for individual property owners and agents — comparable to WANDY as a smaller, tech-led emerging player in Japanese property transactions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wandy