Altvater

What Altvater does

Altvater GmbH Immobilien und Finanzberatung is a family-owned, second-generation real estate brokerage founded in 1993 and headquartered in Erlenbach, Germany, operating under Managing Directors Alexander Altvater and Damianos Koromplis. The firm delivers full-service residential and commercial real estate brokerage across the Heilbronn-Franken district, with formal coverage of 14 towns including Heilbronn, Schwäbisch Hall, Neckarsulm, and Bad Rappenau. Core services include property sales brokerage (Immobilie verkaufen), rental brokerage (Immobilie vermieten), property valuation (Immobilienbewertung) using income, comparative, and replacement-cost approaches, new-construction project marketing (Neubauimmobilien), commercial real estate (Gewerbeimmobilien), real estate advisory, and professional real estate photography with 360° Matterport virtual tours, drone aerial imagery, and HDR imaging. The firm also markets two branded developer projects — P4PANORAMA and P10GREEN — in Schwäbisch Hall under an exclusive sales partnership with Pommer Massivbau.

The business model is commission-based and sales-led: brokerage fees are transaction-triggered, with sales commissions typically split between buyer and seller per §656c BGB and rental commissions borne solely by the landlord. Altvater holds three German trade licenses (§34c GewO for brokerage, §34i GewO for financing, §34d GewO for insurance), enabling cross-sell into adjacent financial services. Distribution is concentrated through an exclusive listing partnership with ImmobilienScout24, the country's leading real estate portal, supplemented by direct outreach, social media (Facebook, Instagram), an educational Ratgeber blog, and a network of 78 specialist partners. The firm cites 33 years of market experience and 1,000+ brokered transactions.

The core team is small (~6 named individuals), with operational delivery supported by the 78-strong external Fachexperten network. There is no public revenue disclosure, no external funding, and no AI/ML capability signaled; the technology stack comprises standard third-party SaaS for CRM, analytics, virtual tours, and content delivery.

Name

Altvater

Legal name

Altvater GmbH Immobilien und Finanzberatung

Website

https://immo-hn.de

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Altvater is a family-owned, second-generation real estate brokerage founded in 1993, serving residential and commercial clients across 14 towns in Germany's Heilbronn-Franken district with sales, rental, valuation, and new-construction project marketing services.

Ownership category

akta.pro rank

Headquarters

HQ city

Erlenbach

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Sales Commission: Commission-based brokerage for property sales. Upon notarized purchase contract execution, the customer owes the broker a commission based on the total economic purchase price. When acting for both parties and buyer is a consumer, buyer and seller each pay equal commission pursuant to §656c BGB.
2. Rental Property Commission: Brokerage commission for rental transactions, collected exclusively from the landlord.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Altvater Immobilien is a full-service real estate brokerage firm serving the Heilbronn region, providing property sales brokerage, rental brokerage, property valuation, and real estate advisory for residential and commercial properties. The firm also acts as exclusive sales partner for new construction projects (P4PANORAMA and P10GREEN in Schwäbisch Hall) and offers professional real estate photography with Matterport 360° virtual tours, drone imagery, and HDR photography. Operations are anchored by a partner network of 78 specialist experts and exclusive listings on ImmobilienScout24.

Product overview

Altvater Immobilien operates as a full-service residential and commercial real estate brokerage firm in the Heilbronn region. The core offering centers on property sales brokerage (Immobilie verkaufen) and property rental services (Immobilie vermieten), supported by complementary services including property valuation (Immobilienbewertung), professional real estate photography with 360° virtual tours (Immobilienfotografie), new construction property sales (Neubauimmobilien), commercial real estate services (Gewerbeimmobilien), and real estate advisory (Immobilienberatung). The firm also markets two branded new construction projects: P4PANORAMA and P10GREEN in Schwäbisch Hall. Services are delivered through a comprehensive partner network including appraisers, architects, financial advisors, lawyers, tax consultants, notaries, developers, and banks.

Differentiator

Problem solved

Functional benefit

Products and services

• Immobilie verkaufen (Property Sale Service) Full-service property sales brokerage including valuation, professional photography, drone imagery, 360° virtual tours, targeted online and offline marketing, buyer qualification, negotiation support, notary appointment coordination, and property handover, primarily for residential property owners in the Heilbronn region.
• Immobilie vermieten (Property Rental Service) Property rental brokerage for landlords including rental price determination, professional staging and photography, individual viewing appointments, tenant credit checks, rental contract preparation, and handover management. Commission is collected exclusively from the landlord.
• Immobilienbewertung (Property Valuation) Property valuation service using income approach, comparative market analysis, and replacement cost methods, providing both preliminary assessments and comprehensive market value reports for residential and commercial property owners.
• Neubauimmobilien (New Construction Property Sales) Exclusive sales partnership service for new construction projects working with developers. Services include sales-oriented project development consulting, optimization for smooth sell-through, and offline/online marketing strategies for new construction projects.
• Gewerbeimmobilien (Commercial Real Estate) Commercial property services for office, retail, medical practice, and industrial spaces including sales, rentals, tenant matching, site analysis, and investor consulting for commercial property owners and investors in the Heilbronn region.
• P10GREEN Sustainable new construction project in Schwäbisch Hall featuring wood-hybrid construction, KfW-40 energy standard, immediately habitable apartments with 90.77 m² 3-room units priced at 427,000 EUR with available 100,000 EUR KfW loan.
• P4PANORAMA New construction project in Schwäbisch Hall city quarter with high energy efficiency Class A. Available units include 70.72 m² 3-room apartment at 332,000 EUR and 107.9 m² 4-room apartments at 507,000 EUR.
• Immobilienberatung (Real Estate Advisory) Advisory services for property purchase decisions, complex property matters, and investment strategies, providing consultation and support throughout decision-making processes for individual and commercial property clients.

Quantifiable outcome

• 1,000+ properties successfully brokered
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

Four partnerships are on record, tiered moderate and core.

• Meta Platforms (Facebook/Instagram)moderateGTM or Marketing PartnerSocial media marketing partnership for property advertising and customer engagement. Company maintains Facebook page and Instagram presence for property marketing.
• MatterportmoderateTechnology or Integration360-degree virtual tour technology provider used for immersive property viewing experiences. Described as 'Marktführer' (market leader).
• Pommer MassivbaucoreStrategic or Co-development PartnerBauträger (property developer) with over 30 years of experience and 2,500+ completed units. Altvater serves as exclusive sales partner for P10GREEN and P4PANORAMA projects in Stadtquartier Bahnhofsareal Schwäbisch Hall. Projects supervised by independent assessors.
• ImmobilienScout24coreChannel Partner/ Reseller/ DistributorGermany's leading real estate portal where Altvater exclusively lists properties for maximum visibility to prospective buyers.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Engel & Völkers: German-headquartered international real estate brokerage operating in residential and commercial segments. Directly comparable as a full-service brokerage model targeting sellers and buyers with local franchisee-led offices, though at much larger scale and broader geographic reach than Altvater.
• RE/MAX Germany: Franchise real estate brokerage network operating across Germany, with regional offices that compete head-to-head with Altvater in mid-sized German cities for residential listings and buyer representation.
• Von Poll Immobilien: German full-service real estate brokerage with a similar commission-based model serving premium and mainstream residential property buyers/sellers across Germany. Directly comparable business model, customer segment, and service offering to Altvater.
• Century 21 Germany: International real estate franchise operating in Germany with local brokerages offering sales and rental services. Comparable as a residential-focused brokerage with local-agent structure similar to Altvater's Heilbronn operation.

Others

• Sprengnetter Immobilien: German property valuation and data services provider serving brokers, appraisers, and banks. Comparable because Altvater offers property valuation services (Manuel Altvater performs §34c-compliant valuations); Sprengnetter represents the specialist valuation and tools ecosystem Altvater operates within.
• ImmoScout24: Germany's leading online real estate marketplace where Altvater exclusively lists properties. Critical ecosystem partner and distribution channel rather than direct competitor; comparable as the dominant platform in Altvater's go-to-market.

Emerging players

• McMakler: German digital-first real estate brokerage offering fixed-fee brokerage services with a tech-enabled platform. Comparable target customer (residential sellers/buyers) but competing on a different cost structure and value proposition than Altvater's full-service model.
• Homeday: German digital real estate brokerage providing flat-fee brokerage services to residential sellers. Overlaps with Altvater in customer base (residential sellers in Germany) but competes on a low-fee, technology-led model rather than full-service local brokerage.

Broad incumbents

• Postbank Immobilien: Real estate brokerage affiliated with Deutsche Bank/Postbank offering residential property sales services in Germany. Comparable target market (residential buyers/sellers) and complementary to Altvater's financing license, though backed by a national banking franchise.
• Sparkassen Immobilien: Real estate brokerage arm of the German Sparkassen (savings banks) network offering residential and commercial brokerage alongside banking products. Comparable as a Germany-wide brokerage serving similar customers, with structural advantages from parent bank relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/altvater_immobilien
• Instagraminstagram.com/altvater_immobilien
• LinkedInlinkedin.com/company/altvater

Compliance3 records

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 Altvater