Real Estate Agency Seeking Loan in Lewes, United States
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | C Corporation |
Reported Sales | USD 3 million |
Run Rate Sales | USD 3 million |
EBITDA Margin | 25 % |
Industries | Real Estate Agencies + 1 more |
Locations | Lewes |
Local Time | 10:33 PM America / Chicago |
Listed By | Management Member |
Status | Moderately Active |
- Real estate leads selling platform with a focus on helping individuals buy or sell properties across the United States.
- The company has generated over $3 million in revenue, boasts 15,000 active clients, and has secured 4,000 recurring customers.
- With a database of 85,000 leads and a daily delivery of 200 leads, the platform effectively targets motivated property sellers across the US.
- Most of the properties listed are residential.
- The business model is diversified, catering to both B2C and B2B clients. B2C clients are individual property owners who like to have their properties listed and B2B are the real agencies.
- B2C clients pay for each lead, starting at $29/lead, while B2B clients subscribe due to their multiple property listings.
- The platform provides pre-screened leads, offering valuable information such as the city, state, seller's reason for selling, and necessary repairs, enabling informed decision-making for potential buyers.
- The company's technology rapidly connects buyers with sellers, facilitating quick offers and informed decision-making, supported by a team that guides clients through the entire process.
- In addition to its 30 permanent employees, the company has contract employees in Europe, Ukraine, and India.
Real estate leads selling platform.
Business is both B2C and B2B.
B2C clients are individual property owners who like to have their properties listed and B2B are the real agencies.
B2C clients pay for each lead, starting at $29/lead, while B2B clients subscribe due to their multiple property listings.
Physical assets include IT and other office equipment such as computers, high end servers, etc.
Intangible assets include In-house created software application and website.
Operating from a rented office in Lewes, Delaware.
However, most of the business is run virtually so the overheads are minimal.
As we expand the business, we would have to lease a bigger facility.
The business is funded through personal funds.
The company has 2 directors with equal shareholding and has a business loan of USD 250,000.
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Earlier than 15 daysCEO, Atlanta, Financial Consultant connected with the Business
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Earlier than 15 daysCEO, Miami, Financial Consultant connected with the Business
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Earlier than 15 daysBusiness Development Manager, Chicago Atlantic Group, Chicago, Financial Institution connected with the Business