Web-site for rent/sale appartments/houses/real_estate
Current Status
Working project, launch was at 1 nov 2019, traffic growth up, income growth up, but still less than expenses.
Market
Real-estate
Problem or Opportunity
Need much more money for marketing before 1 jan 2021
Solution (product or service)
Best web-site for real-estate (confirmed by a lot real users and owners of real-estate agencies)
Competitors
city24.ee - old website
kv24.ee - old website
they both create monopoly - with same pricing list and redirect to each other website, wiohut option to paid only for ad on one website, and they increased price two times this year. People tired of this monopoly - which is very good for us, and that the reasons we grow traffic so fast.
Advantages or differentiators
Advantages - strong IT team, owners - both it specialists with 8+ years of exp.
Finance
Model is b2b2c with paid_to_create listing ad, and also banners ad for b2b
Money will be spent on
1) Marketing
2) IT expenses - we need more servers world-wide
3) IT team increase - we're offer lots of customization for all companies, which is ready to migrate to our website with 50 or more estate objects, we can use spare hands for making this process faster
Offer for investor
We'd love to negotiate this in private, it depends on what kind of connection investor has - any contact to real-estate top players leads to free boost inside its country.