e estate ppt

12
‘Transaction Facilitators for Private Residential Sales’ www.eEstate.co

Upload: alex-bourne

Post on 13-Apr-2017

25 views

Category:

Education


0 download

TRANSCRIPT

Page 1: E estate ppt

‘Transaction Facilitators for Private Residential Sales’

www.eEstate.co

Page 2: E estate ppt

PROBLEMAgents diminishing relevance in the sales process which doesn’t justify commissions.

$290,400.00avg. property sale (May, 2016)

5.25 million property transactions (2015)$1,524,600,000,000

U.S. property market

4.83 million realtor transactions @ 6% commission

$84,157,920,000 agent earnings

Page 3: E estate ppt

Eliminate agents from the transaction process and replace all attributes online

SOLUTION

• Provide the marketing and advertising channels

• They justify partnerships by value add for the clients

• Automated transaction facilitator• Navigates and coordinates

processes• Electronic offers and contractual

binding• Settlement and title services

connected

Page 4: E estate ppt

HOW IT WORKS

FINDBuyers find the property listing after viewings

with owner.

OFFEROffers are submitted online and formalized

with e-contracts

SEALeEsate coordinate the legalities and

stages until settlement

Page 5: E estate ppt

Buyer Seller

Sales flat fee of $990 upon successful sale

Transaction fee when submitting deposits: $199

MONETIZATION

Licencing fee for technology • Subsidised through

inclusion in they’re listing packages

Page 6: E estate ppt

DIRECT

COMPETITORS INTERNATIONAL

U.S

Page 7: E estate ppt

FORWARD FOCUS Replacing every aspect of the real estate transaction process through partnership and integration

Page 8: E estate ppt

STRATEGY

Leverage into market through

FSBO partnerships

and

Prospecting Owners

for our customer acquisition

FSBO market 420,000 Transactions

2015 savings: $7,318080,000 in commission

Page 9: E estate ppt

TRAJECTORY

Page 10: E estate ppt

Brick and mortar will be disrupted. New mainstream agency will be FSBO

82.5% of real estate will be automated in 20 years (PWC Report) FSBO agencies will link into a central platform to facilitate they’re

clients needs eEstate meets the need for home owners not wanting to pay

unnecessary commission

INDUSTRY EVOLUTION

Page 11: E estate ppt

TEAM

Alex Bourne Founder of eEstate Business and Law Student 4 years of industry experience

Jerry ThibaultAdvisor Commercial Agent Brokering since 1988 (28 yrs.)

Page 12: E estate ppt

Current – December: • beta testing to refine concept and acquire users • building industry partnerships – vertical integration • investigation of other applicable markets to enter• partner with FSBO platforms as the ‘centralised’ platform• on-board advisors and team members (technical, full stack,

marketer) raise seed funds from angel investors

TIMELINE