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Real Estate Agency Investment Opportunity in Charlotte, United States

Platform allowing renters to search and find apartments using lifestyle data, AI and local experts.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 420 thousand
EBITDA Margin 20 - 30 %
Industries Real Estate Agencies + 1 more
Locations  Charlotte
Local Time 6:30 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1 million for 20.0% stake (Native Currency: USD 1,000,000)
Reason: To enhance technology and scale sales team.
Includes physical assets worth USD 100 thousand
Documents
Business Overview

- An online platform to find apartments with CRM lite for landlords.

- We have been listed on SeedInvest.

- Platform uses AI, lifestyle data and or local experts to help renters find their perfect apartment.

- Renters have the option to speak with a real local expert or match with properties after answering questions.

- Individuals can then explore neighborhoods with hyper local content, view drone footage for real time views, virtually tour and schedule a visit.

- platform currently has 170 apartments / buildings including 11 of the country's top apartment managers listed on the platform such as Related. com, Greystar. com.

- Has a renter database of 100,000 individuals.

- Our business follows a subscription based model where we charge apartments and multi-family buildings a monthly fee to be listed and access our CRM lite. Fee ranges from $250, $500, $700.

- Additional revenue streams are planned such as a) Private landlords can make listings for free, but pay a premium to upgrade, b) Charge an application fee to renters, c) Advertising, d) Data generated through the platform.

- Co-Founders have over 30 years of combined experience in real-estate, technology and marketing.

Products & Services Overview

- Listing service with optional upgrades.

- Local affiliate vendors. we're partnering with insurance companies through a revenue share model.

- Private landlords can upgrade to be featured.

- Application fees.

- CRM lite for landlords.

Facilities Overview

We have an office space in South Charlotte and service the entire east coast of the US.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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