Estate Agents/Letting Agents for sale in London

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 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Asking price: £500,000
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Business Description
If you have an interest in the low-cost, owner-led sector of the property market, then read on. Our vendors have built an incredible property management platform that services the self-serve landlord. The system rivals the big-guns of vebra, reapit, etc and is a powerful tool to get properties onto the main web portals. It permits a landlord to upload photos, descriptions, EPC's etc and presents the property on Rightmove and Zoopla in a professional and cost-effective manner. The system facilitates applications, credit checks, referencing and has a thorough documentation suite for landlords. Tenants have their own log-in area and the whole system minimises the need for paperwork, communication and manual input. Where something can be automated, this has been achieved. The accounting and rent collection system is superbly effective and will save any agent time and money. Moreover, the owners have trialled a franchise operation with considerable success in the East Midlands. Their landlord database is significant, with around 2500 landlords using their platform and new customers arriving at a steady rate of 1 per day via a very modest advertising budget.

There is considerable financial upside to be achieved by minor amendments to the fee structure. The owners are software developers in addition to being private landlords and they have created a near-perfect system, but one which they are continually improving upon in the quest for increased automation. Development time so far is approaching 6 years.

New owners may wish to licence the system to other agents and 'white-label' it to a client's spec, continue to increase the private self-service landlord database, or franchise the system countrywide. There are two enormous un-tapped revenue streams that can be discussed with seriously interested parties.

This system has to be seen in order to appreciate the power and potential of what has been created!
Location Details:

Geography is not important. This is 100% relocatable.

Is this business relocatable: Yes

Listed by: Taylor Mayers
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