Buyers, based on the developed application, acquire a tool for making an informed decision on the purchase of real estate. Sellers increase the likelihood of selling real estate by 30-40%. In addition, this tool will be used by notaries, banks, realtors, government agencies and other entities that will be interested in this. At this stage, there is no corresponding application for the mass consumer on the market. The monetization of this project is very high due to the very low price and huge demand. There is a monetization scheme.
Current Status
The project is at the idea stage. The idea is well thought out. Without the initial investment, further work on the project will be difficult.
Market
The client is located in all CIS countries and abroad. There is no age limit. The approximate number of clients at the initial stage of entering the market is about 300 thousand clients, in a year - 1 million, in two years - 3-5 million clients. A drop in the market or its growth does not affect this project. In monetary terms, at the initial stage, about $ 1 million in revenue, at the lowest prices per month. If a phased entry, for example, at the beginning of Kazakhstan, 60-100 thousand $ per month. Then, the Russian Federation - that is 500 thousand - 1 million $ monthly revenue. In three years, $ 100-150 million in gross revenue per year. Upon entering the global market, annual revenue of $ 1 billion is possible
Problem or Opportunity
The problem is that buyers and sellers in the real estate market find it difficult to come to a deal due to many constraining economic factors. This application will give them the opportunity to get closer to each other and they will be forced to use this application if they want to close the deal. The appeal of the application is that at the moment there is no alternative for mass use. There are specialized calculations that are incomprehensible to many clients due to the lack of special knowledge.
Solution (product or service)
This application will allow a huge number of people and organizations to quickly receive high-quality information for prompt decision-making. This information is very much in demand at the present time due to the uncertainty in the real estate market.
Competitors
There are no competitors. People with special knowledge in the field of economics are able to make decisions based on calculations of many parameters. But they, in the case of using the application to save time and because of the low price, will use it.
Advantages or differentiators
The advantage of the project is that product development is very complex and requires large investments in financial capital and highly qualified personnel. In addition, to develop a similar application, you need to know the core of the process, which can only be learned by insider knowledge. Or will it take too long
Finance
Sources of income: weekly, monthly, annual subscription or one-time subscription. Price from 0.5 $ to 10 $
Cost structure: salaries of highly qualified personnel, office following the example of high-tech IT companies. Modern equipment. At the development stage, about 10 specialists are needed
Money will be spent on
Investments are needed for:
• Payment to a specialized company for developing a business plan and preparing a presentation
• Office rent
• Hiring qualified personnel
• Purchase of computers, servers
• Marketing and statistical research
Risks will mainly be associated with insufficient funding and low qualifications of employees. Crises or similar economic situation will not affect the project.