The software management system for independent letting agencies

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Presentation transcript:

The software management system for independent letting agencies 787,000 moved households 9 million documents £18k per year The software management system for independent letting agencies Easy. Organised. Sorted.

Meet Sam Meet Dave

Reserving by Phone

Paying the Deposit

Emailing Personal Details

Meet Robin Notes: Robin’s demographic is parent to act as guarantor since sam is a student or young person

Posting Robin's Details Notes: Robin the guarantor uses the post. He sends guarantor information like passport, bank statement and bills as proof of money/address

Sending Tenancy Agreement Notes: Dave the agent gives tenancy agreement to sam the tenant to take home, read and sign

Dave is out of the office… Meet Andy! Notes: Sam the tenant goes to the office to hand in his signed tenancy Agreement. Dave the agent is out. Andy is another estate agent at the same agency who takes the paper tenancy agreement.

Sending Guarantor Form Notes: Dave the agent is back and emails Robin the guarantor a guarantor form to sign.

Receiving Guarantor Form Notes: Robin the guarantor posts it back to Dave the agent

What about 100 properties…??? What about for 5 tenants? What about 100 properties…??? Notes: this is only for 1 property that the estate agency lets. What if the estate agency had 100 properties?

Harry CUSTOMER RESEARCH Meet The Team… Murat FINANCE Hamish MARKETING Peter DESIGN Aimen OPERATIONS Harry CUSTOMER RESEARCH

What if Dave had Rent-2-End? Tenants Guarantors

What if Dave had Rent-2-End? Easy. Organised. Sorted. Tenants Guarantors

Market 7.2 million 2025 5.4 million 2014 TAM SAM SOM 9500 Agencies

Pricing Standard Practice ‘Goodlord’ Strategy Lock-in Strategy Automated Strategy Lock-in Strategy Out Price Out Compete Trial Period Hassle-Free UI Excellent Customer Service £1500 £50 + fees Price per month £39.99

Finances Phase 1 Phase 2 Phase 3 £25k investment 3 months Revenue 2+ years Phase 3

Finances Year 4 50 700 Sales: 890 Profit: £360.6k 350 25 Net Cash Flow (£1000s) Cumulative Cash Flow (£1000s) -350 -25 Loss: £170k Profit: £38.6k Profit: £213.8k Sales: 50 Sales: 170 Sales: 770 Year 1 Year 2 Year 3 -700 -50 1 2 3 Year

Thank you. Any questions? Valuation of £1.8 Million in 4 Years £150k for 20% Valuation of £1.8 Million in 4 Years 140% ROI

Annex: Costs Breakdown

Annex Risk Mitigation Market share reduced by competition S.W.O.T to stay competitive Functional requirements unfit Understand market- Beta testing Unforeseen technical challenges Agile software development Unqualified management Mentoring contacts Low customer acquisition Marketing