Started in mid-2018, this real estate SaaS business provides a unique service to real estate agents and brokers. The founders are real estate agents who were looking for ways to give themselves an edge in a crowded field, but they soon realized that they could leverage their idea and earn more money with it as a SaaS business than they could by using it on their own.
Being a digital service, the business requires no inventory and could be operated from anywhere in the world with a dependable phone and internet connection. The owners work minimal hours, and with minimal overhead, the business boasts a 74% profit margin for the trailing twelve months. Once a new subscriber has been onboarded, the income from that subscription becomes nearly passive. With a reported 2,000,000+ real estate agents in the US looking to differentiate themselves from their peers, the owners believe that with additional marketing, the business could grow significantly.
Sale Pending: No
First Seen: Tue, Nov 12th 2019
Last Updated: Wed, Jan 1st 2020