Dear First Stage Investor,
What if you could get matched with a real estate agent based on a proprietary algorithm and speak with that agent within one minute of being matched?
Or access a “seller dashboard” that lets you track online visits and impressions of your home listing in real time?
Or find tons of information on price comparisons, price per square foot and price guidance as you search for a new home?
Home61, a tech-savvy real estate brokerage system, can deliver these things and much more.
The company has ambitious aims to streamline and revamp the real estate market – a stagnant industry ripe for disruption.
Home61 is reinventing almost everything big dogs Re/Max and Century 21 do. It’s designing a faster, more efficient and more user-friendly home-buying process where buyers, sellers and agents have access to data to make informed decisions.
As Andy said in our original recommendation…
It’s incorporating a nimble online marketplace… best practices training (borrowed from the startup world!)… sophisticated algorithms that match customers to agents… and a hybrid lead generation program that uses Google, email and, increasingly, customer references.
It’s game changing because it’s so ambitious. It’s so ambitious because so much had to be discarded and reinvented.
Though the company has been operating for only three years, it’s aiming for revenue of $195 million this year.
The executive team has plenty of entrepreneurial experience. They also have some skin in the game, having invested $300,000 of their own money in the company. This is one of Andy’s favorite positive signals.
To get a more in-depth look at this company, check out our original recommendation.
But hurry – Home61’s raise on Netcapital ends next Monday, April 16, 2018.
The deal terms are below.
Security type: Common stock
Round size: Up to $2 million
Price per share: $5.65
Valuation: $17 million
Minimum investment: $5.65
Investment portal: Netcapital
Deadline: April 16, 2018
Note: The amount raised under the two exemptions must total at least $10,000 by April 16, 2018, at 4:00 p.m. ET. If the total doesn’t reach its target, then your money will be refunded. Home61 may issue additional securities to raise up to $1.9 million, the offering’s maximum.
Invest early and well,
Allison Brickell
Managing Editor, First Stage Investor