Did you know that on a per revenue, per hour basis, real estate agents are the highest paid professionals in Australia by about 500%? That explains why so many of them drive nice cars and live in Brighton.
Buymyplace.com.au is Australia’s leading for sale by owner (FSBO) web portals allowing vendors to sell their own home for a few hundred dollars with all of the traditional marketing processes employed by agents (for sale boards, open for inspections, advertisements on realestate.com.au and domain.com.au, valuations).
The research supporting BuyMyPlace’s proposition was really strong. 30% of homes are sold online by FSBO such as Zillow.com in the United Stated, in Canada it is even higher. When we started working with BuyMyPlace the Company was revenue positive but burning cash. We raised over $1,000,000 for BuyMyPlace.com.au.
These funds were raised in a crowd funding solution using ASSOB.