Esale Crowd Funding – What The Papers Say!

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FAST GROWING ONLINE PROPERTY FIRM ANNOUNCES SEARCH FOR INVESTORS

The no-nonsense Yorkshire based online estate agent esaleuk.com has announced it is ready to step onto the national stage – and wants YOU as a partner.

Launched in 2012, the company has been quietly earning itself an enviable reputation in the industry, chalking up second place in the UK for customer service on Trustpilot’s independently compiled rankings, thanks largely to a no-quibble money-back guarantee and competitive, easy-to-understand packages for vendors.

Links with the ProperStar network also mean homes for sale with esaleuk.com can be seen on 80 websites in 51 countries – and in 19 languages around the world.

Today (Monday 30th January 2017), the company has unveiled its most ambitious project to date – a strategy which it hopes will secure its place among the UK’s big-hitters when it comes to selling property online.

In order to expand its operations Esale has engaged leading crowdfunding platform Crowd for Angels for help in its search for backers large or small. The company is looking to raise a minimum of £45,000, with the maximum fundraise set at £90,000. Investors can pledge as little as £30 to be part of the company’s future.

Regardless of the amount invested, and in addition to potential future dividends, HMRC has confirmed that qualifying investors will be able to claim 30% of their investment back as part of their taxable income under the Enterprise Investment Scheme*. So, a qualifying investor pledging £1,000 for example, will be able to claim £300 back from HMRC.

“At the moment, the online market is still quite small – between 5% and 7% of homes sold in the UK have been through an online agent,” said Managing Director David Rook. “However, experts agree – just like other forms of internet shopping – that figure is likely to increase dramatically over the coming decade.”

“There are already a handful of firms doing quite nicely using the online business model and we firmly believe we now have all the pieces in place to allow us to join them. All we need are forward-thinking investors who can see the huge potential offered by the online property market – and the vision to help us harness it.”

Traditionally, barriers deterring vendors from instructing an online estate agent have included up-front fees, the lack of one-to-one engagement and the fact sellers have frequently found they have to conduct their own viewings.

However, those who instruct Esale can chose to pay either up-front or on completion, can always expect pro-active action to speed their sale through and, if required, they can request an agent to help with viewings, regardless of where they are.

“We’re determined not to be just another estate agent, with a nice line in sales patter and a branded car to drive around in. We know just how stressful – and how exciting – selling a home can be and we want to be there for our customers every step of the way,” said Mr Rook.

Mr Rook concluded: “We don’t believe in jargon and have won praise both for our plain speaking and for offering packages which are both easy to understand and are offered with no hidden extras. We are versatile, flexible and open to both new ideas and the changes in media such as 3D and drone technology which we anticipate having an impact on the property market in the not-too-distant future.”

“All we lack is a partner or partners with financial clout and with the same vision and belief in the future of the UK’s property market and its ability to bend and shape itself to the world where new technology is bound to take us.”

“If you think that’s you and you are willing to consider investment, we look forward to welcoming you to the team – and to sharing the rewards in years to come.”

To see the full pitch visit https://crowdforangels.com/company/Esale-UK-Ltd-130

 

CONTACT

Esale David Rook david.rook@esaleuk.com 01423 62 33 33 / 0800 025 3451

Crowd for Angels Tony De Nazareth, Director tony@crowdforangels.com 0207 437 2413

* The availability of any tax relief, including EIS and SEIS, depends on the individual circumstances of each investor and of the company concerned, and may be subject to change in the future. If you are in any doubt about the availability of any tax reliefs, or the tax treatment of your investment, you should obtain independent tax advice before proceeding with your investment.

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