Archive for Real Estate – Page 2

Young Entrepreneur Shocks The Real Estate World

Akshay Ruparelia is a nineteen year old entrepreneur from Britain and founder of Doorsteps.co.uk.  Doorsteps.co.uk is a multi-million dollar company that is based both online and offline.  The company is seen as “the Uber of the property world” because it hires self-employed local property agents for each property it has to sell.  Akshay developed his company while in college.  He had to balance his studies, taking care of his deaf parents, and developing his business.  Akshay had a lot on his plate as a kid, this helped him to mature quicker than most.  His work ethic learned from being a carer to his parents is one of the reasons he is so inclined to succeed.

Doorsteps.co.uk is different than other real estate companies because it costs a lot less and provides the best of the best customer service.  A person can sell their house through Doorsteps.co.uk for 99 pounds as opposed to 1,000 pounds through an agent.  Akshay’s is able to work more and harder than most to develop ideas and find gaps to change the way people think about markets through his outstanding work ethic developed over his years.  I am inspired by how much Akshay has accomplished at such a young age.  It helps me to see that if you put the time in to really think about and develop your ideas you will be closer to succeeding your goal.  I have learned that no matter your age you can change the world.

https://doorsteps.co.uk/

Simply Sold and Moving On

When people think of multi- millionaire estate tycoons, most don’t picture a 19 year old. However,  most people aren’t Akshay Ruparelia. This young man has redefined the housing industry, owning the 14th largest estate industry in the UK. His company, Doorsteps.co.uk, makes selling your house easier than selling your car. Furthermore, they take away the steep prices of real-estate agents and help you sell your house from the comfort of your own home.

Ruparelia is the son of two deaf parents and currently is their main caregiver. When he was young, he saw first-hand many business practices that he deemed unfair. He especially saw this in the housing industry. Shocked by the high commissions estate agents charged for such a menial task, Ruparelia decided to do something about it. In December of 2016, he launched his online website Doorsteps.co.uk. This site created a network of quality estate agents that could guide customers through the process of selling their house without the steep prices of normal agents. It cuts away the massive overhead pricings, and allows the buyers to be more involved in the process.

Ruparelia found the niche in the stagnant industry by changing the way his company approaches customer service. “Why, oh why, do we give away £20,000 worth of bricks and mortar in our properties to estate agents? For doing what exactly? Putting the house on the internet?” he asked. Instead, he envisioned estate agencies that put their customers first and charged dues that reflected that mindset. Thus, he charges an upfront price and doesn’t get any commission on the actual sale of the house. Ruparelia leads the charge of agents, selling his first house in the middle of his exams, and ensures that customers receive the service he envisioned.

This site is simple to use, and allows people to sell their houses without ever needing to leave their couches. People simply fill out an online survey or call the 24 hour customer service hotline, and they are connected with an experienced, self-employed estate agent. The agent speaks with them and helps them determine the best package that fits their needs. After the package is approved and  the listing is official, the agent posts the sale on different online sites. People sit back and watch their dedicated agent sell their house, all for less than one hundred pounds. ‘

As the teenager continues to take the industry by storm, he doesn’t forget his goals of a customer centered company. It seems this mindset is paying off, as his company is ranked in the top five for customer service. The press has described his company as the “Uber of the property world.” In an extremely competitive market, Ruparelia’s company has already taken 0.5% of the UK market and is valued at over 12 million pounds. With all of this success, Ruparelia shows no signs of slowing down as he continues to pursue simple selling so his customers can move on.

 

Rocking the UK Housing Market

Akshay Ruparelia, a 19 year old from the United Kingdom, has rocked the way people sell houses in the UK. Ruparelia’s site, Doorsteps.co.uk, offers a 97% discount on home selling. During a move, Akshay noticed that his family spent a massive amount of money on commission for estate agents. His site undercuts those costs. For example, Doorsteps.co.uk allows home sellers to host viewings, a process that, typically, is expensive for those selling through an estate agent. Doorsteps charges 99 pounds up front with no commission charges and has already become the UK’s 14th largest estate agency. Ruparelia’s innovation in the housing market has been dubbed the “Uber of the property world”. Obviously, the problem Ruparelia encountered included the excessive charges applied to those using estate agents, particularly regarding commissions. He moved to solve that problem after realizing the issue when his own family encountered those costs. Ruparelia’s problem-solving and visionary skills are skills to be admired.
Akshay Ruparelia Doorsteps.co.uk URL to Ruparelia article: https://startups.co.uk/young-entrepreneurs-akshay-ruparelia/

Remote Intelligence

Phil Benner is an entrepreneur involved in more than one business endeavor. In the restaurant area, he was involved in the startup of The Budlong. Another company he’s involved with, though is in a very different area. This company was started by Phil Benner, Merlin Benner, and Rob Schwarz in 2013. Over the last several years, the popularity of Unmanned Aerial Drones has been increasing dramatically. This growing field presented enormous opportunity for application and innovation. They found ways to use this technology in many areas through high resolution imaging, integrated mapping, aerial services. Some of the areas they’ve worked in include Wildlife Habitat Management, Energy Development, Real Estate Services, Search and Rescue, Disaster Relief, Resort Mapping, and Industrial Applications. The services and applications of this technology they provide are a great example of entrepreneurial opportunity in new and advancing technological fields.

 

Check out their website or social media!

http://www.remote-intelligence.com/home/

Willow Tufano: Entrepreneurial Foresight

Willow Tufano is a fourteen year old girl living in Florida with her mother who works in real estate. When the recession hit a few years ago, Florida was hit very hard and houses that were initial being sold at $100,000 were now being sold for only $12,000. Because of the low price of homes, Willow got the idea to purchase a house of her own! She had saved up some money by clearing houses and selling the included possessions online. When her mother found out that she wanted to buy a house at 14, unlike most parents, she was in full support (also in support of the rest of the needed funds). Knowing that the housing market would pick up in the future, Willow and her mother rented out the purchased house and charged $700 a month. They have already earned back their initial investment on the house and have even made a profit. In the future, Willow plans to buy her mother out and own the house alone. When the housing market picks up in the future, Willow is likely to see an amazing increase in her already impressive amount of profits.

Home Owner at 14

When the recession hit and the housing market crashed, Willow Tufano’s mother, who is a real estate agent, was seeing $100,000 homes sell for $12,000. Willow already enjoyed clearing houses and reselling the items she found, so she thought, why not buy a house! At the age of 14, Willow bought her first house at $12,000, which she split with her mom. Willow fixed up the house and put it on the market for rent. She successfully rented the house out for $700 a month and quickly made her money back.

Willow was also being noticed now that she was a 14 year old home owner. Ellen asked her to be on her show and said that Willow was such an amazing kid! Although Willow didn’t think of herself as amazing, or different, she then started getting calls from many different TV shows and even a college. She was called by Good Morning America, Anderson Cooper, a Korean show, and by a college in Alabama to give a talk. Willow flew to Alabama to give a talk despite being very nervous, and did great!

This might not be a traditional business start-up, but Willow Tufano is definitely an entrepreneur. Now 15, she has bought another house. Willow is a true inspiration to just go for it, a walking example of the analogy “ready, fire, aim”.

A Real Estate Investor Who Isn’t Old Enough to Drive

Willow Tufano is a now fifteen year old girl who lives in Florida, but she was only fourteen years old when she bought her first house with the help of her mother, and began renting it out for $700 a month.  The two now own an additional house which they also rent out.  They bought the first for $12,000 and the second for $17,500, incredibly low prices in the housing market.  Willow’s plan is to buy her mother’s half of the houses when she turns eighteen and is legally allowed to own a house, she also hopes to own ten of these homes by that point.

Willow’s mother worked in real estate even before Willow asked for help to buy a house, and Willow helped gut and renovate houses for her mother, as she does still, now, for the houses that the two buy together and rent out.  Willow has put so much time into these houses and this business that she has left her full time school for the gifted to be homeschooled through Florida’s Virtual School.

I am personally inspired by Willow because I know adults who are in a similar business, with buying and renting out houses, who are much later in life than she is.  I didn’t think it was possible for a girl her age to be handling such big projects and to be putting so much energy into something that is generally something that adults who are older than her do.  She’s also inspirational because she is able to balance school and her business, and she was able to recognize that she wouldn’t be able to do that while still enrolled in traditional schooling, and made the decision to switch to homeschooling.  Willow renovating a home