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.
URL to Ruparelia article: https://startups.co.uk/young-entrepreneurs-akshay-ruparelia/
Comments
millennialentrepreneurs.com
Copyright © 2024 All Rights Reserved
Copyright © 2024 All Rights Reserved
This is a typical entrepreneur, seeing a problem with something and coming up with a solution. At 19 years old, owning a real estate business is probably a daunting task but this is inspiring to many young potential entrepreneurs. You can do anything and change the world, I also really like this because he is making a concentrated effort to save his clients money.