eecutiv summary mar 2018 - yourkeyz.com summary_final_march18.pdf · benefits buyers: • select...
TRANSCRIPT
YOURKEYZ PITCH DECK
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WE ARE AUTOMATING THE
PROPERTY SALES PROCESS
Yourkeyz is a marketplace and workflow management system for purchasing off-plan properties.
YOURKEYZ PITCH DECK
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The new build property sales industry is
particularly anachronistic and fragmented, with
many people in the value chain providing little or
no worth to the industry.
THE PROBLEM
THE MAIN ISSUES INCLUDE:
• No central hub for buyers/sellers to have
oversight/control over the multiple stakeholders
• Lack of consistency and oversight during the
reservation/legal/conveyancing process
• Developers waste lots of time keeping up with
multiple purchases, all with varying criteria and
timelines
• Typically there are huge bottlenecks with
conveyancing solicitors
• Housing Associations have a poor reputation of
customer service because of inefficient admin
procedures and slow turnaround time
YOURKEYZ PITCH DECK
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THE SOLUTION
YOURKEYZ WILL:
• Automate, simplify and expedite the new-build home purchase process
• Allow buyers to ‘virtually visit’ and personalise their new home online through 3D visualisation
• Generate real-time reports and notifications during the sales and conveyancing process
• Provide greater transparency, efficiency and consistency
• Enable cost-effective reach to overseas buyers in their own language
Yourkeyz sells ‘new build properties’ and is the only platform primarily aimed at
house developers, offering a full, end to end service, from offer to completion
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THE CURRENT MARKET
NEW HOMES BUILT IN THE UK IN 2016
200,000
AVERAGE COST OF A HOUSE IN THE UK IN 2016
£271,835
£
The government’s target of 250,000 new homes per annum, suggests yearly increases are set to continue,
regardless of the UK’s financial climate.
FOCUS:
THE OPPORTUNITY
OUR SKILL IS IN ANCHORING THE 3 KEY STAKEHOLDERS AND COMBINING THAT WITH OUR DIGITAL MARKETING EXPERTISE
THE THREE KEY STAKEHOLDERS ARE;
• BUYERS • DEVELOPERS• CONVEYANCERS
UK PRIVATE DEVELOPER LANDSCAPE :
• 5 X MEGA - 10,000+ units per annum• 28 X LARGE - 1,000+ units per annum• 72 X MEDIUM - 100-1,000 units per annum• 84 X SMALL - 50-100 units per annum
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BENEFITS
BUYERS:
• Select & personalise your home
• 24/7 from anywhere in the world
• Submit offer directly to the developer
• Track purchase journey on-line
• From offer to completion
• Flexible mortgage solutions
DEVELOPERS:
• Faster exchange process
• Fewer drop-outs
• Easily identify bottlenecks
• Real-time reporting with forecasts
• Reduced admin and marketing costs
• Lower commission fees
• All online display handled by YK
• Access to lucrative international buyers
CONVEYANCERS:
• Automation of tasks
• Reduced admin time
• Clearly identify any documents that are missing/required
• Live tracking and notifications
• Online document signing
• If good consumer reviews, then increased business
YOURKEYZ PITCH DECK
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COMPETITIVE ADVANTAGE
• First to track the entire property purchase journey online
• First to market with a disruptive solution
• First to create a ‘virtual visit’ marketing suite
• First to include an on-line totaliser to make it easier to price different upgrade purchase options
• First to provide complete transparency of the conveyancing bottlenecks (from both parties)
• First to include real-time reporting and notifications for all stakeholders
• First to offer a 24/7 purchase solution
WHY NOW?
The sector is full of new companies perpetually contributing to its already fragmented nature. PropTech needs consolidation.
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Choose Your Apartment
Your OfferPersonalise your Apartment
Reservation Get Your Mortgage
Exchange of Contracts
Development Update Legal Completion
Most prop-tech innovations have been on the initial listing/estate agency side, and generally facilitate just one part of the system. This contributes to the already
over-complicated and fragmented buying process.
Yourkeyz takes a holistic approach to the process, offering a full end to end solution.
COMPETITORS
YOURKEYZ PITCH DECK
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REVENUE STREAMS
Financial Forecasts: Per Revenue Streams
Transaction fee for all sales going through the platform
Monthly licence fee
Revenue from mortgages sold
Additional revenues
Revenue Totals
Financial Forecasts:Marketing Costs
Digital marketing costs to raise awareness, generate registrations & sell to overseas buyers
Commission paid to Influencers / sales agents
Number of registrations on the platform as a direct result of digital marketing
Cummulative registrations from digital marketing
Total number of house transactions through the platform
Number of houses sold directly due to digital marketing
Number of houses sold through sales agent influencers
Number of houses sold
Referral fees, insurance products & affilliate suppliers
Year 1
£6,202
£1,870
£1,828
£2,250
£11,904
£16,000
£3,600
800
800
63
14
4
Year 2
£392,383
£36,998
£78,428
£94,388
£584,633
£100,065
£122,400
5,267
6,067
2,065
106
122
Year 3
£2,963,725
£138,256
£528,684
£636,167
£4,102,055
£1,280,719
£295,200
71,151
77,218
10,708
1,565
295
Year 4
£5,145,699
£1,629,619
£1,349,352
£1,260,912
£9,385,582
£5,909,915
£468,000
347,642
424,860
19,637
7,996
468
% Of Revenues
55%
17%
14%
14%
100%
63 2,065 10,708 19,637
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THE TEAM
CEO & CO-FOUNDER CTOCPO & CO-FOUNDER
CRAIG MASSEY
Craig has been founder of three companies that have
created technology platforms, two of which have exited
and Social Sync which is still growing;
Brainstorm £3.2M Last Second Tickets £12.3M
Social Sync
DAN MAKIN
22 years of technical/commercial software
experience and has held the following CTO
positions over the past 10 years:
HulloMail; E-Tale
RICCARDO DAWSON
An Architect, who’s experience includes branding
projects for Apple and Google.
Currently head of sales and Marketing for three years at Shape, a developer building 350 new homes annually.
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EXPLAINER VIDEOS
For more information on the functionality of Yourkeyz, click below to be directed to watch our explainer videos.
BUYER DEVELOPER CONVEYANCER
https://youtu.be/49CzH4jLIpMhttps://youtu.be/Gu63d7TimHs https://youtu.be/D5QSKti5J1Q
57 Charterhouse Street | London EC1M 6HAyourkeyz.com
+44 (0)20 8088 [email protected]
Company number: 10570587VAT number: 283 5815 76