360huts.com pitch
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Transcript of 360huts.com pitch
360huts.com- A Youtube for
apartment search in India
Get a real view of your future
home through videos
360huts.com
Makes buying/renting apartments fast, fun
and efficient through videos.
The Problem • Apartment listing sites don’t have ‘VIDEOS’. • The apartment buyer/tenant who visits listing sites has no idea about
what the apartment looks like in reality. • The apartment owner is unable to market/sell his property in short
time frame. • The buyer/tenant/owner has to contact different real estate agents
and manage time. • Most of the listed apartments are from agents and not updated. • Due to the lack of visuals, the buyer has to physically visit every
property.
• Note: There are many listing sites but most of the properties don’t
have real information and photos. Also, since the properties are posted by agents, the sites don’t serve as a one stop shop for buyers/tenants.
• An overview of Indian real estate listing sites can be found here.
The Solution
• A curated video listing site for apartment buyers/tenants to get a virtual tour and real feel of their future home.
• Home buyers/tenants can shortlist properties they like, and schedule property visits through a single point of contact(360huts).
• After selecting a property, 360huts will help the customer in going through valuation, paperwork and bank loan procedures.
• To make the transaction process of buying/selling/renting an apartment fast, fun and efficient with a one stop shop.
Watch videos of curated apartments
Shortlist apartments Visit selected apartments
Choose your apartment and
check legal docs Transact
The Product
The Market & Competition in India
Listings & Advertising Fees Brokerage
• INR 250 crores(US$ 40 million) market.
• Listing sites like 99acres, Magicbricks, Makaan, Housing.com, Commonfloor, Propertywala, Indiaproprty, Favista, Homeshikari, flat.to, etc.
• Classifieds like Sulekha, Quickr, Olx, Craiglist.
• Facebook Groups
• INR 12,000 crores (US$ 2
billion) market.
• Sites like Proptiger and NK
Realtors
• Offline Brokerages and
Freelance Brokers.
• 360huts.com.
The Proposition
• To approach apartment owners directly or through freelance brokers, curate apartments and then put apartment videos on our website.
• To reach to potential buyers/tenants through social media, blogs and classifieds.
• To help buyer/tenant in the process of buying/renting the property.
• To charge 2% commission for purchase OR 1 months’ rental(for rent).
Business Process
Property
Owner 360huts.com Buyer/tenant
List Video Market
Shortlists Properties Buy/Rent
Targeted Revenue, Profit & Cash
Flow Projection in 24 months 18 Month
Performance
Property
Value (US$)
Units
Sold/Rented
Value per
Unit(US$)
Revenues from
Brokerage Fees-
Value x Units (US$)
Property Sales 50,000 300
2% i.e.
1,000
300,000
Properties Rented 200 300 50%+50%
i.e. 200
60,000
TOTAL REVENUES 360,000
Less: OPEX 200,000
Revenues Available
to Share
160,000
Assume 50% Share
with Freelance
Brokers/Sales Staff
80,000
Net Profit 80,000
Why Fund 360huts.com?
• The first youtube for apartment listings. The
first one stop shop for apartment hunting
which works on a brokerage model.
• Founders have combined 20+ years
experience in startups, finance, market
research, UI/UX and web development.
• 360huts.com is scalable.
• 360huts.com makes apartment searching,
fun and entertaining, through videos!