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Smart Property Solutions
Smart Property Solutions helps first time home buyers make informed real estate decisions at competitive prices.
- Industry
- real estate
- Product Type
- physical
- Problem
- Inability of first time property buyers to understand their options and possible hazards when entering the real estate market.
- Market Size & User Personas
- The real estate market size varies from country to country but globally it is estimated to be worth over $3 trillion. User personas are first time home buyers who are looking for a comprehensive real estate package.
- Solution
- Smart Property Solutions is a physical product that provides first time home buyers with a comprehensive package of services. The package includes advice on matters such as legal advice, selecting the right property, negotiating the best deal, taxation laws, etc.
- MVP Features
- Implementation Details
- Value Proposition
- Smart Property Solutions will provide first time home buyers with a comprehensive package of services at reasonable prices, which will enable them to make informed decisions regarding their real estate investment.
- Pain Points to Solve
- Smart Property Solutions will provide complete and accurate information to first time home buyers to help them make informed decisions and avoid potential pitfalls when buying property.
- Sales & Marketing Channels
- Smart Property Solutions will be distributed through selected real estate agents, online vendors and direct mail campaigns.
- Revenue Stream Sources
- Revenue for Smart Property Solutions will come through the sale of the package (one-time purchase) and subscription services (monthly or yearly charges).
- Cost Structures
- Costs will include personnel, marketing, legal expenses, product development, etc.
- Key Activities
- Research and development, packaging, sales and marketing, customer service.
- Key Resources
- HR and technical resources, cashflow and profitability.
- Key Partners
- Real estate agents, legal advisors, banks and financial institutions.
- Competition Landscape
- Smart Property Solutions will face competition from other similar services as well as existing real estate agents and lawyers who offer similar services.
- Competition Advantage
- Smart Property Solutions will provide a comprehensive package of services to first time home buyers at competitive prices and with top-notch customer service.
- Idea Validation Steps
- Research and survey potential customers, pilot launches, customer feedback to refine the value proposition and pricing.
- Potential Business Challenges
- Inability to compete with established real estate agents and lawyers, customer acquisition and retention, dealing with changes in regulation.