15 Y/O, Highly Respected, Award-Winning Boutique Real Estate Agency

San Francisco County, CA

15 Y/O, Highly Respected, Award-Winning Boutique Real Estate Agency
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Asking Price: $1,200,000

Cash Flow: $404,428

Gross Revenue: $809,998

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: 2006

15 Y/O, Highly Respected, Award-Winning Boutique Real Estate Agency

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Business Description

Strong Reputation for Client Satisfaction; Highly Valuable, Custom Website; Sign

The Company is a boutique real estate agency based in San Francisco, CA. It has been serving the SF and surrounding-area markets for more than 15 years and is one of the most respected in its industry.

Their competitive advantage comes from their unique geographic scope of service and price range. They cover San Francisco and all surrounding areas, enabling them to understand market trends faster and make moves accordingly and more quickly than their competitors. The Company operates as an independent boutique in a large market, so they do many things differently than is expected in their industry, which makes them stand out from the competition.

Renowned for their expertise, client satisfaction, market scope, connections in the agent/ broker community, and their reputation for being professional and fun to work with, current ownership relishes in their personal approach to business. The Company’s industry insider connections give their clients extra leverage for success. A strong example is their membership to the Top Agent Network, which is a private, invitation-only forum for the top 10% producing agents and brokers in the area to share advanced information.

Their website is a game-changer in the industry, both with comprehensive, personalized front-end search functionalities for clients and a clever, utilitarian backend for brokers.

Ownership relishes in their personal approach to business. The Company is run much like a family-owned business. Most of the sales team came from the Owner’s personal connections. The Owner emphasizes future success will be bolstered by maintaining the close-knit atmosphere that has been fostered over the years.

Significant opportunities for continued growth exists, including expanded digital marketing, creative first-time buyer online events and expanded market share.

Purchase Considerations:

* Over 15 years of experience serving the San Francisco and North, East & South Bay Areas

* The Company strives to operate differently than the typical real estate agency, looking at the right fit between a buyer and property, and looks to the long-term

* Their unique, highly personalized approach, along with buyers and listings from an array of price points and geographical areas, leads to strong client referrals and a strong reputation in the SF and surrounding bay area markets. Many real estate offices only serve a certain area or price.

* Average transaction size is approximately $1.5MM

* 2020 sales were strong, with many overbids flooding their deals, and expansion in suburban sales as well

* The website has a very strong user experience, for clients and agents alike, and is valued at approximately $250,000 as a standalone entity

* The website’s built from scratch search platform allows customers to search by hyper local criteria with rich data to drive informed decisions about where and what to buy, with yelp integration and more.

* The website is an equally powerful tool for agents, with a carefully designed back end that makes tracking clients and pulling reports simple and efficient

* More than 50 years of experience in their team of six sales professionals whose approach to real estate is knowledgeable, helpful, honest and fun

* The Company was able to creatively pivot during the pandemic. Using creative marketing, like Facebook Live events for listings and moving first-time buyer events online, they were able to do over 80% of the business they did in all of 2019 in the last 5 months of 2020.

* The Company is seeing an uptick in interest in suburban properties, with approximately $15MM of their 2020 sales coming outside of the San Francisco city limits

To learn more about this business, please click on the following link: https://raincatcher.com/listings/real-estate-agency
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Detailed Information

Location:
San Francisco County, CA
Employees:
7
Facilities:
Virtual- based
Growth & Expansion:
Significant opportunities for continued growth exists, including expanded digital marketing, creative first-time buyer online events and expanded market share.
Support & Training:
The owner is committed to helping train the new buyer during a transition period, as needed.
Reason for Selling:
Spend more time on mobile app business
Business Website:
http://raincatcher.com/listings/real-estate-agency
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(from currently available funds)
 
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Keli Johnson

Business Listed By:
Keli Johnson

Raincatcher


Sponsoring Broker:
Jason Thomas

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