No Brokers Business Plan Sivaram

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Strictly Private & Confidential

No Broker© 2020

No Brokers is a real estate Platform, A one stop solution for real estate need
for property owners, Buyers, Agents and vendors

Prepared By: Prepared For:

MR. JANATH RAJASINKAM No Brokers Canada


No Brokers UNITED KINGDOM
OFFICE: - 122 CARONIA SQUARE SCARBOROUGH,
TORONTO , CANADA
PHONE: +94765414777 | 0016472314718
EMAIL: [email protected]
WEBSITE: www.nobrokers.ca | www.nobrokers.uk

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No Broker© 2020

1 EXECUTIVE SUMMARY
Nobrokers.ca, Nobrokers.co.uk is an online web based company that provides one
stop real estate solutions and making the real estate sales as a digital process in
Canada and UK to save Billion Dollars.
No Brokers will be focusing on connecting home buyers and home sellers in reaching
a successful sale or purchase in their real estate needs.
We are poised to take advantage of these changes, and expect to become a
recognized name and profitable entity in the UK and Canada real estate market. We
chose to locate our office in the area of most revenue potential. Our targeted
markets are UK and Canada which has stability and growth.
The first quarter home values were up 8.8% from the same period in 2019, the Office
of Federal Housing Enterprise Oversight says. The gain reflects an increase from the
previous quarter, when residential real estate values saw year-over-year growth of
8.1%.
In UK market in 2019 above 20 Billion GBP Traded in real estate and nearly 0.5 billion
GBP has paid off as commissions
As stated in the Objectives section we make real estate sales as complete digital
process. We provide digital assistance and guidance in selling/Buying a property to
the customers.
Nobrokers.ca and Nobrokers.co.uk will be one stop real estate solutions providing
customers real estate related needs, Legal services, renovation (Electrical, Plumbing,
Tile, Bathroom), services, Staging, Photography, Appraisal, Mortgage agents.

2 INTRODUCTION OF NO BROKERS
Brexit, Environmental change, political changes, rising mortgage rates, and evolving
technology trends are just some of the challenges Real estate Market facing in Uk
and Canada. Selling a home can be an emotional time for property owners; people
get to experience it in full force. Clients can experience nervousness, uncertainty,

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No Broker© 2020

3 BUSINESS OPPORTUNITY
Real estate brokers market provides an opportunity for individual investors, New
home buyers, Corporates to own real estate. As a result, demand and growth of the
industry and its assets are often associated with the general health of the real estate
sector. The industry is currently benefiting from a rise in rents and low vacancy rates
in several property markets. Well-capitalized Real Estate Investment Trusts (REITs)
are ramping up property purchases and funding construction to take advantage of
low-interest rates and mounting rental demand. The real estate industry is a big
business generating billions of dollars in revenue annually, and there are ample
opportunities for entrepreneurs, to turn a profit companies operating in the
commercial brokerage and management field, generating $35 billion in revenue. In
Canada, the fundamentals increased demand for real estate brokers and pushed up
housing prices, leading to higher industry commissions. As a result, industry revenue
is expected to increase at an annualized rate of 4.1% to $14.5 billion over the five years
2020-2025.

As owners point of view they can save brokerage commissions which this portal has
Digital Broker System, which is going to save billions of dollars. Even they can use all
the other services and tools in the site.

When you take a vendor or services providers their business also will be promoted in
the targeted audience, which has 24 hours break down services, cleaning services
and many more features and services

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No Broker© 2020

4 COMPANY BACKGROUND
No Brokers Canada Inc and it’s operating the business in Whole Canada and the UK.
The company is an online web platform for sellers & Buyers, and Sellers providing
one stop real estate solutions and making the real estate sales as a digital process.
No Brokers Canada Inc provides the complete lists of high-quality, comfortable rental
units, buying and selling services of properties in the whole Canada and United
Kingdom. No Brokers Canada Inc offers advancements in technology and a growing
need for quality housing. No Brokers Canada will create user friendly platform for
Buyers, Sellers, Investors, Tenants and services providers which will create
connection between all related (connected) to Real estate industry.
Digital broker concept will attract the property sellers, which takes the property
seller through the digital real estate process and guide them to sell their property
and save money.
No Brokers Canada Inc believes this new concept of Real estate digital broker
concept will make new revolution in the industry.

Our Vision
“One stop real estate solutions, revolutionizing by digitalizing the sales process”

Our Mission
“By 2025, countering 30% market share in the real estate industry.”

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No Broker© 2020

4.1 BUSINESS GOALS


 To develop the business plan and implement it effectively
 To raise the required funding of 4 million CAD
 To maintain professional team of staff
 To establish a strong brand name in real estate industry
 To educate owners and landlords to approach directly with tenants and buyers
without a brokers or middle man (sales Digital Process)
 To invest in undervalued residential real estate properties for the purpose of
renovating or rehabilitation and then immediate resale, or to hold and rent
properties, generating monthly income while obtaining market value
appreciation over a longer period.
 To manage real estate investments from identifying potential properties, to
evaluating, to acquisition, and to final sale or disposition.
 To manage renovation or rehabilitation activities of newly acquired residential
properties.
 To manage the residential properties that are rented and held for the longer
term.
 To manage the portfolio of real estate assets.
 To encourage substantial sales in year one and growing steadily through year
three.
 To manage service providers and their system

4.2 BUSINESS STRATEGIES


 Free Listings
 Service providers 10% billing

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 Partnering with financial Institutions, real estate professionals, and appraisal


companies
 Partnering with students on part time basis
 Partnering with Lawyers, mortgage companies

4.3 KEYS TO SUCCESS


 Safe, quality housing that provides state-of-the-art amenities at competitive
prices
 Maintaining open communication between No Brokers LLC and its customers
in order to ensure the highest level of customer satisfaction and long lasting
reputation within the community.
 To continue to expand the Real Estate services and maintain highest quality,
while also increasing the level of profits for both No Brokers LLC and its
investors.

Venture Stage Concept


 Single smart phone app & website
 In-house experts or company reps respond

4.4 THE MANAGEMENT


Management is the core of any organization. It is not just personal and individual’s
resumes but vision and commitment that lead to success. Mr. Janath Rajasinkam will
lead No Brokers Canada Inc. He envisioned and created the business based on his
passion for the real estate industry and his desire to revolutionize the Industry. His
main goal as founder is to provide technology and concept which will save money
and time to his clients.

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No Broker© 2020

About the CEO: DR. R Shivaraman


 2018 Director at Big Bang Boom Solutions Pvt Ltd
 Investor at Empower Labs Pvt Ltd from
 Director (R & D) at Accendere Knowledge Management Services from 2009 to
2017
 Visiting Research Academic at University of West Australia from 2013 to 2014

About the Co-Founder /Director Kapilan Navaratnam


Kapilan has several years of experience in Technology field and
completed his BA of information technology from York
University. He is focused on developing solutions that will
innovate mortgage industry

 2017 Network engineer - Computech Distribution


 2015 -2018 Web designer
 2018 Junior software developer
 2019 Technical marketing designer - Shop your own mortgage

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No Broker© 2020

5 SERVICES DETAIL
We are offering real estate brokerage, services through a web-based portal. Through
our website, buyers and sellers will benefit from hassle free brokerage transactions.
Our revenue will cut down complete brokerage fees from the seller. Initial revenue is
per sales $500 in initial stages. Sellers list their property at website, so our website
will take the client through the process of sales in another term “Digital Brokers.” It
will be a revolution in the Real Estate Industry.

Service 1: Selling
 Right pricing (Valuation)
 Photography
 Renovation or painting
 Listing with agents or websites
 Marketing
 Finding suitable buyers
 Negotiations
 Closing of sales

Service 2: Buying
 Preparing the budget requirements
 Mortgage approval
 Findings the agents or websites
 Viewings
 Negotiations
 Close
Service 3: Property Management
 Partners (realtors in Canada)

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No Broker© 2020

 Property management services


 Short-term referrals
 Air BNB, booking.com, Oyo
 Cleaning services
 Breakdown management
 Security services
 50% cash back for registering five years
 Monthly monitoring update
 Monthly reports
 Online registration
 New homebuyers
 Newly homebuyers’ follow-up
 Monthly three property management sites
 Online rent payment options
 Bill payments
Sellers will be provided with the following services:
 Free CMA (Comparative Market Analysis).
 Inside/outside photos in panoramic view placed on MLS (Multiple Listing
System) and real estate Internet sites. This allows potential buyers to view our
seller's properties online.
 Advertising in local real estate publications.
 Our dashboard provides pamphlet with all property information, room
dimensions, tax information, a letter from the seller, and a complete history of
the home for potential buyers to read while viewing the property. This
pamphlet is for the seller to keep or to give to the new owner when the home
sells.
 Attractive yard signs with flyer tubes attached for potential buyers driving by.

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No Broker© 2020

 Listing flyers distributed to other online portals


 Circulated open house invitations (per seller approval).
 Excellent digitalized follow-up system on each showing.
 If no contract is submitted within the first listed month, we re-analyze our
future marketing procedures with the seller. Always assistance provided.
Buyers will be provided with the following services:
 We match buyers to homes. We have an extensive questionnaire for our
buyers to list their wants and needs.
 We go a step further with our buyers as we go on-site for them. We visit
the homes of their choice and take inside and outside panoramic photos for
their viewing and appraisal. We can email the photos or have a face to face
meeting with the buyer. The buyer does not have to go on-site unless they
choose to. Instead, we bring the home to them.
 We present their offers and comply with all negotiating for them.

At our website we will have:


Sell, buy, rent, lease and property management services will be available for
customers. Property valuation companies, renovation companies, photographers,
legal, mortgage, cleaning services, electrical, plumbing who ever related to real
estate will be connected through our partners in local areas. In first 6 months, we will
not charge any fees after that we will have few optional packages to boost their and
business through our site. The owner has a budget of 2 million Canadian dollars for
starting business in Canada and the UK.

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No Broker© 2020

6 REVENUE MODEL

Vendor Membership

Property Sale Commission

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No Broker© 2020

7 COMPETITIVE ANALYSIS

Purplebricks is an online estate agent which operates in the UK,


Canada, US and Australia. Founded in 2012 by Michael Bruce and
Kenny Bruce, it is backed by investors that include venture capital
firm DN Capital as well as Neil Woodford, Paul Pindar, and Errol
Damelin. Purplebricks was set for flotation, and would début on
London's Alternative Investment Market (AIM) on 17 December, with
an anticipated valuation of £240 million.
In December 2016, it was reported that Purplebricks had made its
first profit of £300,000. In the U.K., profit has risen to £5.7 million in
About the first half of the 2019 financial reporting period.
Purplebricks has expanded internationally. In August 2016 it launched
in Australia, and in September 2017, Purplebricks was officially
launched in the US.
In 2018, the company purchased DuProprio, a Canadian real estate
company that offers commission-free real estate services, for $51
million.
In May 2019, Purplebricks vowed to shut down operations in Australia
due to lack of profitability, after reporting an $18m interim loss for
the six months to October.
Services Property selling, buying, letting renting and property search services
Area Served UK, Canada, US and Australia.
Website www.purplebricks.co.uk

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No Broker© 2020

Forsalebyowner.com is the United States largest "by owner" real


estate website. It provides a real estate advertising and information
service that charges a flat fee to property owners who advertise their
property on the company’s Website. It created a business model that
competed directly with traditional real estate firms, connecting
buyers and sellers without the use of brokers. Property sellers devise
and customize the content and format of their advertisement.
ForSaleByOwner.com then charged to the owners a listing fee that is
About directly proportional to the length of the advertisement and the
period of time it appears on its Web site. For an additional fee,
property owners can have also list their properties on the MLS with a
real estate agent affiliated with ForSaleByOwner.com. Interested
buyers can use the service to search listed properties for free.
However, ForSaleByOwner.com does not represent or negotiate on
behalf of either the seller or the buyer. On its Website, a disclaimer
clearly states that it is not a real estate agent and is legally prohibited
from taking part in the actual sales transaction.
Services Property selling, buying & Real estate Services
Area Served US
Website www.forsalebyowner.com

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No Broker© 2020

8 WHY TO CHOOSE NO BROKERS

7.1 BENEFITS OF CHOOSING OUR PROPOSED PLAN


 Improvement in Business Model For Sellers
At any point, no real estate agents will be physically present. According to the
market analysis, another five years of real estate sales process will be
digitalized so like purplebricks.co.uk, already started in the UK and it has real
estate agents represents in one point. But, in our website it will be not there.
We connect more people who are inter-connected to the real estate and they
will be listed free of cost. we will enter the market through the free services
and tools we have in our website for the sellers and buyers and service
providers.
 High ROI
By effectively bringing down the broker fee to save our clients’ money.
 Zero Brokerage Fee
As clients can see from our cost and time breakdown schedule, that this
proposal will aid our clients substantially cut back brokersage costs. We truly
care about our clients’ money. We guide them on marketing to reduce their
cost.
 Short Time to Completion
Clients will find us fast paced and flexible. There will be no delays and
transition time will be less. Mortgage facilities also will be digitalized.
 Service Reliability
No blackout points and consistent customer support are our hallmarks
 Lower Implementation Cost
Even our activation and implementation charges are lower than our fiercest
competitors

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 Strong Customer Base


Our services are used by homebuyers and home sellers, we have already
established a strong base of satisfied customer who have increased their ROI
by minimizing those loss through our products.

7.2 COMPETITIVE ADVANTAGE


The following are competitive advantages that differentiate No Brokers Canada Inc.
from other providers:

Company Recognition
 Brand Awareness: We have coverage of over the whole Canada and the UK.
 Industry Recognition: We have a broad sphere of influence. We have
established our name across the whole real estate sector.
 Trust: We offer reliable, functional and flexible website and we have a real
dedication to quality customer support. We know that we can help any
company to truly optimize their properties and make this platform give them
the best possible return on investment.
 Customer Base: homebuyers and home sellers are also in the list of satisfied
our customers.
 First class service: We believe in making technology work for people.
Everything we create is designed to be highly functional but also clear and
easy to use so that we are always making life as easy as possible for our
customers. This attitude underpins our customer service too. Whether it’s
helping to fix a problem or training users on how to get the most out of our
system, we aim to make everything as simple and manageable as possible.
 We offer 24/7 support

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7.3 UNIQUE SELLING PROPOSITION


 One point destination.
 Relief from commission
 No Fee charged
 Save loads of time / Hassle Free
 Experience and enjoy all features of no brokers platform

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9 FINANCIAL FORECAST
The business proposal will be presented to angle investors to raise the required
funding of 3 million CAD.
Investment Breakdown
Total investors 4, each will be contributed 500,000 CAD. Name of the investors are:
1. Scarborough
2. Marxism
3. Pickering
4. Ajax
Allocation of funding/ Startup Expenses (estimated)
 Depreciable Assets:$500,000
 Website development:
$100,000
 Setup work space: $200,000
 Business registration: $2000
 Advertising and Marketing
Budget: $50,000
 Miscellaneous and Unforeseen
Costs: $50,000
Desired Income
It is estimated that the business will be generated 10% net income of total investment
at the end of first year.

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