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5 Year Plan

Hommtown operates in the real estate technology sector, offering a platform for real estate agents to enhance their services and connect with clients. With a focus on user acquisition, the company aims to capture a significant market share across different states, starting with California.

  • Current Phase

California-Centric Deployment:

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  • Hommtown is proud to announce that our initial deployment is exclusive to California agents. This strategic decision allows us to concentrate our efforts, ensuring a targeted and impactful introduction to the real estate market.

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First-Year Goals:

  • Revenue Target: $100,000

    • Hommtown sets an ambitious but achievable revenue goal of $100,000 for the first year, underlining our commitment to sustainable growth.

  • User Acquisition Strategy:

    • To achieve our revenue target, we aim to make 20,750 contacts within our target audience – individuals who will not only explore Hommtown but become advocates and users.

  • Investor Engagement:

    • Our success isn't just measured in revenue; it's about fostering a community of advocates. Hommtown is seeking 417 investor agents who believe in our vision and want to be a part of reshaping the real estate landscape.

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Why Invest in Hommtown's California Rollout?

  1. Strategic Focus on Quality Over Quantity:

    • By limiting our initial rollout to California, we can ensure a concentrated effort in delivering a high-quality experience for both agents and buyers.

  2. Exclusive Investor Opportunities:

    • Investors joining us in this pivotal phase secure exclusive opportunities to shape the trajectory of Hommtown's growth. Your investment isn't just a financial commitment; it's a stake in the future of California real estate.

  3. Agent Network Synergy:

    • Hommtown thrives on collaboration. With California agents leading the charge, your investment aligns with a network of seasoned professionals who understand the local market dynamics and share a collective commitment to Hommtown's success.

  • Roadmap

Year 1: Laying the Foundation (2023-2024)

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  • Objective: Achieve $100,000 in revenue, establishing a robust user base and engaging with agents.

    • Strategy:

      • Onboard 20,750 contacts through targeted marketing efforts.

      • Secure 417 investor agents to join the Hommtown community.

      • Refine user experience based on feedback and data insights.

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Year 2: Expansion and Refinement (2024-2025)

  • Objective: Double revenue and enhance platform features based on user feedback.

    • Strategy:

      • Expand user base to 100,000 contacts through strategic partnerships and marketing campaigns.

      • Introduce new features, such as AI-powered insights and enhanced CRM tools.

      • Foster a sense of community among users and agents.

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Year 5: Scaling for Growth (2027-2028)

  • Objective: Achieve $3 million in revenue, solidifying Hommtown's position in the market.

    • Strategy:

      • Expand market presence beyond California to key real estate markets.

      • Enhance user engagement through targeted marketing and community-building initiatives.

      • Launch Hommtown 2.0 with advanced features and improved scalability.

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Year 10: Dominance and Innovation (2032-2033)

  • Objective: Reach $100 million in revenue, becoming a pioneering force in real estate technology.

    • Strategy:

      • Establish Hommtown as a global real estate platform.

      • Leverage advanced AI and machine learning for predictive analytics.

      • Introduce cutting-edge features to maintain a competitive edge.

      • Explore strategic partnerships and acquisitions to further expand market influence.

  • User Acquisition Plan

1. Office Promotions:

  • Focus: KWFL and Beyond

  • Engage with agents directly in KWFL offices and extend promotions to other key offices, creating a localized buzz.

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2. Social Media Masterminds:

  • Strategic Locations: West Side and East Side

  • Establish Social Media Masterminds within offices on the West and East sides to leverage digital platforms for maximum reach.

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3. Real Estate Conventions and Seminars:

  • Key Events:

    • Tom Ferry Local, CAR Conventions, NAR Conventions, Coaching Seminars

    • Leverage these industry gatherings to network, showcase Hommtown, and engage agents actively seeking innovative solutions.

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4. Greater LA Conferences:

  • Influential Partnerships:

    • Collaborate with experts and influencers like David Halpern, John Reyes, BEEF Wellington, Tom Ferry, and Mike Ferry to establish Hommtown as a go-to platform.

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5. Realtor Association Classes:

  • Local Focus:

    • Arcadia, San Gabriel Valley Association, CVAR, Pasadena

    • Direct engagement with local associations to integrate Hommtown into agent training programs.

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6. Networking Events and Media Presence:

  • Strategic Presence:

    • Attend and host networking events, including Pheonix TV appearances and podcasts, to enhance brand visibility and establish credibility.

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7. Affiliates and Partnerships:

  • Strategic Collaboration:

    • Forge alliances with affiliates such as escrow companies, home warranty providers, title agencies, home inspection services, and mortgage companies.

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8. Social Media Blitz:

  • Strategic Posting:

    • Execute a targeted social media campaign, showcasing Hommtown's features and benefits across various platforms.

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9. Crowdfunding Campaign:

  • Wefunder Platform:

    • Launch a crowdfunding campaign on Wefunder to secure funds and simultaneously engage potential users and investors.

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10. Social Posts:

  • Consistent Engagement:

    • Regularly post engaging content on Hommtown's social media channels to build anticipation and connect with the real estate community.

  • Market Expansion 

California:

  • Total Agents: 220,000

  • Revenue Potential:

    • 10% Penetration: $2,020,000

    • 20% Penetration: $4,040,000

    • 30% Penetration: $6,060,000

Texas:

  • Total Agents: 152,222

  • Revenue Potential:

    • 10% Penetration: $1,522,200

    • 20% Penetration: $3,044,400

    • 30% Penetration: $4,566,700

Florida:

  • Total Agents: 218,906

  • Revenue Potential:

    • 10% Penetration: $2,189,100

    • 20% Penetration: $4,378,100

    • 30% Penetration: $6,567,200

Key Local Markets (Beverly Hills, SGV, North OC):

  • Smaller but affluent markets with substantial revenue potential at varying penetration levels.

Metropolitan Areas (Greater Los Angeles, San Diego, Greater Bay Area):

  • Large-scale markets with significant agent populations, providing substantial revenue streams across different penetration scenarios.

Nationwide Impact:

  • Total Agents: 1,566,354

  • Revenue Potential:

    • 10% Penetration: $15,663,500 per year

    • 20% Penetration: $31,327,000 per year

    • 30% Penetration: $46,990,100 per year

National Expansion Strategy: Hommtown aims to strategically expand its reach beyond California, targeting key markets in Texas and Florida, as well as affluent local markets and metropolitan areas. The national impact forecast demonstrates significant revenue potential, positioning Hommtown as a major player in the real estate technology sector.

  • Evaluation 

Valuation: 

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California:

  • 10% Acquisition: $2,020,000 * 5 = $10,100,000

  • 20% Acquisition: $4,040,000 * 5 = $20,200,000

  • 30% Acquisition: $6,060,000 * 5 = $30,300,000

Texas:

  • 10% Acquisition: $1,522,200 * 5 = $7,611,000

  • 20% Acquisition: $3,044,400 * 5 = $15,222,000

  • 30% Acquisition: $4,566,700 * 5 = $22,833,500

Florida:

  • 10% Acquisition: $2,189,100 * 5 = $10,945,500

  • 20% Acquisition: $4,378,100 * 5 = $21,890,500

  • 30% Acquisition: $6,567,200 * 5 = $32,836,000

Nationwide:

  • 10% Acquisition: $15,663,500 * 5 = $78,317,500

  • 20% Acquisition: $31,327,000 * 5 = $156,635,000

  • 30% Acquisition: $46,990,100 * 5 = $234,950,500

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Investor Considerations:

  1. Revenue Potential: The company exhibits strong revenue potential with substantial figures at different market penetration levels.

  2. Scalability: As the company expands its presence nationwide, scalability becomes a key factor in achieving higher valuations.

  3. Market Presence: Capturing 10% of the agent market in California serves as a positive indicator, showcasing the company's ability to establish a significant market presence.

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