Member Article

Bury-based property website receives investment boost

A website where people sell their own homes has received an investment boost as it looks to grow its market share.

Entrepreneur and business adviser Keith Robinson has invested an undisclosed sum in return for a minority stake in MyOwnEstateAgent.com.

Keith Robinson has become a non-executive director of the Bury-based business as part of the deal.

The company enables private sellers and landlords to list their properties for sale for a small fee.

Property entrepreneur Simon Holland established MyOwnEstateAgent.com last year, and the site currently has listings for homes in Greater Manchester, East Lancashire, north Wales and the West Country.

In addition to listing properties, the website offers ancillary services such as providing vendors with energy performance certificates, detailed floor plans of their homes and a professional ‘For Sale’ sign.

Mr Robinson is the managing partner of Altrincham-based Griffin Partners, which he established earlier this year to advise small and medium-sized businesses on their growth strategies, and to provide director-level support on an interim or part-time basis.

Mr Robinson said: “There has been a big shift in the property sector towards cost-effective, online solutions such as ‘for sale by owner’, which presents a huge opportunity for MyOwnEstateAgent.com to capture a greater share of a growing market.

“MyOwnEstateAgent.com offers a low-cost, easy-to-use facility for private sellers and landlords to sell their properties online, potentially saving thousands of pounds on estate agents’ fees, and I believe there is great potential for the business.”

This was posted in Bdaily's Members' News section by Sophia Taha .