Property agency comparison startup to hit its first crowdfunding target before launch

This real estate agency comparison site, which hasn't even launched yet, is already getting close to hitting its crowdfunding target of £50,000

Invite Agents, which is crowdfunding on crowdcube, has already raised £41,570 from 63 investors.

The website will directly connect homeowners with agents to compare personalized quotations and valuations based on specific properties.

It says this approach is different from other agent comparison sites which only present typical commission fees.

The service will be free for consumers and agents will pay a 'transparent' subscription fee to access new clients using the platform.

It has been tested this year by several agents in the Bristol area, including Hunters, Andrews and Ocean.

The platform says it will be using the investment to further develop its offering and launch across Bristol, before a planned national expansion in 2021.

Invite Agents is being launched by Stephen Berridge, a chartered surveyor, property developer and landlord.

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