• Transactional: £333m UK revenue potential (at 1% fee level)*
• User acquisition: tenants use ‘same front door’ (usually online portals)
• Customer value proposition: lower the cost (time/money) of lettings toward zero
Future referral fees: Lifetime value of data = £1,000+, per property
– Properties remain searchable on the internet for prospective interest
– We can alert owner to sales/letting prospect; earn fees with no extra work
Business model
PAYG Silver Gold Black
Monthly cost - £100 £300 Call
Property let fee* 4% 2% 1% Free
Market price
guarantee
Viewings Included £120 £120 £120
Photos / Floorplan Included £150 £150 £150
Auction Reserve £100 £100 £100 £100
*Wigwamm 1% fee of annual rent on all transactions. Average tenancy 18 months, therefore revenue potential = £50bn x 1% x 2/3 = £333m
@WigwammHQ
[email protected]