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Funding Plan

Hommtown is currently at the forefront of innovation in real estate technology. We are excited to share that we are in the process of securing design patents for key features that set us apart in the market

  • Crowdfunding Plan

Objective: Hommtown is seeking $1 million at a $10 million valuation, aiming to raise $2,400 per agent.

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Calculation:

  1. Funding Per Agent:

    • $1 million / $2,400 per agent = Approximately 417 agents

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Investor Participation:

  • With each investor contributing $2,400, we aim to secure a diverse group of supporters.

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Platform Choice: 2. Wefunder Campaign:

  • We are launching a Wefunder campaign, inviting a broader community to join our journey. Your investment not only supports Hommtown's growth but establishes you as an active participant in our success.

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Allocation of Funds: 3. Use of Funds:

  • The majority of the raised capital will be allocated to development and marketing efforts. This strategic investment will continue to enhance the user experience, ensuring Hommtown remains a leader in the real estate technology sector.

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Investor Benefits:

  1. Equity Ownership:

    • Investors receive equity in Hommtown. Refer to the agreement for the specific amount.

  2. Unlimited Usage:

    • Investors enjoy two years of unlimited usage of the Hommtown platform.

  3. Marketing Exposure:

    • Investors gain marketing exposure on Hommtown, creating a symbiotic relationship between the platform's growth and the investor's brand.

  4. Early Discount:

    • Investors secure an early discount at the $10 million evaluation, positioning them favorably for future growth and potential returns.

  • Design & Patent 

Investing in Hommtown means becoming a part of a platform with a vision for the future. Our design patents not only represent our commitment to innovation but also serve as a valuable asset in a competitive market.

 

Design Patent Pending Features:

  1. Home Tour Features:

    • Our home tour features redefine the traditional property viewing experience. With a focus on seamless scheduling and personalized tours, we've created an intuitive and engaging process for both agents and clients.

  2. Video Display Features:

    • The video display features on Hommtown bring listings to life. Our design approach ensures an immersive and captivating showcase of properties, providing a dynamic visual experience for users.

  3. CRM Feature:

    • Our CRM feature is meticulously designed to enhance the agent-client relationship. We have crafted a comprehensive set of tools that empower real estate professionals, ensuring efficient communication and personalized services.

  • Marketing Strategy
  1. Advertising: $10,000

    • Utilize targeted digital advertising campaigns to reach potential users.

    • Allocate funds for social media ads, search engine marketing, and other online platforms.

    • Consider partnerships with real estate influencers and platforms for increased visibility.

  2. Public Relations: $5,000 to $10,000 per year

    • Invest in press releases, media outreach, and coverage in real estate publications.

    • Leverage public relations to highlight Hommtown's unique features and industry impact.

    • Consider participation in relevant industry events and sponsorships.

  3. Other Sales and Marketing Costs: $5,000 to $25,000 per year

    • Allocate funds for promotional materials, branded merchandise, and event sponsorships.

    • Explore collaborative marketing initiatives with real estate agencies and professionals.

    • Invest in content creation, including engaging videos and graphics for social media.

Total Marketing Projection Range: $20,000 to $45,000 per year

  • Development 
  1. Software Development: $150,000 to $200,000 per year

    • Engage a skilled development team to enhance and maintain the Hommtown platform.

    • Allocate funds for software updates, bug fixes, and the introduction of new features.

    • Invest in continuous improvement of user interface (UI) and user experience (UX) design.

  2. Hardware Costs: $10,000 per year

    • Cover expenses related to server maintenance, cloud services, and other infrastructure needs.

    • Ensure a reliable and scalable infrastructure to support the growing user base.

    • Consider potential increases in hardware costs as the platform expands and evolves.

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Total Development Projection Range: $160,000 to $210,000 per year

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Development Strategy Overview:

  • Prioritize software development to implement user-requested features and improve platform functionality.

  • Allocate resources for regular security audits and updates to ensure data protection.

  • Optimize hardware infrastructure to accommodate increased user traffic and data storage requirements.

  • Foster a collaborative development environment to encourage innovation and efficiency.

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