Reasons to Invest
- Disrupting the Real Estate Industry: Wavie is leveraging AI and machine learning to develop a fully functional MVP to make real estate transactions affordable, transparent, and agent-free.
- Traction: We've formed channel support partnerships with Renosell (Renosell.com.au) and Secured Realty Assist Australia.
- Positioned to Scale: Collaborating with Australia's premier conveyancer, Conveyancing.com.au to drive Wavie's solution to their database of 70,000 property owners & buyers across Australia.
- Strategic Partnerships: Our collaborations with premium builders, developers, mortgage brokers, and buyers' agents has already generated significant interest from homeowners and industry stakeholders.
- Smart Automation: We employ AI & ML for accurate valuations, online auctions, virtual tours, and streamlined property sales.
- End-to-End Oversight: Complete property lifecycle management, from listing to legal support.
- Data-Driven Marketing: AI-driven listings, media enhancements, and real-time market insights maximise property exposure.
- Diverse Revenue Streams: Our revenue model includes a fixed fee pricing model, transaction fees, affiliate marketing, partnerships, and data monetisation.
- Industry Potential: We believe the real estate industry's outdated model and high costs create an opportunity for Wavie, in a global market valued at $25 billion in PropTech and $3.69 trillion in real estate.
What is Wavie?
Wavie is looking to set a new standard for affordability, transparency, and empowerment in real estate transactions – with the use of the latest advancements in AI and machine learning technology available.
We're putting homeowners back in the driver's seat. No more agents, no more commissions, and no more upfront costs.
With strategic partnerships in place with esteemed builders, developers, mortgage brokers, and buyers' agents, Wavie has already garnered significant interest from homeowners and industry stakeholders. Our collaboration with Australia’s premier conveyancer, Conveyancer.com will put our product in front of 70,000 homeowners; positioning us as the new solution on the block ready for nationwide expansion.
What Do I Get If I Invest?
By investing through Equity Crowdfunding, you will own shares in Wavie and be part of their journey by becoming a shareholder. That means that you have a stake in the long-term success of the business should a liquidity event take place. To find out more about becoming a shareholder and what this means review our Investor Page.
The Problem
Wavie has been built to displace the archaic, inflexible, and high-cost model of the traditional property sales transaction led by a real estate agent.
This is being driven by 3 key problems we have identified in the market:
- High Costs: In 2022, homeowners spent $13.5 billion on agent commissions, in addition to marketing fees ranging from $2,500 to $15,000 per sale.
- Lack of Transparency: Fee calculations leave buyers and sellers in the dark and forced to pay for, and consult with multiple stakeholders.
- Slow Innovation: The real estate industry has been slow to adopt new technologies and business models, making the process complicated and expensive.
The Solution
Wavie is a single platform that services the needs of property sellers so that they are empowered with the data, insights, processes, and marketing tools to conduct a property sale transaction.
The Wavie platform challenges the traditional agent-led sales process with a new level of automation and intelligence:
- Smart Automation: Leveraging AI and ML technology for accurate valuations, online auctions, virtual tours, and a simplified property sales process.
- End-to-End Oversight: Complete management of the property lifecycle, from listing and negotiations to chatbot assistance and legal support.
- Targeted Marketing: AI-driven listings on major real estate agent platforms, media enhancements, and real-time insights on the market to maximise property exposure.
- Transparent Fee Structure: Full fee transparency with customisable packages, add-ons and fee financing options to meet specific property owners' needs.
Business Model
The Wavie platform will initially monetise through a single transaction fee per listing targeting millennial property owners, small property developers and builders. As we build out our customer base we will aim to generate revenue through 3 main revenue streams:
- Fixed Fee Pricing: Customers can choose between our basic package at $6,995 or our standard package at $10,995 with the option to enhance their experience with add-ons priced between $500 and $2,000. For an all-inclusive experience, Wavie Plus, inclusive of all features and add-ons, is priced at $14,995.
- Affiliate Marketing & Partnerships: We will aim to establish affiliate relationships with industry stakeholders, (like our collaboration with conveyancing.com.au), to generate revenue through sign-ups and expand our reach to property owners across Australia.
- Data Monetisation: After the planned launch of Wavie Version 2.0 and the rollout of additional features, we plan to harness the potential of our data centre. Data monetisation will provide Wavie with a new revenue stream and empower users with market insights and improved decision-making capabilities.
We anticipate there will be scope to access other revenue streams such as top-of-list advertising, and paid property promotions with industry stakeholders as we enhance our user experience.
Channel growth through partners and alliances
Wavie also plans to build a third-party channel targeting banks and mortgage companies, within its partner network across the real estate and home services ecosystem.
- Established strategic relationships with a network of builders and developers, mortgage brokers and buyers’ agents.
- Secured Renosell (renosell.com.au) as a channel support partner – with the potential to direct the sale of its properties using the Wavie platform.
- Secured Realty Assist Australia as a support partner to advance fund the Wavie package for customers until property settlement, enabling customers to avoid upfront fees.
- Integrated Conveyancing.com.au offers customers streamlined conveyancing services, enabling Wavie to tap into a potential customer base of approximately 70,000 through Conveyancing.com.au.
Our Mission
Our mission is to create the world’s most trusted and transparent solution for property sales. We are pioneering a customer-centric end-to-end model for a smarter, and simpler process – giving property owners greater control of the property sale transaction process, at a fraction of the traditional cost.
Business Objectives
Your investment will directly fuel 4 growth pillars.
- Our technology: Refining our user experience to introduce new features across our web & mobile properties, whilst integrating blockchain technology to eliminate prolonged conveyancing procedures.
- Our partnerships: Rapidly expand our relationships with key stakeholders and extend our product to the commercial property, and the residential rental market.
- Our data & insights: The potential of data monetisation not only offers a fresh revenue stream but also empowers our users with market insights and better decision-making capabilities.
- National & International Expansion: Execute key strategic marketing activities to scale our brand to property owners across Australia and explore opportunities for international expansion.
Industry
The real estate industry has remained stagnant for far too long, leaving homeowners reliant on real estate agents, and forced to fork out significant marketing and commission costs. We see an opportunity for Wavie to disrupt the inflexible, and outdated model by addressing the lack of transparency and the high costs that homeowners can relate to.
Wavie is part of the growing global PropTech market, valued at approximately USD 25 billion in 2021, and the growing global real estate market, valued at USD 3.69 trillion in 2021.
With annual real estate commissions ranging from $13.5 billion to $16.9 billion, we aim to provide a fresh solution to the 6.9 million Australians who engage real estate agents for their housing needs each year.
Traction to Date
In the last 9 months we have hit some major milestones on our mission to become the leading platform for property transactions in Australia:
- Formed strategic relationships with esteemed builders. developers, mortgage brokers and buyers' agents
- Collaborated with Australia's leading conveyancer, Conveyancing.com.au, to expand Wavie's reach to 70,000 home buyers in the Conveyancing.com.au network.
- Developed our MVP in collaboration with experts at Devika, designed for growth and evolution.
- Renosell (Renosell.com.au) secured a channel support partner – with the potential to direct the sale of its properties using the Wavie platform.
- Secured Realty Assist Australia as a support partner to advance fund the Wavie package for customers until property settlement, enabling customers to avoid upfront fees.
- Garnered widespread interest from homeowners and industry stakeholders who love our transparent business model.
Risks
Any investment carries risk and you should consider your financial situation, objectives and risk tolerance as to the appropriateness of investing in Private Property Hub Holdings Pty Ltd (Wavie).
Potential risk factors may include global macroeconomic conditions affecting the real estate industry, and cybersecurity, in addition to our platform’s dependence and our ability to raise funds in the future. If any of these, or other unlisted risks arise, our business, operations and/or condition may be adversely affected.
Our offer document sets out additional key risks we face as a pre-revenue startup which include risks associated with:
- Start-up and business model risks
- Cash flow and funding risk
- Reliance on third-party integrations
- Regulatory and multi-jurisdictional Requirements
- Brand and consumer market risks
Always read the risk warning and CSF offer document before investing.
About Swarmer
Swarmer is an Australian equity crowdfunding platform connecting businesses and investors. Designed to support start-ups, growth companies and scale-ups we allow everyday investors to own a share in businesses that are the future. We hold Australian Financial Services License (AFS License #507867).
Find out more about becoming a shareholder via Equity Crowdfunding through Swarmer.