A buyer driven property site that turns the current model on its head. Monday 17 October 2011 PDF Print Buyers Billboard is a valuable additional tool for both buyers and sellers, giving each better clarity and bringing liquidity to the market Buyers Billboard is a FREE service where house buyers advertise what they are looking for and home owners search for a buyer whose requirements MATCH their property. * People wanting to buy a house register what they are looking for – location, bedrooms, bathrooms, etc. * Home owners use a search algorithm to find the buyers who will be most interested in their house and contact them directly. * Owners know exactly what buyers want and buyers know how well a property matches their requirements. * Launched in October focussing on First Time Buyers in London Home owners enter details about their house and search the database of serious buyers for those most interested in their home. They are then able to contact the buyers directly through the site. This gives buyers the opportunity to tap the vast pool of people interested in selling their homes, but who have yet put it on the market. It also allows owners to test the appetite for their homes. This site was set up by David Lomas, until recently an investment banker, whose other entrepreneurial endeavours include bringing the first rickshaws to London. David got the inspiration for the site following years searching for the right property. “I realised there were lots of people out there who would have been interested in selling their flat to me but had not been through the rigmarole of putting it on the market, however I had limited ways to reach these people. At one point I even tried putting hand written notes through people's doors, but thought there must be a better way.” Quotes: David Lomas: “Buyers Billboard is a valuable additional tool for both buyers and sellers, giving each better clarity and bringing liquidity to the market.” The full Media Pack is available on http://buyersbillboard.co.uk/about-us/media-pack Contact Details: David Lomas email@example.com 07711 923 433 149 Kennington Lane London SE 11 4EZ PRIZE Give away: To reward early users, we are giving away an iPod2 every month. Please see the site for details. FAQ: 1. Why is this different? There are other property sites out there, however they all focus on allowing buyers to search for sellers who have their houses on the market. With Buyers Billboard it is the buyer who advertises what they are looking for and the seller who does the searching. A couple of sites have services for home owners to invite buyers to put an offer in for their property. By putting the onus on the buyer to register what they need, we allow home owners to search and instantly find buyers for their property. We also allow sellers to contact buyers directly. They are then able to choose whether or not they need help from an estate agent. 2. How much does it cost? It is free for buyers to register and for sellers to search. It is also free for sellers to contact buyers. When a seller finds a buyer through the site and completes a sale to them, there is a fee payable of GBP 150. 3. What problem does it solve? There are many home owners who are interested in selling their house, but do not have it on the market. Reasons for not having it on the market include: uncertainty surrounding how many buyers are out there, procrastination around the final decision as to whether or not to move, and reluctance to commit the time and money involved in putting their house on the market. Buyers Billboard allows buyers to reach these potential sellers. 4. Can buyers find properties for sale? No, for that they will need to use the traditional property sites. 5. Is the data safe? Yes we are registered under the Data Protection Act and have the appropriate measures in place to safeguard all data. We also promise not to pass on any personal information without your permission. 6. Does this cut out the estate agents? It is up to the individuals. We recognise the valuable services estate agents can provide from conducting viewing to handling price negotiations and managing the process to completion. Some people will be confident doing this themselves, others will be willing to pay for some professional help. This press release was distributed by ResponseSource Press Release Wire on behalf of Buyers Billboard in the following categories: Home & Garden, Personal Finance, Construction & Property, for more information visit https://pressreleasewire.responsesource.com/about.