Online estate agent secures backing
A Bury-based business which operates a platform to allow private sellers and landlords to sell their own properties has clinched an investment.
Entrepreneur and business adviser Keith Robinson, managing director of Griffin Partners, has invested an undisclosed sum in MyOwnEstateAgent.com for a minority stake.
As part of the deal, he has become a non-executive director.
Simon Holland, the owner of property consultancy Jacob's Ladder, launched the website last year.
Robinson said: "There has been a big shift in the property sector towards cost-effective, online solutions such as 'for sale by owner', which presents a huge opportunity for MyOwnEstateAgent.com to capture a greater share of a growing market.
"I believe there is great potential for the business."
Holland added: "Keith brings a wealth of financial, commercial and management experience to the business, having worked with a number of successful and fast-growing companies in recent years.
"His knowledge and skills will be invaluable as we look to expand nationally over the next 12 months."