4 ms·

Maybe you should get a buyer, sell the business and move on to other things. Housing booms or busts don't last long and people often fail to realize the transit

Maybe you should get a buyer, sell the business and move on to other things. Housing booms or busts don't last long and people often fail to realize the transition from one to the other. Education and its financing is about to change as well. Unless you're really passionate about the sector in which case it would be better if you used their marketing infrastructure, thus B2B. With B2C you'll have to compete with Craigslist and lots of other alternatives and competitors and you'll have to spend lots of money in marketing. Of course I could be wrong so please take no offense.

ceeK 14y ago
A fair point. It's mainly just to help students and make money on the side (it's also my CS project). It aims to streamline the whole process of finding a student property rather than actually selling properties themselves (i.e. it links back to the estate agent websites in the end). Think of it as a property comparison service. As such, I'm not particularly concerned about whether booms or busts are happening. I just want to know what would be the right choice in this present case for a student making some side money on a project. Thanks for your input though =)
- dragonbonheur 14y ago
  Since it might be your first commercial project it is best to team up with them and get the maximum you can out of the experience. You can build and profit from other things later.
byoung2 14y ago
Housing booms or busts don't last long and people often fail to realize the transition from one to the other Irrelevant. Whether boom or bust, people still look for housing, especially apartments. He could expand the offering to cover more than just university student housing. For example, I just bought a house in August 2012 (during a down market), and it would have been useful to have a snapshot of the neighborhood (how many grocery stores, gas stations, restaurants within 1 mile, crime, school ratings, etc). I might have paid $20 for a one off report with all this data. He could sell these reports directly to consumers (like carfax does for cars), or sell them to agents (like eBay has on car listings).

ceeK 14y ago

A fair point. It's mainly just to help students and make money on the side (it's also my CS project). It aims to streamline the whole process of finding a student property rather than actually selling properties themselves (i.e. it links back to the estate agent websites in the end). Think of it as a property comparison service. As such, I'm not particularly concerned about whether booms or busts are happening. I just want to know what would be the right choice in this present case for a student making some side money on a project. Thanks for your input though =)

dragonbonheur 14y ago
Since it might be your first commercial project it is best to team up with them and get the maximum you can out of the experience. You can build and profit from other things later.

byoung2 14y ago

Housing booms or busts don't last long and people often fail to realize the transition from one to the other Irrelevant. Whether boom or bust, people still look for housing, especially apartments. He could expand the offering to cover more than just university student housing. For example, I just bought a house in August 2012 (during a down market), and it would have been useful to have a snapshot of the neighborhood (how many grocery stores, gas stations, restaurants within 1 mile, crime, school ratings, etc). I might have paid $20 for a one off report with all this data. He could sell these reports directly to consumers (like carfax does for cars), or sell them to agents (like eBay has on car listings).