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AppraiserGeneral - Marketplace for Appraisal Services

Shyam Gupta
SSGUPTA Inc, 9E Loockerman Street, Suite 205
Dover, DE 19901
253-660-3057
ssgupta@ssgupta.com

http://www.appraisergeneral.com

A super business model - a niche market, probably the first and the only one in the world - a marketplace for all kinds of appraisal services. Requires no physical delivery of goods, no shipping hassles, no warehousing. Others do the work and you collect the fees. The site is ready for you to start right away.

The service the site provides

AppraiserGeneral.com is a marketplace for all kinds of appraisal services - real estate, art and paintings, jewelry and watches, gems and diamonds, semi-precious stones, industrial machinery and equipment, businesses, coins and collectibles, antiques and rare books, postage stamps, virtual properties like domains and websites or other products with realizable value.

Here Owners (or an interested buyer or seller) and Appraisers can register - free for the time being - either to obtain appraisal services or to provide such services to clients who post their appraisal requirements on the site.

An Owner (or an interested buyer or seller) needing appraisal service, say valuing his/her house for the purpose of selling or getting a mortgage, posts an Appraisal Requirement on the site. Qualified Appraisers seeing this project posted offer their services and submit their bids summarizing their qualifications, proposal and, of course, the price they will charge for their service. The bidding is open for, say, 15 days and after the set bidding period is over - or earlier if the buyer so wishes, the buyer negotiates with and select one or more qualified Appraisers to fulfill his/her service needs. Service and payment terms are mutually discussed and agreed to between the Owner and the Appraiser. On completion of the project both are expected to leave their rating and feedback for each other - the Owner, on the quality and efficiency of the service rendered and the Appraiser, on the co-operation of the buyer and the promptness of payment made. These ratings - positive or ne! gative - keep accumulating for others to see the past performance of the Owner as well as the Appraiser.

On completion of the project, fees as set, is charged by AppraiserGeneral.com - the current fee being 10% payable by Appraisers on the value of projects obtained from using this marketplace. Adequate protection system is built into the site's bidding procedure to prevent direct contact between the Owner and the Appraiser outside of this marketplace before finalizing a deal. After a project is finalized and recorded on the site of having been done so, contact details are made available to the Owner and the winning Appraiser.

The Appraisal Categories for which the site is presently set-up includes:

Real Estate
Art and Paintings
Jewelry and Watches
Gems and Diamonds
Autos and Aircrafts
Industrial Machinery
Running Businesses
Domains and Websites
Antiques and Rare Books
Coins and Collectibles
Postage Stamps
Other Products

These categories were selected after a lot of research and study. The admin part of the site is fully geared to make the category changes as needed. You can add, delete and modify appraisal categories any time you wish.

The domain name

AppraiserGeneral.com - a super domain name and highly brandable. View it either way - the chief or head of all appraisers or just general appraisals, in other words, appraisals for any kind of product or property or asset. A power domain like this will easily be worth in four-figures for the name alone.

The money the site can make

The site makes money by charging the Appraisers 10% of the value of a project obtained through the use of the site's marketplace. Owners post their projects free of cost. However, the admin part of the site allows you to change this percentage as you deem necessary. You may reduce it to 7.5% or may increase it to 12%. You may also selectively do so for certain Appraisers, if you wish. You may as well decide to charge a percentage from Owners for posting projects. Registration for both Owners and Appraisers is set to be free of cost for the time being. You may impose a subscription charge on either of the parties or on both for having the privilege to post/bid for projects. On the other hand, you may offer a cash incentive for registering on the site.

If the business generated via your site is $100,000 a month, at 10% you make a clean $10,000; if the business grows to $200,000, you make $20,000 in a month. Because of a wide range of properties and goods in appraisal categories, project costs are likely to vary widely. Therefore, taking an average appraisal cost would be rather difficult. However, considering the size of the appraisal services market, these figures are highly conservative. You can do your own permutation and combination to check the facts and figures in a pessimistic, realistic and optimistic manner.

Any figure you arrive at, the earnings will be without spending a penny on overheads - you just pay for hosting and domain renewal. Your only meaningful expense will be for marketing and promotion of the site initially. Once the site gets a little popular, viral marketing will set-in. The site, from there onwards, will market itself on its own.

The site's revenue model is totally flexible to set and modify per the demands and exigencies of the market - without going through any expensive modification of the software that runs it. Everything is done via browser based admin function - instantly.

The site comes fully integrated with PayPal and if you so desire, can be additionally integrated with 2CheckOut.com credit card processing gateway. You may even set it up (or withdraw the facility) for accepting and disbursing funds via checks, money orders etc. Additionally, you can set it up for Owners/Appraisers to bear (or not) the cost of PayPal commissions. Rarely someone builds this kind of admin flexibility in their sites.

The site admin features

Browser based Administration Control Panel allows for total control over the entire site:

Create virtually an unlimited types of categories. Control panel lets you change default titles, site colors and information. Site html and e-mail templates are customizable. Allow users to pick only one or several categories. Website fees and charges are completely customizable. Changes in owners', appraisers' and minimum commissions payable. Special incentives for users to sign-up, referrals for other users, featured projects. Savings for special users. Payment and account freezes as well as payment reminder e-mails. Banned usernames, e-mails, and IP addresses. Financial information - for example: deposits, withdrawals and monthly profit reports. Delete accounts, suspend accounts, allocate special status, add/withdraw funds. Refund project commissions for special users or situations. Delete inactive accounts and track last recorded login times. Find and close current projects. E-mail all members promotions and messages. E-mail address confirmation before finishing sign-up process and whenever a member changes it. Set late payment days before the site freezes an account; set number of days allowed for extensions. And many, many more...

Go ahead try the site. Register as an Owner or as an Appraiser and check all the features.

Price = $500.00 USD


 

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