The described website is a unique platform within the mortgage industry, offering borrowers real-time quotes from various lenders through innovative chat technology. Established two years ago, this site allows users to engage in live chats with loan officers from banks across the United States. It represents a significant investment in web design and search engine optimization, with visibility on major search engines. The platform reportedly generated substantial revenue, averaging $30,000 monthly in sales with potential to exceed $100,000 with an effective sales team.
The site operates by enrolling mortgage brokers, lenders, and loan officers, who pay between $1,200 and $10,000 to be listed, contributing to significant annual revenue. Upon signing up, these professionals can access live chat leads at any time. The website holds top positions on search engines under specific keywords related to mortgage queries, emphasizing its prominence in the market.
Marketing efforts have included extensive advertising campaigns in Southern California, including a notable presence in supermarkets. Additional revenue is generated through member subscriptions and Adsense, yielding $100 to $200 monthly. Website traffic stems from strategic SEO practices and advertising funded by a portion of membership fees. The site's uniqueness and strategic placement bolster its standing as the leading platform for live mortgage discussions online.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself, or use our new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More