The founder of online estate agency Doorsteps, Akshay Ruparelia, has ‘reluctantly’ resigned his position as CEO of the company effective 30th April.
Ruparelia has been championed by various national media and TV outlets as an extraordinary example of entrepreneurship in the UK after starting the company up in 2016 aged just 17 years old.
“Through the hard work and dedication of my entire team, the company has been one of the fastest growing estate agencies in the UK,” he says.
“Today the company employs over 50 brilliant staff, has sold over £1bn worth of properties, saved customers over £11m in fees, hit over £2m in sales and become profitable.
“It is however time for a change. My fellow director and I do not share the same strategic vision for the company’s growth, and I have therefore taken the decision to move onto new ventures. The remaining director will be moving the business forward as they see fit.”
Come to an end
“Although my journey at Doorststeps has come to an end, the company will always be in my heart, and I maintain an absolute belief – as I did when I was 17 – that the future for estate agents is in a technology-based, people-focussed model.
“I would like to wholeheartedly thank the staff, investors and partners that have joined me on this journey, and I wish the remaining director the best of luck with their future ambitions.”
Rumours about the company’s financial performance have been swirling since January, when Doorsteps told The Negotiator it would be release an update ‘soon’ but this never materialised.
Ruparelia says he is now looking to work on several new charitable and business projects.