The iProperty Company seeks fresh investment

With a growing number of house hunters now starting their property search online, more internet savvy vendors are turning their backs on traditional high street estate agents as they seek alternative ways of selling property, it has been claimed. John Candia (left), CEO of the iProperty Company, the private sales portal which offers consumers the ability to buy, sell or rent property without having to pay commission or any fixed fee, said: “There is growing interest in online property options and it is clear that consumers are increasingly turning away from the traditional way of selling property.” The iProperty Company, which is supported by Barratt Homes, Persimmon and Taylor Wimpey, along with other big property firms, has announced a fresh £2.5 million investment drive to fund its future expansion following a successful launch six months ago. The firm is seeking £500,000 via the crowdfunding site Seedrs.com and £2 million via traditional venture capital. The company has a valuation of around £8 million. “Seedrs was an important part of our investment strategy because we want to offer everyone, especially our community of users, the opportunity to invest directly and earn a share in our future profits,” Candia added. “2015 will be…

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