We have developed a service called Bidonmyhouse which will be found by www.bidonmyhouse.com shortly.

This is an online auction/bidding service for property selling and buying but also combining the very best of online estate agency.

We have been regulated by the RICS and have obtained SEIS status. The service has also been discussed with HMRC and they confirmed our system complies with the CPR.

The websites and systems have been developed by the main IT company behind auction.com which is the worlds largest online auction provider in America. They recently sold 4% of their business after 3 years online to Google for $50m. Our system is more advanced and has been designed to allow for International use.

We have an office opening in LA in a few months but already have interest from around the world. The Super Administration of the system has been designed to monitor and control all activities from both within the UK but also around the world.

Our primary focus is however dominating the UK market and we already have a significant number of agents wanting to become agent members of our service. We do however have a lot of individuals wanting to join our system as independent agents who will have a service totally unique to the market.

We own all our software and both the domain names .com and .co.uk but also other similar domain names to protect our brand.

We have started to build the team behind Bidonmyhouse with highly motivated and experienced professionals from both corporate and entrepreneurial backgrounds.

Our system is also designed to give high levels of automation to keep running costs to a minimum with the worldwide operation theoretically being controlled by a single laptop.

It is worth mentioning during trials in the UK we were achieving 10% of the total rightmove hits on searches which has never been done before.

We are currently seeking some equity investment to ensure we roll out the service in an efficient and manageable manner as we have always envisaged an exit strategy after 5 years.

If you feel this opportunity is of interest to your company please let me know.