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A digital real estate agency that controls the quality of processes centrally, reduces costs for its clients and eliminates the inefficiencies of traditional real estate agencies
4x revenue in 2 years for €2.5M in sales
Scalable model: 2000+ municipalities covered
€65M+ of GMV in the first 2.5 years and 1600+ exclusive mandates
25+ software developed to digitize and optimize processes
min: 1.200.000 €
max: 1.699.998 €
Founded at the end of 2018 by a group of managers and entrepreneurs, Dove.it was born with the aim of redefining the real estate buying and selling experience and bringing transparency to a still nebulous sector. Thanks to the use of technology and the best agents on the territory Dove.it has been able to zero costs for those who want to sell their home and guarantee maximum transparency and efficiency for those who want to buy.
The Italian real estate market is huge (€89B transacted in 2020 for a total of €3 billion in commissions; SOURCE: OMI data) but notoriously fragmented and inefficient. Dove.it solves these problems in 3 ways:
The company has developed over 25 proprietary softwares that support the activities from the first contact with the potential seller to the actual deed. The internal management system allows for granular control of any buying or selling process:
In 2020, despite the epidemic of Covid-19 and a contraction of the residential real estate market by 8% (SOURCE: Agenzia delle Entrate), Dove.it recorded a 146% growth in revenues (vs 2019) and an increase in the number of properties brokered of 116%.
In less than three years it has acquired more than 1,600 exclusive properties going to decrease the average time of sale (2.4 months -63% vs national average). The company has managed to cover more than 50 provinces , guaranteeing the physical presence of expert agents in the area and transacting properties for a total value of over €65M. The year 2021 is expected to be another year of growth with a turnover estimated to exceed €1.4M.
This investment round will further differentiate the strategy by continuing to invest in technology and digitization processes. Dove.it also wants to continue to improve the home buying experience by increasing the range of services offered and the presence of agents on the territory.
© 2022 SiamoSoci Srl a company of Azimut Group - VAT number IT07464370969 - Via Timavo 34, 20124 MI - SC € 87.248,12 fully paid up - Registr. 8, resolution 19002 of 06/08/14