11. What are my fees towards ZoWy, and how ZoWy is making money? - ZoWy

What are my fees towards ZoWy, and how ZoWy is making money?

Agenda:

  • • What are ZoWy fees?
  • • How much do I pay and who?
  • • How ZoWy is making money?

ZoWy is a technology platform designed to advertise property for tenant buyers.


  • ZoWy is making money by:
    Charging estate agents for placing properties for sale on the portal. The amount varies depending on the estate agent and the property.

    Tenant‐buyers do not pay for ZoWy service of finding the property. However, they are required to pay for the legal work for their benefit.

ZoWy platform services are free of charge to use for tenant‐buyers and landlords. That includes the registration, Rent‐to‐Own knowledge bank and other services.

Currently, ZoWy is working only with a few chosen estate agents. We have a set Recommended Retail Price RRP of the services selected for each estate agent. The price includes legal and contracts preparations, marketing, and customer service fee for the whole Rent‐to‐Own period until the completion of the purchase. The cost is payable at the outset and deducted from the deposit paid.

Tenant‐buyers do not pay anything to the letting agent apart from property services used ‐ service charge, ground rent, home insurance etc. The only fee required is to cover legal aspects of the service. It is preparing a Lease Purchase Agreement and any other paperwork and liaising with the solicitor dealing with the arrangement of purchase of the property. The typical legal fee is £1995 plus VAT. It is payable at the start of the Rent‐to‐Own agreement.

ZoWy aims to be the number one Rent‐to‐Own portal in the UK. The plan is to include other countries relatively quickly. The following countries on our radar are Portugal, UAE, and Malta. The income is straightforward as it comes from estate agents placing properties on the portal. The company expenses are typical for most technology firms, with IT and marketing being the most significant.

Further reading:

What are my fees towards ZoWy, and how ZoWy is making money?

Agenda:

  • • What are ZoWy fees?
  • • How much do I pay and who?
  • • How ZoWy is making money?


ZoWy is a technology platform designed to advertise property for tenant buyers.


  • ZoWy is making money by:
    Charging estate agents for placing properties for sale on the portal. The amount varies depending on the estate agent and the property.

    Tenant‐buyers do not pay for ZoWy service of finding the property. However, they are required to pay for the legal work for their benefit.
ZoWy platform services are free of charge to use for tenant‐buyers and landlords. That includes the registration, Rent‐to‐Own knowledge bank and other services.

Currently, ZoWy is working only with a few chosen estate agents. We have a set Recommended Retail Price RRP of the services selected for each estate agent. The price includes legal and contracts preparations, marketing, and customer service fee for the whole Rent‐to‐Own period until the completion of the purchase. The cost is payable at the outset and deducted from the deposit paid.

Tenant‐buyers do not pay anything to the letting agent apart from property services used ‐ service charge, ground rent, home insurance etc. The only fee required is to cover legal aspects of the service. It is preparing a Lease Purchase Agreement and any other paperwork and liaising with the solicitor dealing with the arrangement of purchase of the property. The typical legal fee is £1995 plus VAT. It is payable at the start of the Rent‐to‐Own agreement.

ZoWy aims to be the number one Rent‐to‐Own portal in the UK. The plan is to include other countries relatively quickly. The following countries on our radar are Portugal, UAE, and Malta. The income is straightforward as it comes from estate agents placing properties on the portal. The company expenses are typical for most technology firms, with IT and marketing being the most significant.

Further reading:

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