{"data":{"type":"company_profile","id":53176,"entity_id":"wefunder:company:53176","attributes":{"canonical_url":"https://wefunder.com/next.door.photos","generated_at":"2026-06-11T15:46:53Z","updated_at":"2026-06-11T05:00:15Z","entity_ids":{"company":"wefunder:company:53176","slug":"wefunder:company_slug:next.door.photos"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-11T15:46:53Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-11T05:00:15Z","as_of":"2026-06-11T15:46:53Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-11T05:00:15Z","as_of":"2026-06-11T15:46:53Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-11T15:46:53Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-11T15:46:53Z","confidence":"medium"}}},"company":{"id":53176,"entity_id":"wefunder:company:53176","slug":"next.door.photos","name":"Next Door Photos","tagline":"Real Estate Photography Capitalizing on Industry Shift Towards Virtual Tours","elevator_pitch":"Next Door Photos (NDP) is a rapidly growing real estate marketing company that partners with entrepreneurs to create businesses that serve realtors locally, while providing sustainable jobs for vulnerable, rescued, and underserved populations globally. NDP has 300+ editing teammates in the Philippines, Kenya, and Nepal that supply\u0026nbsp;40+ locations in North America.","story":"Technology is completely disrupting the greater real estate industry--creating a much more efficient home buying and selling experience:\u0026nbsp; \u0026nbsp;-\u0026nbsp;Get pre-approved for a mortgage in 5 minutes or less with Rocket Mortgage\u0026nbsp; \u0026nbsp;- Get an instant offer to purchase your home with a click of a button from Opendoor\u0026nbsp; \u0026nbsp;- Quickly find your next home through a customized search on ZillowDespite these advancements, it still takes realtors 5-7 days--on average, to schedule a shoot and receive completed media after the shoot. Realtors waste too much time and money waiting for the photos they need to publish their listings.Introducing Next Door PhotosCo-founders Paul Vander Kuyl (an engineer)\u0026nbsp;and Taylor Blom (a real estate photographer) created\u0026nbsp;Next Door Photos (NDP)\u0026nbsp;in October, 2015 to\u0026nbsp;help realtors publish listings faster--saving them time and money. They created a unique business model\u0026nbsp;where NDP (the parent company)\u0026nbsp;partners with local owner/operators who provide real estate marketing services to their local communities. All\u0026nbsp;powered by an enterprise platform with global editing operations. Listings are photographed next day and edited with a 12-hour turnaround.Upending an IndustryThis combination of an local owner powered by an enterprise platform started to gain traction quickly when the first 3 locations launched\u0026nbsp;in the spring of 2016. By the end of 2017 the leadership team started to get\u0026nbsp;built out team and they had launched into 12 markets. Local Owners were building relationships with realtors in their communities and partnerships with larger real estate companies (Redfin, Berkshire Hathaway of MI/IN) started to develop\u0026nbsp;as the footprint grew.The Right Place at the Right TimeAs they continued to grow, the adoption rate of professional listing media continued to increase led by consumer demand. By the close of 2018 they were operating in 28 markets (including our launch into Canada) and grew a team of over 100 photographers (media pros)\u0026nbsp;assisting Local Owners.\u0026nbsp;\u0026nbsp;Bringing it All TogetherBy the end of 2019, they had proven out the scalable platform, Local Ownership model, and client acquisition strategy. They brought on 3 Regional Directors to assist the Director of Expansion in recruiting new Local Owners which will help the organization launch 40 locations in 2020 (and every year thereafter)A Lot can Happen in 4 Years","website":"https://www.nextdoorphotos.com","total_amount_raised":508754,"total_investors":262,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/next.door.photos","https://www.nextdoorphotos.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/53176/xxl_cropped_iStock-886308634-1.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/53176/large_cropped_NextdoorPhotos-03_copy.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/53176/standard_cropped_iStock-886308634-1.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/53176/standard_cropped_iStock-886308634-1.jpg"},"links":{"company_url":"https://www.nextdoorphotos.com"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"RECENT GROWTH - Past 6 weeks average revenue per order up 38% as COVID pushes virtual tour add-ons"},{"index":2,"claim_id":"claim-fact-2","value":"PROVEN TRACTION - 2019 revenue of $2.06M with revenue doubling YoY for 4 consecutive years."},{"index":3,"claim_id":"claim-fact-3","value":"VERIFIED IMPACT -\u0026nbsp;NDP is a Certified B Corp that verifies their commitment to social and environmental sustainability."},{"index":4,"claim_id":"claim-fact-4","value":"PROVEN MODEL - NDP partners with entrepreneurs through a shared ownership model to launch locations that can grow to $1M revenue in 7 years"},{"index":5,"claim_id":"claim-fact-5","value":"GLOBAL GROWTH - NDP has 300+ editing partners in the Philippines, Kenya, and Nepal that supply 40+ locations in North America"},{"index":6,"claim_id":"claim-fact-6","value":"LEAD INVESTOR - Raging Bull invested $100k on the same terms"},{"index":7,"claim_id":"claim-fact-7","value":"SCALABLE PLATFORM - NDP executed 27,000+ photo shoots in 2019, editing an average of 72,000 photos per month."}],"team":[{"id":820509,"entity_id":"wefunder:company_role:820509","user_entity_id":"wefunder:user:494551","role":"founder","name":"Paul VanderKuyl","title":"Co-Founder \u0026 CEO","bio":"\u0026gt; 20+ years in leadership roles in manufacturing organizations \u0026gt; Specializes in systems, workflow development and scaling businesses \u0026gt; Mechanical Engineering Degree","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/820509/square_cropped_DSC06382.jpg?1697567604","profile_url":"https://wefunder.com/paulvanderkuyl","linkedin_url":"https://www.linkedin.com/in/paul-vander-kuyl-1b67288/","related_urls":["https://wefunder.com/paulvanderkuyl"]},{"id":826426,"entity_id":"wefunder:company_role:826426","user_entity_id":"wefunder:user:455467","role":"founder","name":"Taylor Blom","title":"Co-Founder \u0026 CRO","bio":"\u0026gt; 8+ years leading Real Estate Photography companies \u0026gt; Specializes in sales, marketing, and creating healthy culture \u0026gt; Communications Degree","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/826426/square_cropped_Taylor_Blom_4.jpg?1581283908","profile_url":"https://wefunder.com/taylorblom","personal_url":"http://www.nextdoorphotos.com","linkedin_url":"https://www.linkedin.com/in/taylorblom/","related_urls":["https://wefunder.com/taylorblom","http://www.nextdoorphotos.com"]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":8,"ask_questions":40,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":29940,"entity_id":"wefunder:fundraise:29940","state":"successful","offering_type":"506(c)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":250000.0,"funding_started_at":"2020-04-15T23:25:19Z","funding_closed_at":"2020-04-15T23:25:20Z"},{"id":29209,"entity_id":"wefunder:fundraise:29209","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":500,"max_purchase":9,"funding_target":100000.0,"funding_started_at":"2020-03-18T22:31:03Z","funding_closed_at":"2020-04-30T05:02:50Z","auto_close_at":"2020-04-30T03:59:59Z"}],"latest_fundraise":{"id":29940,"entity_id":"wefunder:fundraise:29940","state":"successful","offering_type":"506(c)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2020-04-15T23:25:19Z","funding_closed_at":"2020-04-15T23:25:20Z","terms":{"eb":null,"nb":"$10M","txt":"pre-money valuation"}},"recent_posts":[{"id":133542,"entity_id":"wefunder:feed_item:133542","type":"FeedItem::Update","visibility":"public","title":"Funding round maxed out!","preview":"I'm thrilled to let you all know that we cleared our goal of $500k just as the clock struck midnight (EST)\u0026nbsp;Wednesday night!! Thank you to everyone who rallied to help us max out this round!We're still working with the Wefunder team to sort out some of the final details (investment increases that are still 'pending', transferring funds, legal docs, etc.) and we will be in touch shortly with next steps.\u0026nbsp;This could not have happened without your support and we are so excited to have su...","published_at":"2020-05-01T15:07:21Z","author_name":"Taylor Blom","url":"/feed/133542","canonical_url":"https://wefunder.com/feed/133542"},{"id":133468,"entity_id":"wefunder:feed_item:133468","type":"FeedItem::Update","visibility":"public","title":"The Last Update!","preview":"In just over 6\u0026nbsp;hours our campaign will be in the books! As of this writing we are sitting just below $462k PLUS and additional ~$19k of increased commitments that haven't posted on our page yet.\u0026nbsp;That means we have less than $20k to go to max out this raise!\u0026nbsp;We would absolutely love to close this round out and we\u0026nbsp;can't tell you how much we appreciate all of you who continue to\u0026nbsp;increase your investments and shared this opportunity with others.\u0026nbsp;Can you help us close...","published_at":"2020-04-29T22:00:51Z","author_name":"Taylor Blom","url":"/feed/133468","canonical_url":"https://wefunder.com/feed/133468"},{"id":133423,"entity_id":"wefunder:feed_item:133423","type":"FeedItem::Update","visibility":"public","title":"The Final Countdown!","preview":"NDP Investors (and future investors),\u0026nbsp;Wow, what a crazy ride! We didn't know how this round was going to go as we launched in the face of a pandemic--but we're so glad to be over 90% funded! Thank you!We are so close to reaching our goal and we would absolutely love nothing better than to have our campaign fully maxed out as we prepare for some big media exposure. As some of you know, we've had some really exciting conversations\u0026nbsp;this past week and feel incredibly optimistic about ou...","published_at":"2020-04-28T20:55:33Z","author_name":"Taylor Blom","url":"/feed/133423","canonical_url":"https://wefunder.com/feed/133423"},{"id":133196,"entity_id":"wefunder:feed_item:133196","type":"FeedItem::Update","visibility":"public","title":"Startupcamp Podcast now live!","preview":"Hey investor team,Chris Graebe from Startupcamp interviewed Paul and I about the founding story of Next Door Photos and it was released yesterday! Click this link here to listen to how the business came to be and how it's changed over the past 4 yearshttps://podcasts.apple.com/us/podcast/heeding-call-to-partner-people-next-door-photos/id955266865?i=...With 7 days left in our campaign, we'll be sending out additional updates as we get closer to our goal.\u0026nbsp;Stay healthy and talk soon!","published_at":"2020-04-22T19:16:51Z","author_name":"Taylor Blom","url":"/feed/133196","canonical_url":"https://wefunder.com/feed/133196"},{"id":132698,"entity_id":"wefunder:feed_item:132698","type":"FeedItem::Update","visibility":"public","title":"3 quick highlights","preview":"/89b64489ff","published_at":"2020-04-20T19:52:46Z","author_name":"Taylor Blom","url":"/feed/132698","canonical_url":"https://wefunder.com/feed/132698"},{"id":132301,"entity_id":"wefunder:feed_item:132301","type":"FeedItem::Update","visibility":"public","title":"Up and to the right","preview":"While the spread of COVID-19 has triggered a decrease\u0026nbsp;in the overall number of shoots we're executing on a daily basis, our revenue per order is up significantly from our historical model. To comply with social distancing and safety\u0026nbsp;measures, realtors are adding on 3D models, video tours, and floor plans (in addition to photos)\u0026nbsp;to help create 'Virtual Tours' while in-person showings and open houses are not taking place. We are very encouraged by this trend as the greater real e...","published_at":"2020-04-02T17:17:59Z","author_name":"Taylor Blom","url":"/feed/132301","canonical_url":"https://wefunder.com/feed/132301"},{"id":131973,"entity_id":"wefunder:feed_item:131973","type":"FeedItem::Update","visibility":"public","title":"Quick COVID-19 update","preview":"/79ad414808","published_at":"2020-03-27T17:12:31Z","author_name":"Taylor Blom","url":"/feed/131973","canonical_url":"https://wefunder.com/feed/131973"},{"id":128199,"entity_id":"wefunder:feed_item:128199","type":"FeedItem::Update","visibility":"public","title":"Breaking records","preview":"Despite the significant challenges and the\u0026nbsp;uncertainty that the spreading Coronavirus is currently creating in our word, today's sales update makes this week\u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp; \u0026nbsp;\u0026nbsp;the highest sales week in the history of Next Door Photos.\u0026nbsp;We do not know all that the future will bring, but we've seen a significant increase in our revenue per order recently as realtors move away from hosting in-person open...","published_at":"2020-03-20T15:21:55Z","author_name":"Taylor Blom","url":"/feed/128199","canonical_url":"https://wefunder.com/feed/128199"}],"q_and_a":[{"id":83231,"entity_id":"wefunder:comment:83231","question":"Why doesn’t realtors take photos themselves? Does next door photos participate in other industries (weddings, etc)? Is next door a franchise?","author_name":"Kevin Brown","votes":2,"created_at":"2020-03-20T05:19:46Z","canonical_url":"https://wefunder.com/next.door.photos#question-83231","answers":[{"id":83264,"entity_id":"wefunder:comment:83264","answer":"Hi Kevin! Realtors usually do not take their own photos for a couple of reasons 1) They are not professionally trained photographers or editors. Every hour of shooting requires 3-4 hours of editing and requires significant knowledge in complex editing software. 2) (Successful) realtors know their time is much more valuable spent on networking to find new buyers \u0026amp; sellers. 3) With the advent of consumer-facing search portals (Zillow, Realtor.com, etc.) buyers and sellers have come to expect professional listing media that very few realtors know how to provide. At the moment, NDP's focus is on the greater real estate industry (residential, commercial, new construction, multi-family, etc.) but our Nation-wide network of media capturers could be utilized with other verticals. NDP is not a franchise. We partner with Local Owner/Operators to create joint venture LLC's in each of the markets we launch in. Thx!","author_name":"Taylor Blom","votes":1,"created_at":"2020-03-20T13:09:11Z"}]},{"id":84955,"entity_id":"wefunder:comment:84955","question":"1.Do you have 2019 financial statements available? 2. \"As owner of 51% of other locations (known as Next Door Photos, LLC), the Company recognized losses of $132,465 and $4,208 in 2018 and 2017 respectively. See Note A for further reference.\" What exactly does 3DMIA, LLC own? And how does 3DMIA, LLC generate revenue?","author_name":"Stephen Baker","votes":1,"created_at":"2020-04-04T22:32:20Z","canonical_url":"https://wefunder.com/next.door.photos#question-84955","answers":[{"id":85190,"entity_id":"wefunder:comment:85190","answer":"Hi Stephen--thanks for the questions. We do not yet have 2019 financials available yet, no. 3DMia owns 51% of each local NDP. 3DMia generates revenue through a top-line processing fee, profit sharing (distributions) as well as launch fee income when we open a new locations (most of these funds go directly to help covering the costs of launching a new location).","author_name":"Taylor Blom","votes":0,"created_at":"2020-04-07T12:45:15Z"}]},{"id":260618,"entity_id":"wefunder:comment:260618","question":"where do i resign the contract","author_name":"Michael Bushilla","votes":0,"created_at":"2023-08-30T02:14:50Z","canonical_url":"https://wefunder.com/next.door.photos#question-260618","answers":[]},{"id":260617,"entity_id":"wefunder:comment:260617","question":"where do i resign the contrct there is no where to do that here","author_name":"Michael Bushilla","votes":0,"created_at":"2023-08-30T02:14:22Z","canonical_url":"https://wefunder.com/next.door.photos#question-260617","answers":[]},{"id":217190,"entity_id":"wefunder:comment:217190","question":"Hi Taylor, I'm going through my Angel Investments and looking for current updates and I haven’t seen anything posted from you since 2020. I was hoping you could take a couple minutes and let us know how things are going and what's on the horizon. I believe an update on current status and future goals is not much to ask for. Thanks in advance!!","author_name":"Gary Tirohn","votes":0,"created_at":"2022-09-01T01:44:45Z","canonical_url":"https://wefunder.com/next.door.photos#question-217190","answers":[]},{"id":212755,"entity_id":"wefunder:comment:212755","question":"Any updates for investors? I have not seen any email or communication from NextDoorPhotos for well over a year. Is the company still alive post covid?","author_name":"Rahul Patel","votes":0,"created_at":"2022-07-26T18:43:20Z","canonical_url":"https://wefunder.com/next.door.photos#question-212755","answers":[]},{"id":203329,"entity_id":"wefunder:comment:203329","question":"Can you post an update on the status of Next Door Photos?","author_name":"Kenneth PROPP","votes":0,"created_at":"2022-04-28T19:22:06Z","canonical_url":"https://wefunder.com/next.door.photos#question-203329","answers":[]},{"id":189361,"entity_id":"wefunder:comment:189361","question":"Is it possible to sell what we invested? Or get our money out that we invested?","author_name":"Pat Fynewever","votes":0,"created_at":"2022-01-21T14:00:35Z","canonical_url":"https://wefunder.com/next.door.photos#question-189361","answers":[]},{"id":183295,"entity_id":"wefunder:comment:183295","question":"Hi Taylor, I'm going through my Angel Investments and looking for current updates. We haven't heard from you in awhile and I was hoping you could take a couple minutes and let us know how things are going and what's on the horizon. Thanks!!","author_name":"Gary Tirohn","votes":0,"created_at":"2021-12-10T13:08:36Z","canonical_url":"https://wefunder.com/next.door.photos#question-183295","answers":[]},{"id":143549,"entity_id":"wefunder:comment:143549","question":"Have not seen or heard any update in months....what is NDP doing if anything. Please update!","author_name":"Kevin Switzer","votes":0,"created_at":"2021-04-21T00:31:27Z","canonical_url":"https://wefunder.com/next.door.photos#question-143549","answers":[]},{"id":134048,"entity_id":"wefunder:comment:134048","question":"I have not seen an update in 12 months. Where can we read about progress?","author_name":"Gregory J Wong","votes":0,"created_at":"2021-03-09T02:39:04Z","canonical_url":"https://wefunder.com/next.door.photos#question-134048","answers":[]},{"id":126970,"entity_id":"wefunder:comment:126970","question":"Can your team provide an informal update how everything has been progressing in the past few months?","author_name":"Tyler Jelonek","votes":0,"created_at":"2021-01-28T17:25:53Z","canonical_url":"https://wefunder.com/next.door.photos#question-126970","answers":[]},{"id":104185,"entity_id":"wefunder:comment:104185","question":"Can your team provide an informal update how everything has been progressing in the past few months?","author_name":"Tyler Jelonek","votes":0,"created_at":"2020-08-28T18:08:42Z","canonical_url":"https://wefunder.com/next.door.photos#question-104185","answers":[]},{"id":96427,"entity_id":"wefunder:comment:96427","question":"Hi - Will there be another equity crowdfunding investing opportunity soon? I hate that I missed out on the first raise.","author_name":"Raymond Hooks III","votes":0,"created_at":"2020-07-03T16:07:32Z","canonical_url":"https://wefunder.com/next.door.photos#question-96427","answers":[{"id":97702,"entity_id":"wefunder:comment:97702","answer":"Hi Raymond--thanks for the inquiry. We're not planning any additional fundraising rounds at the moment but we will be sure to reach out directly if we do. Thanks!","author_name":"Taylor Blom","votes":0,"created_at":"2020-07-13T11:01:48Z"}]},{"id":93556,"entity_id":"wefunder:comment:93556","question":"Taylor,. I' m impressed and part of boardroom. Will further round be opening as interested in investing.","author_name":"Stacy L Edwards","votes":0,"created_at":"2020-06-14T22:13:24Z","canonical_url":"https://wefunder.com/next.door.photos#question-93556","answers":[]},{"id":92935,"entity_id":"wefunder:comment:92935","question":"Interested in investing. ..will round be opening up\u0026nbsp; soon ? Regards","author_name":"Stacy L Edwards","votes":0,"created_at":"2020-06-10T09:58:47Z","canonical_url":"https://wefunder.com/next.door.photos#question-92935","answers":[]},{"id":92934,"entity_id":"wefunder:comment:92934","author_name":"Stacy L Edwards","votes":0,"created_at":"2020-06-10T09:56:04Z","canonical_url":"https://wefunder.com/next.door.photos#question-92934","answers":[]},{"id":92933,"entity_id":"wefunder:comment:92933","question":"InTeresa ed in investinfg","author_name":"Stacy L Edwards","votes":0,"created_at":"2020-06-10T09:54:45Z","canonical_url":"https://wefunder.com/next.door.photos#question-92933","answers":[]},{"id":89546,"entity_id":"wefunder:comment:89546","question":"I tried resign the contract but it would not let me! So How do I resign the contract now?","author_name":"Michael Bushilla","votes":0,"created_at":"2020-05-09T18:29:25Z","canonical_url":"https://wefunder.com/next.door.photos#question-89546","answers":[]},{"id":89541,"entity_id":"wefunder:comment:89541","question":"I have invested already, but received notice that I missed the $8 per share round. The email has a link to review updated contract, but when I click on the link it just takes me to the homepage and i don’t see the option to review and sign anywhere. I still wish to invest, so how do I do that?","author_name":"Jeff Hall","votes":0,"created_at":"2020-05-09T14:42:10Z","canonical_url":"https://wefunder.com/next.door.photos#question-89541","answers":[]},{"id":89484,"entity_id":"wefunder:comment:89484","question":"How do I 'resign' the contract? Where do I find the online contract?","author_name":"Jerome Espinosa Baladad","votes":0,"created_at":"2020-05-08T20:59:02Z","canonical_url":"https://wefunder.com/next.door.photos#question-89484","answers":[]},{"id":88596,"entity_id":"wefunder:comment:88596","question":"Is it Still open for investment? I don't see where to enter my info","author_name":"Tom Canecchia","votes":0,"created_at":"2020-05-01T14:32:26Z","canonical_url":"https://wefunder.com/next.door.photos#question-88596","answers":[]},{"id":88593,"entity_id":"wefunder:comment:88593","question":"where do i go to investwhere do i go to invest","author_name":"Samuel Spain","votes":0,"created_at":"2020-05-01T14:16:28Z","canonical_url":"https://wefunder.com/next.door.photos#question-88593","answers":[]},{"id":88116,"entity_id":"wefunder:comment:88116","question":"Has the limit for the $8M pre-money been raised? I am looking to invest, but I want to do it at $8M pre-money.","author_name":"Francis Harrington","votes":0,"created_at":"2020-04-29T15:22:15Z","canonical_url":"https://wefunder.com/next.door.photos#question-88116","answers":[{"id":88129,"entity_id":"wefunder:comment:88129","answer":"I apologize Francis, we closed out the early bird $8M pre-money valuation when we cleared the $400,000 threshold. We would still love for you to be a part of the investor team!","author_name":"Taylor Blom","votes":0,"created_at":"2020-04-29T16:56:04Z"}]},{"id":88024,"entity_id":"wefunder:comment:88024","question":"How are you gaining independent operators? By territory? Franchise fee? I am in the San Francisco Bay Area and may be intersted in partnering with you. Kathy Pomeroy kpomeroy@kw.com 831-601-8249","author_name":"Kathy Pomeroy","votes":0,"created_at":"2020-04-28T22:09:08Z","canonical_url":"https://wefunder.com/next.door.photos#question-88024","answers":[]}],"faq":[{"question":"How do I sign \u0026amp; return documents","answer":"Hey Ralph! We'll be sending along the documents to sign electronically and should have more information on that for you soon. Thx!"},{"question":"Why doesn’t realtors take photos themselves? Does next door photos participate in other industries (weddings, etc)? Is next door a franchise?","answer":"Hi Kevin! Realtors usually do not take their own photos for a couple of reasons 1) They are not professionally trained photographers or editors. Every hour of shooting requires 3-4 hours of editing and requires significant knowledge in complex editing software. 2) (Successful) realtors know their time is much more valuable spent on networking to find new buyers \u0026amp; sellers. 3) With the advent of consumer-facing search portals (Zillow, Realtor.com, etc.) buyers and sellers have come to expec..."},{"question":"Hi, congratulations on your success so far, and thank you for being a B Corp. The concept seems solid. I have some questions: First, with regard to financial, in one place you say 2019 revenue was around 2 million, and in another you say 4.75M. Can you clear that up? Second, y...","answer":"Hi Alan! Thanks for the kind words. Our top-line revenue from all NDP locations was $4.75M in 2019 and the revenue coming to the parent company was $2M. Our model does show profitability taking place in Q2 of this year, yes. The 12-month runway comment was a system default that we'll look at updating--thanks for helping us clear that up. Many of our Local Owners do not have photography backgrounds and would struggle to really scale this type of business without the services and resources the ..."},{"question":"Hi. What are your revenue goals (not projections) for the next 5 years? Also, why such a high minimum investment amount? It will prevent a lot of interested people from investing. You'll raise a lot faster with a lower minimum (maybe $200) and investors that can afford it will...","answer":"Hi Leonardo, The projections are on the last side of the NDP Deck download in the About section as you may have already seen. Projections and goals are similar language for us. Also, we kept the investment amount higher because this is an equity opportunity and involves periodic distributions. Thanks for the questions!"},{"question":"A few questions: 1. Your G\u0026amp;A expenses double between 2017 and 2018, do you expect the G\u0026amp;A cost to continue to double each year? 2. When do you expect to become profitable? 3. What was your valuation during your 2018 raise? Thanks","answer":"Hey Mark! 1. 2017-2019 was a leadership/platform building time period for the team and resulted in a doubling of G\u0026amp;A in 2017 and 2018. Those added roles/platform investments scale significantly and only incrementally increase compared to sales so the expenses do not double. Another factor is that as the already launched NDP Locations will be maturing into a profit share position in the coming months, increasing the top line without increasing the expenses. 2. 2020 is projected to be profi..."}]}}}