The company's network has surpassed 3,000 decision makers
from over 2,000 pre-vetted GP investment firms actively seeking
nationwide opportunities across all asset classes.
BOCA
RATON, Fla., June 27,
2024 /PRNewswire/ -- REItrades, the pioneering
digital marketplace for direct/broker-less commercial real estate
investment sales, has reached a major milestone. The company's
network now includes over 3,000 decision makers from more than
2,000 national and regional investment organizations (GP investors)
that meet strict criteria in order to join. This exclusive
proprietary network comprises sophisticated buyers with in-house
expertise to handle transactions directly, bypassing the need for
brokers, and providing sellers direct access to the largest pool of
pre-vetted buyers in every asset class and US region.
Unlike other online CRE marketplaces mainly geared towards
brokers and smaller deals (independent investors), REItrades does
not allow intermediaries and targets mid-market and institutional
sales ($10M+) suitable for investment organizations. Traditionally,
the process of choosing a broker, negotiating listing agreements,
creating marketing materials, promoting the asset, and then
reaching and filtering qualified buyers/offers can take well over
60 days. On REItrades, sellers can get all of that accomplished in
one day. Moreover, by eliminating intermediaries, REItrades offers
a direct connection between sellers and buyers. This direct
approach not only enhances transparency and trust but also
significantly speeds up due diligence and lowers transaction costs
by bypassing expensive brokerage fees.
When a high-value property ($10M+) is listed on the market and
other online platforms, it may reach millions of views, but mostly
from brokers and independent investors. Only a small percentage of
those views come from actual accredited buyers, and even fewer
based on the asset class and US region they are active in. Often,
the listing gets lost among hundreds of others, reaching only a
small number of actual qualified buyers. When a property is listed
on REItrades, sellers can rest assured that it will be exposed only
to the most qualified buyers active in the space.
REItrades' unmatched network continues to grow rapidly as buyers
rush to gain access to exclusive opportunities. The goal is to
provide sellers maximum exposure of their assets to this small
niche of buyers in the most engaging manner. To join REItrades as a
buyer, investors must have a minimum of $50M in assets under management. This vetting
process ensures that assets are only exposed to highly experienced
investors, most of whom have completed numerous direct deals
without brokers. Additionally, the platform's ability to generate
state-of-the-art marketing materials (teasers and offering
memorandums), as well as the integration with NDAs and
E-signatures, provides a seamless and highly effective marketing
process.
The direct deal structure is a growing trend in the commercial
real estate space, especially given the access to new technologies
and automated digital platforms that perform tasks previously
requiring costly third-party service providers. By offering this
highly attractive deal structure to buyers (direct to sellers),
REItrades also makes listings significantly more appealing, often
leading to premium offers. Leveraging REItrades enables sellers to
achieve the highest possible sales price at a fraction of the cost
and time required by traditional methods.
In the current challenging environment in commercial real
estate, it is essential to have in-house expertise to adopt and
leverage all the new technologies that are reshaping how every
business operation is handled, leading to more efficient,
transparent, and cost-effective solutions. REItrades is at the
forefront of this revolution, offering an up-to-date alternative to
commercial real estate investment sales.
Visit Reitrades' website
at www.reitrades.com to apply to join or list a
property for sale.
Media contact:
Reitrades Team
407-369-1756
379732@email4pr.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/reitrades-gateway-to-the-most-sophisticated-network-of-commercial-real-estate-investment-organizations-302184058.html
SOURCE Reitrades