How it Works
Learn about our iBuyer Process
Point Acquisitions leverages technology and data to make offers faster than a traditional broker. Our tools allow for near-instantaneous research and underwriting - all tasks that could normally take weeks, or even months, to manage.
Our Convenient iBuyer Process
Whether you’re selling your retail space, office building, industrial property, land, commercial space, or multifamily apartments, Point Acquisitions is here to simplify the process.
Provide some brief information about your property's condition and a few other details.
We review pictures, P&L, condition, any environmental issues, and any previous listing.
If the property fits our acquisition strategy, we submit a Letter of Intent detailing our terms and conditions.
We'll confirm the property condition is in line with our previous research and conversations.
Close the Transaction
If it all checks out, we prepare the sales contract and get the transaction closed in as little as 30 to 90 days.
Point Acquisitions vs. Traditional Broker
It’s smart to review options to determine how best to reach your goals with a commercial real estate sale. While you may be able to get a higher “top line” sales price listing with a local broker, that doesn’t always boil down to more money in your pocket (or less headache), and can take a considerable period of time to close. Here are some details to compare your options.
|Feature||Local Broker||Point Acquisitions|
|Commissions / Fees:||4-6% on average||NONE|
|Closing Costs:||2% on average||< 1% on average|
|Contingencies:||Most offers include at least three||Only basic due diligence|
|Appraisal Needed:||Sale is often subject to appraisal||No appraisal necessary|
|Average Days on Market:||180-360 Days||Offer within 2-3 days|
|Number of Showings:||Numerous per interested buyer||As few as one|
|Closing Date:||90-180 days after acceptance||30-90 days|
|Repairs:||Negotiated during inspection period||NONE|
|Exclusivity:||Up to a year||No obligation|
Frequently Asked Questions
Depending on the asset class, it could vary.
For Multifamily, we have databases and comparable sales nationwide; we look at your market’s average cap rate comparable, get an understanding of your property’s financials, and get an idea of the condition of the property. This allows for an apples-to-apples comparison.
For Hotels, we may request the past 1-2 year financials, STR reports, PIP costs from the Brand, and any pricing guidance you may have. While we do our own in house underwriting, it is always good to know if you have an asking price - this saves us all time if pricing is unrealistic.
There is no cost to request or receive an offer using our iBuyer platform
Yes, every submitted request that meets our buying criteria will receive an offer.
You can accept the offer or you can do nothing. It’s completely up to you. All offers are obligation-free.
If you are interested in selling your property please fill out the form below and we will contact you within 24 hours.
Contact us about your property
We do an on-site analysis
We send a no-obligation offer
Interested in Becoming an iBuyer investor?