Skip to content

What is an iBuyer?

Put simply, an iBuyer uses technology and data to make offers faster than a traditional broker. The right tools allow for near-instantaneous research and underwriting - all tasks that could normally take weeks, or even months, to manage.

Point Acquisitions has those tools, and our focus is on streamlining sales in the commercial real estate market.

iBuyer for real estate

How iBuyer Works

  • Apr 15, 2020

    1. New Request

    We learn basic information about the property.

  • Apr 15, 2020

    2. Deep Dive

    We ask for key information on the property, including pictures, P&L, condition, any environmental issues, and any previous listing.

  • Apr 15, 2020

    3. Research

    We look up your property in our national databases.

  • Apr 15, 2020

    4. Underwrite

    We underwrite your property to comparables in its respective market.

  • Apr 15, 2020

    5. Offer

    If the property fits our acquisition strategy, we make an offer by submitting a Letter of Intent detailing our terms and conditions.

  • Apr 15, 2020

    6. Get Started

    Once the offer is accepted, we will generate the Agreement of Sale and get the process started quickly

what is iBuyer?

An iBuyer for All Qualified Property

If something does not fit our particular strategy or business model, not to worry - our network across various asset classes makes it very likely we find the right candidate.

 

With a database that connects strategic real estate partners, owner/operators, and institutional investors, we match leads based on investment appetites with unprecedented speed.

Frequently Asked iBuyer 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

Offers are currently available in select areas for listings that meet certain criteria determined by institutional buyers, such as property value and condition. Criteria vary by location. Not all submissions receive an offer. However, certain submissions will receive multiple offers.

You can accept the offer or you can do nothing. It’s completely up to you. All offers are obligation-free.

Get Started With iBuyer

If you are interested in selling your property please fill out the form below and we will contact you within 24 hours.

  • Drop files here or
    Max. file size: 100 MB.

    Interested in Becoming an iBuyer investor?

    Gentrification in Philadelphia and How to Identify Up and Coming Neighborhoods

    May 18, 2022

    Gentrification takes place when rundown urban areas attract residents of higher income. It’s a controversial phenomenon. Conversations about it can lead in both highly negative and positive directions. As long as major cities remain the most convenient and culturally interesting…

    Read More

    The Costs and Benefits of Investing in Section 8 Housing

    May 18, 2022

    Section 8 Housing is the common term for the Housing Choice Voucher Program, one of the three primary rental assistance programs facilitated by the United States government. While not every American individual or family unit experiencing financial difficulty or who…

    Read More
    sell industrial real estate

    Cold Storage Units Are On The Rise – Here’s Why

    May 18, 2022

    Cold storage units will continue henceforth to increase in demand and price. Since the 2019 announcement by Amazon, cold storage units are on the rise. Amazon announced the start of grocery delivery to Prime members in 2 hours. The rise…

    Read More