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.
How It Works
-
Apr 15, 2020
-
Apr 15, 2020
-
Apr 15, 2020
-
Apr 15, 2020
-
Apr 15, 2020
-
Apr 15, 2020
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 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.
Interested in Becoming an iBuyer?