Greg Cooper J.D.
November 1, 2023
Are you tired of the traditional public listing process for selling your multifamily assets? It can be incredibly disruptive to your operations and potentially dangerous for your property's reputation if it fails to sell. That's where Offerd's Pinpoint comes in to change the game. This innovative approach leverages data matching algorithms to directly market your property to the 100 most likely and qualified buyers. Let's explore the benefits of Pinpoint and why it's the future of multifamily asset sales.
The Benefits of Pinpoint:
1. Direct Marketing to Qualified Buyers: Pinpoint cuts through the noise by targeting the 100 most likely and qualified buyers in the market.
2. Reduced Property Tours: With Pinpoint, property tours only happen after the first round of LOIs are in and pricing is close to your expectations. No more wasting time on unnecessary tours.
3. Expert Guidance: Our team of experts will guide you through the entire process, ensuring you make informed decisions every step of the way.
4. Faster Process: Pinpoint streamlines the sales process, making it faster and more efficient than the traditional public listing method. Time is money, and Pinpoint saves you both.
5. No Stigma: If for any reason your property doesn't meet your guidance or fails to sell, there's no lingering stigma in the market. You can explore other options without any negative consequences.
The Pitfalls with the Public Listing Process:
1. Lengthy Listing Period: Public listings typically come with a lengthy listing period, often spanning six months or more. This extended timeframe can lead to uncertainty and delays in the sale process.
2. Disruption to Operations: Property tours during a public listing can disrupt your staff and operations, causing unnecessary headaches.
3. Unqualified Buyers: You may end up touring unqualified buyers who have no real intention of making a serious offer.
4. Offers from Unqualified Buyers: Public listings can attract offers from unqualified buyers, wasting your time and resources.
5. Stigma in Case of Failure: If a public listing fails to sell because no offer meets your pricing guidance, it can create a stigma in the marketplace that's hard to shake off.
Don't let the outdated public listing process hold you back. Give Offerd's Pinpoint a chance to revolutionize how you sell your multifamily assets. Our technology-driven approach is designed to save you time, reduce disruptions, and ensure you connect with the right buyers. It's time to embrace the future of commercial real estate sales with Pinpoint. Contact us today to learn more and experience the difference for yourself.