Prop.Exchange, powered by TrueMarketValue, is a digital auction platform for trading commercial real estate properties; it's where supply meets demand. The purpose of this digital tool is to efficiently trade properties at the true market value - and in a time efficient manner.
The challenge we are solving:
• Property valuations can be uncertain; often there are only few relevant comparables
• Running costs can be a burden – Taxes, reporting, maintenance, security, etc. are wasteful
• Selling has been time consuming and frustrating – historically there was no easy solutions without compromising good governance
Our solution; 3 easy steps:
1. Preparations – Due Diligence material/essential documents and the SPA are added to our data room
2. Marketing of the property in newspapers and virtual
3. Digital auction – Divestment by Dutch Auction on prop.exchange
The Dutch Auction is characterized by a descending price, starting at index 100 and decrease by e.g. 1 point every weekday at noon until a bidder accepts the price offered or until seller decides to rather keep the property.
Once a bidder accepts a price offered, the bidder has 2-5 business days to sign the Purchase Offer/SPA and pay a reasonable deposit. If bidder fails to perform he becomes disqualified from this and future auctions - and the auction will resume for everybody else.
Interested bidders can access relevant data, drawings and the applicable contracts after log-on and qualification for the auction.
Value for buyers:
• All buyers have access to same information
• The auction takes out the “bluffing” of the negotiation
• No bias or disadvantage due to lacking relationship
• You don't have to pay more than you think the property is worth
Value for sellers:
• It's very time efficient
• Determines and documents the true market value
• Sales complexity, cost and time are significantly reduced
For more info please contact:
Allan Kehlet Rieck
Founder
+45 21 79 01 59
allan@prop.exchange
Company Details
- Employees
- 5
- Founded
- -
- Address
- Blox, Bryghuspladsen 8, 3th Floor,denmark
- Industry
- Commercial Real Estate
- Website
- prop.exchange
- Keywords
- Real Estate and sale and lease-back.
- HQ
- Copenhagen, Capital Region
Prop.exchange Questions
Prop.Exchange's website is prop.exchange
Prop.Exchange's LinkedIn profile is https://dk.linkedin.com/company/ejendomsborsen
Prop.Exchange has
5 employees.
View email and phone details for 5
employees at Prop.Exchange.
Prop.Exchange's industry is
Commercial Real Estate
Prop.Exchange's top competitors are
Schibsted Danmark,
Ibi Group A/s,
Truemarketvalue,
Palsgaard Spær,
Dash Creative,
Lilleheden A/s,
Nviro A/s,
Aarhus Håndbold,
Danbolig Erhverv Hillerød,
Torp & Honoré.
Prop.Exchange's categories are Commercial Real Estate
Prop.Exchange's founding year is 2014
