Prop.Exchange company information, Employees & Contact Information

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