The Problem: Traditional Asset Sales & Acquisition

Traditional Asset Sales & Acquisition

1. Search for a suitable asset on a number of platforms based on needs and wants

2. View & inspect the asset, sometimes requiring 3rd party inspectors/auditors

3. Complete credit check, secure mortgage pre-approval

4. Negotiate pricing

5. Produce dozens of documents, secure loan approval

6. Arrange additional final inspections

7. Renegotiation

8. Sign, notarize & exchange paper contracts

9. Make deposit

10. Prepare for settlement

11. Organize insurance

12. Final walkthrough

13. Settlement with bank/lender, agents, buyer/seller

14. Adhere to complex tax compliance regulations

15. Manage the asset as a rental/hire a manager or utilize an expensive service like Airbnb