How it Works
Point Acquisitions leverages technology and data to make offers faster than a traditional broker. Our tools allow for near-instantaneous research and underwriting – all tasks that could normally take weeks, or even months, to manage.
Our Convenient iBuyer Process
Whether you’re selling your retail space, office building, industrial property, land, commercial space, or multifamily apartments, Point Acquisitions is here to simplify the process.
Property Details
Provide some brief information about your property's condition and a few other details.
Comprehensive Analysis
We review pictures, P&L, condition, any environmental issues, and any previous listing.
No-Obligation Offer
If the property fits our acquisition strategy, we submit a Letter of Intent detailing our terms and conditions.
On-Site Visit
We'll confirm the property condition is in line with our previous research and conversations.
Close the Transaction
If it all checks out, we prepare the sales contract and get the transaction closed in as little as 30 to 90 days.
Point Acquisitions vs. Traditional Broker
It’s smart to review options to determine how best to reach your goals with a commercial real estate sale. While you may be able to get a higher “top line” sales price listing with a local broker, that doesn’t always boil down to more money in your pocket (or less headache), and can take a considerable period of time to close. Here are some details to compare your options.
Feature
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Commissions / Fees:
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Closing Costs:
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Contingencies:
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Appraisal Needed:
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Average Days on Market:
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Number of Showings:
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Closing Date:
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Repairs:
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Exclusivity:
Local Broker
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4-6% on average
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2% on average
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Most offers include at least three
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Sale is often subject to appraisal
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180-360 Days
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Numerous per interested buyer
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90-180 days after acceptance
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Negotiated during inspection period
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Up to a year
Point Acquisitions
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NONE
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< 1% on average
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Only basic due diligence
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No appraisal necessary
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Offer within 2-3 days
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As few as one
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30-90 days
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NONE
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No obligation
Frequently Asked Questions
How does iBuyer value the property?
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.
Is there a fee to request an offer with iBuyer?
There is no cost to request or receive an offer using our iBuyer platform
If I submit a request, am I guaranteed to get an offer?
Yes, every submitted request that meets our buying criteria will receive an offer.
What if I don't like my iBuyer offer?
You can accept the offer or you can do nothing. It’s completely up to you. All offers are obligation-free.