New technologies are changing the way business is done in every field. especially, real estate market It changes the process by which properties are bought and sold, making it more transparent, efficient and simple.
So how is the real estate industry reinventing itself? A clear example of this innovation is OfferX1a dedicated proptech digital sale of residential and commercial assets. They offer a different method in performance real estate transactionsmore transparent, digital and efficient.
In this sense, they have created a new real estate company model, combining their vast experience in the sector with the sector. the latest technology Developed in Dublin. Users from all over the world through their platform best investment opportunities It allows for fully digital execution of transactions in five markets.
Company started in Dublin sale of property by face-to-face auction It switched to digital format in 2011 and later in 2015.
What makes them different?
In the last few years they have expanded to England, Cyprus, South Africa and Spain. auction sales method and this assumes greater speed transactions, the transaction is completely transparent with all available information (simple note, photos, videos…) and waste.
Although they are digital, they are also multinational and multidisciplinary team the person who advises throughout the process. So they offer personalized attention throughout the process.
They started with themselves in Spain in 2019. auction model, company DNA, but business models digital direct selling. “We have pioneered the digital sale of real estate assets from BidX1, but we are also making our platform available to investors as a tool for closing transactions in a transparent manner and with all information at their fingertips,” explains Susana Negueruela, Commercial Real. Property Manager / Manager Commercial Assets.
Different sales models
BidX1 uses two different models: auction and digital direct selling. On the one hand, Auction carried out once a month on a specific day residential and commercial properties. This method, together with all available information, makes it possible to reduce the duration of signature processes to a maximum of 9 weeks. The auction can be watched live with no registration required.
On the other hand, when it comes to digital direct selling, their team is posting hundreds of properties on every corner every month. wide investment opportunities. Thus, they have a permanently available catalog and the possibility to bid at any time.
Either way, your platform will let you work. from anywhere in the world and from any device.
Advantages of this business model
Transparency is the foundation of the business model. through the platform provide investors with all information in advanceand offer end-to-end visibility throughout the entire sales process.
By eliminating inefficiencies that frustrate buyers and sellers, it significantly speeds up transactions and improves the overall user experience.
Investment opportunities in multiple markets – and fully online transactions – international public. Currently in database More than 150,000 investors and active bidders more than 60 countries until date.
Its platform allows you to track: real-time supply and demand dynamicsMeasure liquidity in the market and extract data from thousands of transactions with market intelligence.
New BidX1 projects
BidX1 plans to reach sale More than 600 properties It is valued at over 125 million euros through its platform and will continue to hold auctions once a month.
At the end of 2021, the company two new investments By doValue, Southern Europe’s main service provider in credit and real estate asset management, and Oliver Wyman, leader in strategic consulting.
Currently operating in five markets (UK, Ireland, South Africa, Cyprus and Spain), BidX1 has sold more than 10,000 properties to date. 2.5 billion € Thanks to an innovative approach in real estate sales by combining real estate experience with its own technology.
investments by doValue and Oliver Wyman, Support in BidX1’s growth strategy to speed up expansion into new markets where doValue is in a leadership position (Italy and Greece), providing access to new technology that complements the company’s existing technology (through the NPLs platform) and supporting BidX1’s continuous innovation throughout the entire process of signing real estate transactions.
Properties located in the province of Alicante:
In the province of Alicante, BidX1 has several properties, mainly three houses and a commercial warehouse.
The trading unit is located in San Juan and is sold on the platform for €2,600,000. It has a registered area of 2,965 m2 and is an opportunity consisting of the only registered real estate and three profitable commercial buildings.
when it comes three residences, one of which is a 4-bedroom townhouse located in Orihuela in the Residential Complex II Urbanization near Punta Prima Beach for € 134,000. The second is a 3 bedroom apartment in Benidorm Sea view for 118,000 € and finally Villa on the outskirts of Alcoi 215.000 € with 5 bedrooms.
You can check other properties available in Spain on their website.
Source: Informacion
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