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Updated about 5 years ago,

User Stats

160
Posts
35
Votes
Kristian Peter
  • Investor
  • San Diego, CA
35
Votes |
160
Posts

Real Estate Offers Platform - OfferBot

Kristian Peter
  • Investor
  • San Diego, CA
Posted

Really looking for feedback and comments, how do you submit offers? Probably email, right?  Do you hit 'send' and pray, or then text and call to find out if the offer was received and if you have a chance or getting a response? Does the property that you're interested in sometime go pending or sell without you ever receiving a response?

Real estate offer platforms are nothing new, and several institutions, like Fannie Mae's Homepath, have required buyers to submit their offers online so that the seller and agent are aware of the offer and can respond appropriately. Homepath only works for Fannie's REO properties, but there should be a platform that allows anyone, anywhere to submit an offer on any property and know that it was received, and it can responded to with the touch of a button.

Contracts can be drafted and signed after the offer is presented, negotiated, and agreed upon (like in almost all other types or sale), and many hours or days can be saved during the process. All parties to the offer can communicate, documents can be exchanged, and once everyone is in agreement, the closing terms can be communicated to escrow or a closing attorney, along with the contact information of the parties involved.

Is this something you would use, and if so, how can it provide everything to make the real estate transaction faster and easier?

Thanks for your comments and suggestions! #OfferBot

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