Fractional REI: Secondary Markets?

[Jeff Lawlor]

Fractional REI companies (Roofstock, Arrived, etc) have caught my attention. What happens if I want to sell my shares? I'm concerned this is like trying to unload a timeshare where you get pennies on the dollar.

Arrived talked about a starting a secondary market for buying/selling shares. Are companies where they have a secondary market up and running? I'd love to see some secondary market pricing vs. buying directly from the company offering the shares.

[Chris Seveney]

@Jeff Lawlor

Thats another reason they won’t sell on a secondary - if they do another offering and they have an old offering on the secondary market selling at a discount, then they won’t be able to raise additional capital.

Also it’s not guaranteed it would sell at a discount it depends on the NAV