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SAN DIEGO, May 21, 2020 / PRNewswire / – biproxi, the commercial real estate technology platform where brokers sell better, is proud to announce a strategic partnership with The Future of Real Estate (FRE). FRE pioneered online real estate auctions in 2004 with its Accelerated Marketing Program (AMP®), a program that provides brokers with an end-to-end transaction platform for selling commercial real estate online.
As market uncertainty continues to impact the real estate industry, more and more commercial property owners are turning to CRE’s online auctions for their disposition needs. This week, we invited experts in commercial real estate auctions to discuss the impact a recession can have on the auction market, how to assess if a property is ideal for auction and what pitfalls to avoid. when buying or selling a property at auction.
Thanks to this partnership, biproxi will be able to bring a sophisticated auction process to all of our brokers who are already selling with CRE’s existing marketing and technology products and services. “We are excited to add auctions to the range of products and services available from biproxi, and believe this is a natural progression to our current offerings,†said the CEO, Gordon smith.
biproxi currently offers a rich collection of products and services, curated for all brokers. Biproxi Listing Essentials is a unique space for brokers to select and buy what they need à la carte – think of things like 3D floor plans, virtual staging, property photography, and more. . digital marketing solution, created to streamline your sales process and deliver highly engaged buyers, managed by their team of marketing professionals.
As the real estate landscape evolves in response to the current global pandemic, there is a growing need for a digital revolution in the process of buying and selling real estate. biproxi and FRE’s online auction platform respond to this need by providing sellers, investors and real estate professionals with the tools they need to do business from the comfort and security of their own homes. Especially as market uncertainty increases, auctions offer the perfect solution to provide a real and current assessment of the post-COVID market, based on what buyers are willing to pay.
Bill Lange, CEO and Founder of FRE said, “For centuries, auctions have been the primary means of valuing the most priceless works of art and jewelry through competitive bidding. Over the past few years, we have seen a dramatic increase in the number of commercial real estate sellers and brokers exploring auctions as a way to shorten time to market and provide a true assessment of property value.
FRE’s culture has been to provide a marketing and transaction platform for real estate professionals who appeal to both sellers and buyers. By making it easier to buy, you make it easier to sell. With biproxi’s Marketing Concierge program and buyer reach, FRE can offer real estate professionals a full service solution to sell on time, acquire new leads and maximize revenue.
About The Future of Real Estate (FRE): Founded in 2003, The Future of Real Estate® was the first online auction platform to bring the entire real estate buying process online. In association with real estate professionals from the Americas, Europe, the Middle East, and Australia , FRE continues to provide cutting-edge real estate marketing services to clients such as Coca-Cola Enterprises, Inc., Bank of America, Halliburton, Morgan Stanley, Trump Organization, US Bankruptcy Court and numerous developers, financial institutions, private equity funds and REITs.
About biproxi: biproxi is the first open access marketplace of its kind, connecting brokers with the best providers nationwide. Developing the best of its class marketing strategies to move ads faster and more efficiently, biproxi allows you to save time in your day, without any subscription fees. They integrate with a broker and their team to provide marketing solutions, seller management, and manage all logistics. Brokers sell better with biproxi.
SOURCE biproxi
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