New Leasing and Buying Method Unveiled at the 2013 Real Estate Investing Conference on Wall Street
Last month in New York City, LeasebyAuction.com’s CEO Gene Andersonrevealed for the first time publicly a new high impact negotiating method for both leasing and purchasing real estate. During the two years leading up to LeasebyAuction’s (LBA’s) public release, a provisional patent and later utility patent was filed for a unique, non-binding, bidding process called ‘proffers’ (pre-offers). LBA’s methodology, ‘Find a Property. Name Your Price!’ was also trademarked. Anderson stated, “Our name gave us away! We could not make any public disclosures until all the processes associated with patents and copyrights were completed and the trademark granted. Now we are ‘the’ real estate website where the customer can, ‘Name Your Price!’ ” “The market loves it,” says Anderson. “As fast as we can type, we are signing up members, helping upload properties and receiving ‘proffers’. (non-b...