Photo - BRiX
play_arrow
View
58677

BRiX

USA, Florida
Market: Real estate, Blockchain
Stage of the project: Prototype or product is ready

Date of last change: 03.10.2022
Go to the owner's profile
7
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

BRiX offers a fractional real estate marketplace which allows property owners to share ownership with many investors in their corporation owned property and easily buy and sell their ownership.

Current Status

Our company was incorporated on Jan 1, 2022. We raised over $250,000 since March 2022 from 16 investors, family and friends mainly. We've built an MVP and are in testing of the web based system right now. We have also acquired over 5,000 emails of potential real estate investors that are accredited. We have 10 signed Letters of Intent from property owners willing to fractionalize in our marketplace, and have one Letter of Intent for $2.5 Million for our full investment from Brickell Red in Miami.

Problem or Opportunity

BRiX solves the problem of having to either sell all of an investment property or not sell the whole property, as well as having to buy all of a property or none of a property.

Solution (product or service)

We've created an online marketplace where it is simple and easy to buy part of a property and sell part of a property.

Business model

We primarily make revenue (2.5%-4% of the property value) from property owners willing to fractionalize their properties. We also make revenue from transaction fees, property management, and a variety of other services.
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility515
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation