74
Growth Score in past quarter
pts
Heat Score 74 in past quarter
3 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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920071
PropExchange is a digital auction site for real estate properties where supply meets demand.
- Allan Kehlet Rieck: Founder & CEO
About the Company
Prop.Exchange, created by TrueMarketValue, is a digital auction site for real estate properties where supply meets demand. The purpose is to effectively trade properties to the true market value.
A Dutch auction is characterized by a falling price. With a starting price of e.g. index 100, the price will fall every weekday at. 12.00. until a buyer
accepts the price (or the seller decides to keep the property). Once a buyer has accepted the price, it has 2 days to sign a simple, conditional, purchase agreement and pay the deposit. If the buyer does not sign the agreement within 2 days, the auction will resume. Interested buyers will, after registration, have access to relevant property data, drawings, sales agreement, etc.