In simple terms, Federa buys a home and delivers it to an end buyer (Market Buyer) on their terms.
Problem
The process of buying and selling homes is often complicated and inconsistent, with several barriers that limit accessibility for many potential buyers and sellers:
Varied Sale Types: Homes can be sold through multiple channels—auctions, court procedures, private sales, estate sales, probate sales, etc. Each type has different rules and requirements, making it confusing and challenging for buyers and sellers to navigate.
Urgency and Flexibility: Sometimes, sellers need to sell their homes quickly, even on the same day, which limits the pool of potential buyers who can meet these urgent timelines.
Financing and Commissions: Some sellers do not allow for financing options or refuse to pay commissions to real estate agents, restricting buyers who rely on these mechanisms to purchase homes.
Special Requirements: Certain sales have unique conditions, such as restrictions on who is allowed to buy the home, specific closing procedures, or mandatory use of particular title and escrow attorneys.
Fraud and Legal Issues: The real estate market is also vulnerable to fraud, such as individuals attempting to sell properties they don't own. Additionally, some homes are sold without a clear title or using quitclaim deeds, leading to legal complications.
Geographic and Cultural Barriers: Buyers may want to purchase homes outside their local areas or even in foreign countries, where they may not understand the local language, rules, regulations, or customs. Unique local regulations may require specific disclaimers and disclosures that are unfamiliar to outside buyers.
Logistical Challenges: High deposits may be required by sellers, and sometimes these deposits need to be physically delivered, adding another layer of complexity and inconvenience.
Solution
Federa Market Maker streamlines the process by standardizing home transactions worldwide. When a buyer submits an offer on the Federa platform, Federa takes over:
Acquisition: Federa's system works to acquire the property according to the seller's terms, navigating all the complexities and requirements involved in the transaction.
Delivery: Once acquired, Federa delivers the property to the buyer based on their terms, ensuring a seamless process that accommodates both the buyer’s and seller’s needs.
By handling all the logistics and legalities, Federa makes the process of buying and selling homes smoother and more accessible for everyone involved, regardless of location or specific conditions.
FAQ
Q: Is Federa Market Maker acting as a broker?
A: No. Federa is acting as the CCP (Central Counter Party)
Q: Where is this available?
A: You can make an offer on any nearly any home in the world.
Q: Do you allow buyers to finance the purchase?
A: Yes, your offer can include financing
Q: Do you allow inspections?
A: Yes, you can stipulate your offer requiring inspections.
Q: Do you pay commission to real estate agents?
A: Yes. The easiest way for an agent to recieve commission is to use the Federa contract which by default includes a commission to the agent that is part of the buyers transaction
Q: How does Federa make money from this?
A: Federa earns a Interchange fee which is the difference from the price Federa is able to buy the home and sell the home to the end buyer.
Q: If I buy a home through this process who it technically selling me that home?
A: If the home is sold to you through the Market Maker it will be a Trust that will be the seller as its in the name of the Trust Federa will acquire the home. In most cases it will be [ADDRESS] Federa Trust in care of Federa Inc