Jointer is raising $1,500,000 with a minimum reservation of $50,000. Numbers displayed include non-binding reservations before investors are verified, signed, or closed.
Jointer is the first P2P marketplace between first-buyers (e.g. wholesalers and sponsors) and end-buyers for the commercial multifamily real estate industry.
$5.8 Billion waiting list of ordersDecember, 2016
Nationwide database of 130,000 multifamily investorsJuly, 2016
Nationwide database of 117,000 loan brokersJuly, 2016
Launched the Jointer affiliate program. Hundreds of applications receivedJuly, 2016
Closed five deals that were sourced by our proprietary algorithmJanuary, 2016
Our solutions are based on the existing multi-billion dollar secondary commercial real estate market and common practice in the multifamily industry. Today investors buy and sell contract rights and invest in other people’s deals as a joint venture. All this is done in a very manual way and with no ecosystem bringing together the players and processes. So just as Airbnb did not invent a market, Jointer is likewise just creating a marketplace for an existing market.
Current real estate technology companies focus on creating better tools to help investors improve their search and analysis capabilities. With Jointer investors are freed up from search and analysis tasks. Instead they simply review deals that have already been fully analyzed far beyond best practices available today and matched identically to their own custom criteria.
Our algorithms can complete in less than 5 seconds comprehensive analysis that normally takes from a few hours up to to a few days.
We split profits with our first-buyer users who are paid for performance when end-buyer users close on the deals they bring. First-buyer compensation comes from a combination of acquisition fees, equity growth and cashflow (in the case of joint ventures). Our gross revenue averages $247K per deal.
We have proven our business model in the following key ways: a) Successfully signed-up 700 end-buyer users on Jointer.co, capturing their registration information that details how much capital they are ready to invest and what type of deals they would like; b) Successfully signed-up 200 partners who are ready to participate in the Jointer ecosystem as Acquisitors, Consultants and Underwriters; c) Successfully used the alpha version of our proprietary algorithm to source tier-one properties from existing online platforms and then successfully closed on five deals
We have recently acquired the rights to several strategic websites and social networks in our space. As of today, Jointer is now one of the largest commercial real estate networks in the US with more than 250,000 commercial investors and professional members. We also have access to 117,000 loan brokers across the country who can act as our affiliates. In addition, we are constantly expanding our network by allowing dozens of websites with tens of thousands of investors to join our network and our cross traffic program. Our goal is to create the biggest network for investors around the world
We are prepared to make a huge entry to the market with a waiting list of close to $6 billion orders from our registered end-buyers, our 200K+ strong network of users, and our 1M+ strong user affiliate network.