8. Cap Rate: (Question G)
The seller selects the exact cap rate while the buyer prospect makes a selection that matches 25% above and below their selection.
9. Seller Financing: (Question H)
If the seller selects the number 2 option (seller will not carry back financing), then only the buyer selection of number 1 will match.
10. Existing Mortgages(s): (Question I)
If the seller selects ‘existing financing is assumable or beneficial to the buyer, then the buyer's selection of number 2 will match.
11. Existing Lease Type: (Question J, K, L)
Lease terms: If the buyer wishes to occupy a property, or if the seller wishes to announce the buyer can occupy and be a user of that property, then both parties select J-1, K-1, and L-1. Also, if any buyer selection of these three categories is a ‘lesser number’
than the seller (listing), or equal, then these will match.
12. Age of Structure: (Question M)
If the the buyer's selection is (any age is fine) then either numbers 1, 2 or 3 of the seller's (listing) will match. If the buyer's
selection is number 2 or 3, then the seller's (listing) must be an exact match.
13. Development: (Question N)
If the seller selects (major development or upgrading will substantially increase annual revenue) because the property is not showing it’s true potential, this selection may affect certain other choices like Cap Rate, Return on Investment (ROI) and GRM (Gross Rent Multiplier), etc. Only use Major Development if in fact this possibility does exist. Naturally all 'buildable parcels' have this feature.
14. Form of Down Payment: (Question O)
If the buyer selects (cash or cash to Loans), then either number 1 or 2 of the seller's (listing) selection will match.
15. Participation Program: (Question P)
If the seller and the buyer each select number 1 on this qiestion, the two will match.
16. Future Growth Potential: (Question Q)
As referenced earlier in number 13, the seller should only select (very high) if some future event can increase the gross revenue and thus value substantially. This selection may affect other selections like Cap Rrate, Return on Investment, and GRM for example.
17. Applies to the buyer only: (Question R)
The seller has no selection to make here. However, if the seller receives a match wherein the buyer selected number 1 and has provided a final date to identify a 1031 tax beneficial exchange. This calls for immedicate action by the listing agent. This question is not part of the percentage calculations in the matching routine.
Special Notation:
It is important for you to answer every question accurately to achieve the highest level of matches.
MATCHING ADVICE NOTICES go to both sides of the equation when the two hae matched 100% on TYPE OF PROPERTY, LOCATION and PRICE RANGE and a minimum of 82% overall out of the 17 Key Categories, i.e., 14 out of 17. So when you receive such a notice, it is a HOT LEAD.
Once you enter the profile into the data bank, it searches for you 24/7 until you elect to delete the profile. NDAXI may delete profiles that have been in the data bank too long, however at this time, this function is not activated.
Patent Pending 12/378,434: Copyright 1980-2009 All rights reserved.