As commercial vacancy rates continue to rise, landlords are encountering unprecedented challenges that are reshaping the landscape of real estate. Traditional leasing methodologies have remained stagnant for decades, leaving a significant gap for innovative solutions to address the evolving needs of the marketplace.
Enter Oursqft
Oursqft is here to tackle the dual challenge of connecting landlords and tenants seamlessly while offering an alternative solution to fill vacant spaces. Our online leasing platform improves the leasing process by enhancing existing property information while implementing technology that simplifies communication and logistics of the leasing process.
The Oursqft Advantage
Our platform introduces a groundbreaking auction process for vacant units, allowing landlords to determine the market price dynamically. Co-founder Jason Leung brings expertise from the market-making sector, applying the efficiencies found in online trading to the real estate market. With a diverse team of co-founders experienced in real estate, technology, and legal, Oursqft is transforming the leasing landscape into a streamlined, modern experience.
Benefits for All User Types
For Tenants:
- Efficient Browsing and Touring: Tenants can easily search and tour available units directly within the platform, eliminating unnecessary delays.
- Simplified Applications: Through our partnership with TransUnion, tenants can conduct credit and background checks easily, using a single application for multiple properties.
- Cost Savings: Tenants can access competitive pricing through our auction process, often securing spaces at significantly lower rates than traditional markets.
For Landlords:
- Quick Access to Qualified Tenants: Landlords can view registered tenants and their credentials efficiently, enabling faster decision-making.
- Improved Occupancy Rates: Oursqft allows landlords to fill vacancies that may have remained unleased through conventional methods, bringing life back to their properties.
- Strategic Leases: While bids may come in lower than retail prices, the auction model allows for structured increases in rent over time, positioning landlords closer to market rates within the first few years.
- Friendly Listing Agreement: Landlords can avoid one-sided, long-term exclusive agreements. Oursqft only charges a fee when an auction is completed successfully.
For Brokers:
- Integration with Current Listings: Listing brokers can leverage the Oursqft platform for any of their existing listings without disrupting their current landlord listing agreements.
- Partnership Approach: We view brokers as essential partners in the leasing process and offer tenant brokers generous co-op commissions on successful auctions.
A Seamless Leasing Experience
Whether you are a tenant, landlord, or broker, Oursqft is committed to making your leasing experience efficient, straightforward, and successful. By blending modern technology with innovative leasing auctions, we are redefining commercial real estate for the digital age.
Join us at Oursqft, where we make commercial leasing a streamlined, transparent, and rewarding experience for everyone involved.
