Oursqft offers landlords an effective alternative for leasing vacant spaces that have been challenging to fill through traditional methods. Our platform provides a seamless process for landlords to review and accept competitive bids from prospective tenants at or below market rates within their region. By streamlining the leasing process, Oursqft helps landlords quickly increase occupancy in their vacant spaces, providing a fast and efficient solution to boost tenancy and maximize revenue potential.

At this time the platform is free to use, list and lease via our listing and auction marketplace. 

Yes, you can create a traditional market rate listing, and any visitors to our website will be able to view your listing.

After uploading the building and unit details, landlords can select available days and times for tenants to request a tour. Tenants can then choose the day and time that suits them best and meet the landlord or property manager on-site prior to auction start date.

Yes, Oursqft understands that each property, lease, and/or other factors may be prohibitive from accepting certain businesses. Therefore, the landlord has the ability view all registered tenant information and has the ability to allow or reject any tenant from participating in the auction or from viewing the property.

Yes, all landlords will upload a copy of their required lease during the property listing submission. No terms other than rent price, security deposit, term, and TI would be affected by participating in an Oursqft auction.

The Landlord has about 48 hours after the Potential Tenant signs the lease to review the Potential Tenant’s information and either sign the lease or reject the bid. All Potential Tenant information, including credit, identification and criminal background checks, will be available for the landlord to review.

Oursqft realizes that unlike a sale, a lease is a long-term partnership between the tenant and the landlord. Because of this relationship, the Landlord retains the right of refusal, regardless of the auction results. There could be various factors for rejecting a winning bid, including the price being too low, financial concerns, past history, etc.

You can authorize your listing broker to manage specific parts or the entire process while retaining final lease approval and signing. Brokers can create profiles and manage all their associated listings.

Transitioning from a traditional listing to a schedule lease auction can be done with a few simple steps.