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WindWater Launches Instant Offer Valuation Tool
Irvine, CA-based WindWater has introduced its CRE Tech platform providing instant valuation for commercial real estate – WindWater IO. The digital tool uses an algorithm to determine a cash purchase price for commercial properties, giving the owner an instant offer range.
WindWater IO complements the company’s full-service commercial real estate marketing and broker services. According to the company’s announcement, residential real estate was transformed by instant pricing tools beginning in 2015 and WindWater is the first company to bring the technology to the commercial real estate sector.
Commercial real estate has historically been an illiquid investment with long-lead sales horizons. WindWater IO generates instant offers that are all-cash, and provide the flexibility to close on the owner’s own timeline, the company says.
According to Windwater CEO Rudy Caamano, CEO, “WindWater is empowering sellers by using technology to make real estate more transparent than ever.”
For comments, questions or concerns, please contact Chris Egger
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