If you have been in the note business for a while, you know that sometimes getting deals done can be difficult due to the number of middle men between you and the buyer/seller. This creates a lot of inefficiency and slows down the process of getting deals done. NoteMarketPlace is not a middle man. Our goal is to make it as easy as possible for you to contact sellers directly. NoteMarketPlace is built on the principals of openness and transparency. We know that if we put you in direct contact with the seller of the note or the broker that has a written agreement to sell the note, you have a good chance of getting a deal done.
We also focus on helping sellers qualify leads. Sellers are looking for buyers that can show proof of funds and can close. If you are an investor and you see a note you like on the site, you can improve your chances of getting a response from the seller by demonstrating you can provide proof of funds in asked.
We believe the principals of a good market place are as follows:
- Minimum Friction Between the Buyer and Seller
- Full Disclosure (where legally possible) on the asset
- High Quality Listing Inventory
So far we have seen a lot of deal activity on the site. Great job everyone!