NetStruxr's corporate-driven system, in turn, creates a very strong incentive for provider participation. Simply put, landlords will rush online to sites with real, live prospects. That counteracts the fragmentation in much of online real estate, with landlords listing on certain sites, but not on others. NetStruxr makes its money by charging landlords 0.5 percent of the total value of each transaction that's completed . And that demo is detailed, running on for 34 screens.
Prospective landlords review and respond to the listed requirements.
The company reviews responses, selecting landlords it wants to further engage. The company and the selected landlords directly participate in online interactive conferences that can include discussions, document exchanges and financial analyses. It's too early to say, as the site only went online on Nov. 30. BOA Senior Vice President of Real Estate Robert Patterson, though, is among those anticipating major benefits. It will bring us value by shortening transaction times, introducing new efficiencies and helping ease existing challenges in what is a highly fragmented market.