FAQs > Buying on the Marketplace > Buying as a Homeowner

Q: I signed up as a Homeowner to list equity in my property. Can I also buy equity in other properties to diversify my portfolio?

Yes, although only accredited investors are currently allowed to buy equity. In the United States, the requirements to become an accredited investor are set by the Securities and Exchange Commission (SEC).

FAQs > Buying on the Marketplace > Property Data

Q: How accurate is the property value on a listing?

Every property on the marketplace has a value based on a formal appraisal conducted as a condition of listing coupled with real estate trend data from industry-leading sources applied thereafter.

FAQs > Buying on the Marketplace > Offers

Q: What is the minimum offer amount that I can make?

You can buy as little as 0.1% of a property.

FAQs > Buying on the Marketplace > Offers

Q: Can I withdraw my offer after submitting it?

No, since the funds for the offer will be held in escrow after submission. The offer will only be sent if the funds backing the offer are available in your wallet. The offer remains valid for the homeowner until the expiration timeline that is set on the offer. Likewise, if a homeowner makes a counter-offer it is also valid until the end of the expiration timeline.

FAQs > Buying on the Marketplace > Liquidity

Q: How can I cash out of my equity holding?

There are three events that result in receiving payment in exchange for the equity you hold.
1) You choose to resell your equity to another investor on the marketplace.
2) The principal homeowner of the property you own equity in sells the home to a new homeowner. Vesta Equity will receive funds from the new homeowner and make disbursements to investors holding equities in the property. The dollar amount will be the proportion of the equity hold relative to the property sale amount.
3) The original offer contained a buyback condition from the homeowner which will execute at the end of the term.