Thibault Guéant, founder of the land trading platform Landquire in the United States is the guest of Mon Podcast Immo. At the microphone of Ariane Artinian, he evokes the advantages of his proptech which makes it possible to buy and resell land. A solution reserved for well-informed investors. Selected excerpts.
My Realty Podcast: What is the role of LandQuire?
Thibaut Gueant: LandQuire is a market analytics proptech that allows us to be very aggressive about sending offers to private landlords in need of cash, trading at significantly discounted prices at around 50% of market value . Investors can thus recover the analysis that we have made very thorough, on more than 120 pre-selective criteria, invest in these projects and recover 50% of the profits on resale, which offers returns of 15% on average between 6 and 12 month.
Mon Podcast Immo: However, these very attractive returns are not guaranteed…
Thibaut Gueant: Absolutely. Each investor is aware of each opportunity and will decide if he wishes to be a financial partner on this opportunity. Of course, we can’t give any guarantees – how much to the penny and what day we will resell.
Mon Podcast Immo: You are riding the wave of homeowners in difficulty, forced to sell with big discounts. But who is buying these lands?
Thibaut Gueant: In the United States, we are fortunate to work with extremely powerful tools that allow us to have maximum visibility and generate a lot of offers from land buyers or developers. We are also in the American market, the MLS [Multi Listing Service, base de données qui recense tous les biens en vente au niveau national et que seuls les agents immobiliers peuvent renseigner]below the market price, which allows us to resell very quickly while being cheaper than the competition.
My Realty Podcast: What is the entry ticket?
Thibaut Gueant : On average, it amounts to at least $50,000. We very often work with entrepreneurs aged 35 to 70 and over, sometimes real estate professionals quite regularly in French-speaking countries.
Mon Podcast Immo: What is the impact of the crisis on this type of investment?
Thibaut Gueant: The crisis we are going through plays rather in our favor because we have more and more opportunities to buy land at discounted prices. And the next two years promise to be even more profitable because we will be able to seize even more opportunities.
Learn more about Landquire here.