What does it mean when a property is in the secondary stage?
Buying and Selling Property Shares in Carré’s Secondary Market
Carré
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When a property is in the secondary stage on Carré, it means the property has already been listed and is now available for investors to buy and sell shares among other Carré members.
In this stage, instead of purchasing shares directly from Carré, investors can trade shares with one another, providing greater flexibility and liquidity. This is especially beneficial if you want to adjust your portfolio or exit an investment.
One of the key advantages of Carré’s secondary market is the lower transaction fees compared to traditional real estate markets. While fees for buying and selling properties in the traditional market typically range between 11% and 19%, Carré's secondary market fees are significantly lower, around 2.5%.
This gives investors a more cost-effective way to manage their real estate investments while still benefiting from liquidity.