No—Qwincy is not a Data Room although Dealspaces may be used for transactions. Data Rooms are typically solely used to execute transactions and have minimal functionality to market Offerings. See comparison table below for more details.
I email my Offerings—isn't that easier?
Sending an email is an easy way to send an attachment, but as you work on more opportunities it rapidly creates disorder in both sending and receiving real estate deals. A Qwincy Offering allows you to share an opportunity as a traceable packet with data that can be queried such as addresses, dates, deal types and userr information. See comparison table for more details.
I am a Broker and I currently create landing pages for my Offerings—why is this any different?
Yes—the Deal Feed can access any type of real estate loan request and is optimized tool for high volume dealflow.
Can I edit an Offering once it is shared?
Yes—once an Offering is published, edits can be made by the sharing user in real time by making required changes and publishing a new version of the Offering.
Can I share an Offering to a single recipient?
Yes
How long does it take to create and share an Offering?
1-5 minutes if the content has been prepared.
What if I want to share an Offering to some who is not a Qwincy member?
Sure thing—when you create an Offering, you can simply add an email address for recipients. Nonmembers will receive an email notification with a link to privately view your Offering.
Who can see my contact list & connections?
Only you. Contacts & connections are your private list.
Who can see my Dealspaces?
Only team members to whom you give permissions
How much does it cost to create an account?
It's free. Advanced features and consumption will be charged a subscription fee.
Can I share my Offering with everyone on the platform?
Yes—you can share your Offering with the 'Market' in the Offering Editor which will make the Offering widely available on everyone's Deal Feed under their 'Market' tab
Can I require an agreement such as an NDA to be signed before viewing an Offering?
Can I create a Dealspace for any type of real estate deal?
Yes—Dealspaces make be created for Investments, Developments, Loans, Listings, Projects, Engagements and more. Basically any property related endeavor.
Can I give team members access to all my Dealspaces?
Yes—Dealspaces are organized in Groups and you may provide permissions to individuals to access and save to your Group.
Comparison Table
Insights
Get seen/unseen status
Access insights on time spent
Know if recipient downloads files
Privacy/security
Encrypted & Secure
Simple permission structure
Ability to disable saving
Gate Offerings with agreements such as an NDAs
Share Offerings privately or with the entire market
Connectability
Socially connected with individual profiles
Communicate directly on Offerings
Connect with nonmembers
Traceability
Track Offering deadlines
Track Offering updates
Edit Offerings in real time
Save/track geographical addresses
Visibility on who sees Offering
Collaboration
Recipient can setup a collaboration environment directly from Offering
Easy to work with portfolios, funds and assemblages