The philosophy behind Bartercard Property
Bartercard Property was launched in July 2003 to provide Bartercard members with a dedicated marketing platform to offer real estate, businesses, investments, and vehicles and boats for sale to other members.
Bartercard Property also provides an environment that enables members to negotiate and complete successful transactions. It provides the procedures to facilitate the transfer of trade dollar funds from purchaser to vendor, operates a Trust Account, and will act as Stakeholder on behalf of parties to a transaction if requested.
In recent years, a vendors’ willingness to accept a portion of the sale price in Trade Dollars has often provided the difference between negotiating a successful sale, or having the property continue to languish in the market unsold.
To date, members have completed approximately $312m in real estate sales, of which approximately T$85m has been transacted in Bartercard Trade Dollars.
The fundamental objective of the Bartercard Property Team is to assist Bartercard members to invest in real estate by using Trade Dollars as their deposit. By following this strategy, over a number of years members will achieve some, or all, of the following goals:
1. Establish a property portfolio
2. Increase their individual net worth
3. Generate a passive income
4. Enjoy financial security
5. Retire in comfort