Software Alternatives, Accelerators & Startups

Open Listings VS Ark7

Compare Open Listings VS Ark7 and see what are their differences

Open Listings logo Open Listings

Buy a home without a real estate agent.

Ark7 logo Ark7

Choose a property and invest in shares
  • Open Listings Landing page
    Landing page //
    2022-01-03
  • Ark7 Landing page
    Landing page //
    2023-03-13

Open Listings features and specs

  • Lower Commission Fees
    Open Listings typically offers reduced commission fees compared to traditional real estate services by allowing users to work more independently in the home buying process.
  • User-Friendly Platform
    The platform provides an easy-to-use interface for searching homes, making it accessible for users to browse listings, schedule visits, and manage their offers online.
  • Streamlined Process
    Open Listings aims to simplify the home buying experience by consolidating necessary steps into a digital platform, allowing for greater efficiency and control.
  • Rebate to Buyers
    Buyers using Open Listings can receive a rebate on the commission, which can be a significant savings compared to traditional real estate transactions.

Possible disadvantages of Open Listings

  • Limited Personal Assistance
    Because Open Listings focuses on a digital-first approach, buyers may have less access to personalized, face-to-face assistance and guidance throughout their purchase.
  • Market Limitations
    Open Listings operates in a limited number of markets, which may restrict availability for buyers who are interested in properties outside of those areas.
  • DIY Approach Requirements
    The platform assumes a certain level of comfort and expertise from users to manage their own search and purchasing process, which may not be ideal for first-time buyers or those less familiar with real estate.
  • Less Traditional Experience
    Buyers who prefer the traditional home-buying experience with more hands-on involvement and relationship-building with their agent may find Open Listings' approach too impersonal.

Ark7 features and specs

  • Real Estate Investment Access
    Ark7 allows individuals to invest in real estate properties with relatively small amounts of capital, making it accessible to a broader range of investors who may not have the resources to invest in properties on their own.
  • Fractional Ownership
    Investors can purchase fractional shares of properties, diversifying their portfolios across multiple real estate assets, which can help in spreading risk.
  • Passive Income
    Ark7 provides a passive income stream through rental yields, which is distributed to investors based on their share of ownership.
  • Expert Property Management
    Properties listed on Ark7 are managed by experienced professionals, which can relieve investors from the day-to-day responsibilities of property management.
  • Transparency
    Detailed information on properties, including financials and performance metrics, is provided, allowing investors to make informed decisions.

Possible disadvantages of Ark7

  • Liquidity Issues
    Real estate investments through Ark7 may lack liquidity, meaning investors might find it difficult to sell their shares quickly.
  • Market Risks
    Investments are subject to real estate market fluctuations, which can affect property values and rental income.
  • Fees
    Ark7 charges various fees, such as management and transaction fees, which can eat into the returns of an investor.
  • Holding Periods
    Investors might be required to hold their investments for a certain period, limiting flexibility and quicker access to invested funds.

Analysis of Ark7

Overall verdict

  • Overall, Ark7 is considered a reputable option for those interested in diversifying their investment portfolios through real estate without the need to manage properties directly. However, like any investment, it involves risks, and potential investors should conduct thorough research.

Why this product is good

  • Ark7 is a fractional real estate investment platform that allows users to invest in property shares, making real estate more accessible to individuals who may not have the capital to purchase entire properties. It offers an easy-to-use interface, transparent fee structures, and a variety of investment options which can be appealing for both novice and experienced investors.

Recommended for

  • Individuals interested in real estate investment without the need to manage physical properties.
  • Investors looking to diversify their portfolios with fractional ownership of real estate.
  • Those seeking a user-friendly platform that provides transparency and variety in real estate options.

Open Listings videos

Open Listings - How it Works

Ark7 videos

No Ark7 videos yet. You could help us improve this page by suggesting one.

Add video

Category Popularity

0-100% (relative to Open Listings and Ark7)
Fintech
23 23%
77% 77
Web App
30 30%
70% 70
Investing
19 19%
81% 81
Tech
100 100%
0% 0

User comments

Share your experience with using Open Listings and Ark7. For example, how are they different and which one is better?
Log in or Post with

What are some alternatives?

When comparing Open Listings and Ark7, you can also consider the following products

Hutsy - Make an all cash offer on your next home

Peerstreet - Finances real estate through a form of crowdfunding.

The Future of Real Estate - A guide for buying real estate

RealtyShares - Real Estate Investing in 20 Minutes

Riley - A personal assistant for apartment hunting

Cash Flow Portal - Real-estate syndication software that accelerates capital raising. We make it easy for GPs to raise money, streamline operations, and reach investors to win more deals than ever before.