Frequently Asked Questions

Sellers

  • Selling a fraction of your home means you sell a share of the property's ownership to multiple buyers. This allows you to unlock equity from your property while retaining partial ownership and usage rights. The process is managed through our platform, which handles marketing, connecting with potential buyers, and managing the sale.

  • By selling a fraction of your home, you can access some of your home's equity without having to sell the entire property. You also maintain some ownership and the right to use the property, potentially earning income from your share while still enjoying it yourself.

  • The value of each fraction of your home is determined based on the current market value of the property, similar properties in the area, and other factors like location and amenities.We work with independent and real estate professionals to ensure an accurate valuation, helping you set a fair price for each share.

  • Our platform connects your property with a community of potential buyers interested in fractional ownership. We handle all marketing efforts, such as listing your home, creating promotional materials, and reaching out to our network, to find qualified buyers. Once buyers express interest, we manage the sale process from start to finish.

Agents

  • Faction will offer agents a commission for selling the home and a referral commission on the sale of any factions that are re-sold.

  • Your level of involvement can vary depending on your preferences and the needs of your clients. Our platform handles much of the administrative and marketing work, but we rely on agents for their expertise in showing properties, advising clients, and facilitating negotiations.

  • This depends. Some buyers will want to see the home sight unseen. We will put together a video of each property and seek to facilitate remote purchases to reduce the amount of viewings.

  • Fractional ownership works best for high-demand vacation homes, luxury properties, or homes in desirable locations like Byron Bay. Properties that appeal to those looking for a second home or a vacation property but do not want the full-time commitment or cost of sole ownership are ideal candidates.

Contact us for further questions.

Hello@joinfaction.com

Paterson Street, Byron Bay, NSW 2481