What are REITs?
An REIT is a company that owns, operates and/or finances property assets. It generates a steady stream of income for investors, typically in the form of rents. REITs invest in most real estate property types, including but not limited to apartment complexes, cell towers, data centres, hotels, medical facilities, offices, retail centres and warehouses.
- Equity REIT
- Mortgage REIT
- Hybrid REIT
- Private REIT
- Publicly traded REIT
- Public non-traded REIT
Automate shareholders' dividends to have smooth transactions through and through
ProtectPay Escrow solution can be used by certified REIT enterprises who have many real estate properties in their diverse portfolio and shareholders earning dividends best suited to their needs.
- Manage multiple escrow accounts
- Automated fee deduction from rent/services charges
- Manage all contracts with tenants & investors
- Real-time notifications on email & SMS
(1) Manage multiple virtual escrow accounts for tenants/shareholders
As a REIT enterprise, you will be able to create countless VEA for each of your real estate properties as well as shareholders/investors without any registration fees! Lets say you have 100 real estate properties in your portfolio, have 2000 tenants in total, and 5000 investors/shareholders. Manage all these escrow accounts from all-in-one smart dashboard! *VEA means Virtual Escrow Account
- Create VEA for new properties/investors
(2) Manage all your contracts from single interface
As a REIT enterprise, you will be able to manage/renew multiple contracts with tenants/shareholders according to agreed terms between you both. If you have 2000 tenant contracts from 100 properties (each with different specifications and terms) the trustee will follow the terms mentioned and automate deductions every single time.
- Automated fee deduction according to terms in each contract
(3) Get real-time finance analytics to optimise your workflow
As a REIT enterprise, you will be able to see where exactly your money comes from and goes to, and be able to take level-headed decisions to optimise the workflow as much as possible. Find out which real estate properties attract most investors and dividends and tweak your marketing or real estate acquisition objectives accordingly.
- Export reports in CSV format
(4) Different levels of user access and permissions
If you have several people who need access to the smart dashboard, then we customise the user level permissions according to your need. Some examples of users may be: admin, tenant, shareholder etc.
- White-label solution available
| Escrow service provided |
|---|
| Create multiple VEA for free |
| Manage all VEA from one dashboard |
| Turnaround time |
| Manage all contracts from one dashboard |
| Gather business insights |
| User level access |
| Escrow service charges |
| Traditional escrow |
|---|
| not possible |
| not possible |
| 4-12 weeks |
| not possible |
| not possible |
| not possible |
| "something" |
| ProtectPay Digital Escrow |
|---|
| YES |
| YES |
| 24 HRS |
| YES |
| YES |
| CUSTOMISED |
| CUSTOMISED |
You can find all the thing you need to payout
Our Smart Dashboard is the definition of accessibility. Add any number of payees and create virtual escrow accounts with ease. All your pay-ins and pay-outs are highlighted here. Complete transparency coupled with easy usage is all you need to get going with the safest transactions ever.
Your money is safe with us
Trusteeship Assurance
Our trustee is the universal custodian of funds who will be overlooking all transfers as per agreed terms.
Two-Factor Authentication
All money transfers happen ONLY if both parties approve the payment.
KYC & KYB Verification
When both the parties get authenticated through Aadhar KYC (individuals) or the KYB(businesses) process, the chances of frauds are negligible & easy returns are possible.