USCONDEX Brings Online Visual Reality to Condo Locations

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Contact: Anne Kazel-Wilcox

DRAFT July 27     

Gold Coast Communications

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USCONDEX BRINGS ONLINE VISUAL REALITY TO CONDO LOCATIONS

-- Satellite Imagery of Condo Buildings Takes Guesswork out of Buying; Especially Helpful for Out-of-Area & International Buyers --

 

 

Miami, Fla. - U.S. Condo ExchangeT, LLC ("USCONDEXT"), today launched a new feature to its revolutionary online marketplace for condos, www.uscondex.com.  The exchange, where condos can be researched, negotiated and purchased online 24-hours a day from anywhere in the world in real time, announced the addition of an innovative mapping technology that allows visitors to view satellite location imagery of the more than $15 billion of condominium properties on the exchange. Gone are the days of potential buyers, unfamiliar with a location, trying to decipher street maps or "guesstimate" the location of a possible condominium home. With the new USCONDEX Map Search, would-be buyers can easily peruse a geographic area and hone in on very specific locations of interest, with every possible condo project in that area visually represented in 3-D and satellite imagery.  Buyers can zoom in on a desirable coastline to look for a condo property near to the beach, visually determine the proximity of a condo to an international airport for easy accessibility, search for a city center residence near to all the action, or determine just how close the nearest golf course is to a potential condo home. The state-of-the-art online real estate feature is expected to be particularly helpful to the large number of international buyers who continue to seek vacation properties in the U.S., but are unfamiliar with local territory, as well as out-of-area buyers looking to familiarize themselves with an area of potential investment.    

 

"USCONDEX is incorporating every conceivable online tool to make buying a condo as streamlined as possible," said James Haft, Chief Financial Officer of U.S. Condo Exchange. "Out-of-area buyers no longer have to imagine a condo location, but instead can get up close and personal without ever leaving home. We're taking the guesswork out of the condo buying decision."

 

USCONDEX Map Search can visualize thousands of pre-construction and move-in condition condos throughout the State of Florida, with additional locations in coming months to include Las Vegas, New York, Los Angeles, San Diego, Washington D.C., Boston, Houston, Seattle, Chicago and Philadelphia. Visitors simply go to the Buyer section of the web site, and click on the Map Search option on the top left. Potential buyers can then designate a city of interest and condos meeting their desired criteria will be illustrated.

 

Buyers have the option of viewing the condo on a map, which can be zoomed in or out to show street names, nearby malls, performing arts centers, parks, golf courses, marinas and more. Alternatively, they can view a satellite map that gives an aerial perspective of a condo location and all of its surroundings. For the best of both worlds, visitors can select a Hybrid option that combines the street map with satellite imagery, while highlighting the condo's location. By simply clicking on a particular condo icon, additional property and price details pop-up, with a full description providing almost every conceivable property detail available at the touch of a finger.

 

"USCONDEX is receiving an extraordinary reception from developers, consumers and brokers around the nation, but we're not stopping there," added Richard Swerdlow, Chief Executive Officer of U.S. Condex. "We will continue to add interactive innovations that make the exchange the most sophisticated avenue ever for buying a condo, while keeping it easy to navigate at the same time. The way people buy and sell condos will never be the same again."        

 

USCONDEX, which plans to be "the eBay of the condo market", is dedicated to revolutionizing the buying and selling of condominiums. Three significant factors distinguish the exchange: First, transactions can be consummated completely online in real time at www.uscondex.com. Second, USCONDEX is dedicated exclusively to the condominium industry, setting the exchange apart from the majority of online real estate sites which mix various real estate property types. Third, USCONDEX already has over US $15 billion of condo inventory directly onsite with billions more in the works.

 

USCONDEX offers exhaustive research capabilities for the most educated purchase possible. In addition to the new mapping technology, the online exchange offers a vast array of resources including everything from condo buying tips, comparative market studies, an affordability calculator and mortgage pre-qualification, to information on pre-construction investing, 1031 exchanges, a metric converter, a currency converter and even assistance in relocating or complying with income tax declarations for non-residents. Virtually every possible piece of data is available on-site at USCONDEX for informed decision making.

 

After its nationwide rollout, plans for a EuroCondex, AsiaCondex and LatAmCondex (Latin America) are expected to follow.  

 

USCONDEX was founded by principals of Miami-based Swerdlow Group, one of the preeminent real estate development firms in the Southeastern U.S., and Pacific Alliance Limited, LLC, a New York-based merchant bank specializing in e-commerce, communications businesses, technology and emerging markets. The exchange, www.uscondex.com, brings together buyers, sellers, brokers and developers to one central marketplace where condos can be researched, negotiated and purchased 24-hours a day from around the world. USCONDEX offers buyers and brokers exhaustive research capabilities to make educated purchases; it provides sellers cost-effective access to a large and targeted, worldwide customer base; and it offers developers and financial intermediaries objective online real time marketing tools and data for condo development and underwriting decisions. The firm's offices are located in Miami and New York City.

 

 

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