CoeqWEty


                       

Empowering cooperatives by taking the friction out of fractional co-ownership  ™

CoeqWEty IS A COMMUNITY PLATFORM TO SEAMLESSLY CO-INVEST, SELL, USE, EXCHANGE, OR LEASE VACATION HOMES, INVESTMENTS, AND ACTIVE LIFESTYLE ASSETS.

CoeqWEty's purpose is to massively enable asset co-ownership ventures by empowering cooperatives of people to form and realize shared dreams.

Our platform enables co-ownership processes around acquisition & enjoyment of real & personal property portfolios for pleasure or investment.

Members can seamlessly:
      •  Discover other parties with common dreams
      •  Collaborate on target properties with common characteristics
      •  Identify properties for acquisition
      •  Agree on operating ownership usage, restrictions, and conditions
      •  Close on identified properties
      •  Enjoy and continue management of properties

TODAY’S PROBLEM

Families need to rejuvenate their souls in this high-pressure world. Millennials need wealth creation strategies and fulfill their passions. Boomers desire to have a portfolio of retirement options. Realtors and brokers want a channel of ready, willing, and able buyers for their listings in their area. CoeqWEty provides cooperative enabling platform to co-own these assets through acquisition and operation.





Today, ownership of these assets on a local level generally are through sole ownership. People invest locally with local partners such as brokers/dealers. Personal ownership of vacation homes is typically within 200 miles of an owner’s primary residence. Investment in income property is within the median of 20 miles of an owners. Active lifestyle assets are either located nearby principal or vacation home residences. Going it alone is inefficient.





Challenges and Alternatives


Alternatives to co-ownership for all these asset types come with their own challenges. CoeqWEty enables cooperatives to achieve an optimum balance of risk, time commitment, utilization, cost, wealth creation, and enjoyment.



Vacation Homes

Vacation home typically suffer from poor utilization with high recurring and opportunity costs. These issues impede your ability to continually refresh. Alternative models of ownership present their own challenges. We provide the perfect economic model to allow you to re-energize.


Income Property

Income property is a very attractive wealth creator. Active participation and management of these types of properties produces the best results over the long run. However, sole ownership requires substantial investment in time and market risk. Utilization of several commercial real estate marketplaces or traditional LLP’s can assist wealth creation. However, these products are typically not local, many serve only accredited investors, and they lack active control. They provide marketed assets to a crowd, where we allow a connected crowd to identify the preferred asset. We provide the economic model to maintain active control, reduce risk, and minimize burden.


Active Lifestyle Assets

Active lifestyle assets such as boats, RV’s, motorcycles, small craft vehicles, electric runabout vehicles, and others many times suffer even poorer economics with a depreciating asset. Wealth creation is enhanced by sharing underutilized assets and their inherent depreciation while providing you ample time to feed your passion. The alternative is usually rent/lease over buy and that doesn’t make sense in many situations. We provide the economic model to balance utilization and cost while minimizing your share of depreciating assets.


We offer a better way to create wealth, increase asset utilization, cost efficiency, reduce management burden, while having vested ownership interest with all its benefits. That's where we come in.

Where we come in

Our platform facilitates acquisition and enjoyment of co-owned assets with local cooperatives of people with the same dreams. We utilize natural business and social networks to connect people to people and enable process to discover, vote, transact, identify, acquire and maintain assets such as vacation homes, active lifestyle assets, and real estate investments.



Our platform supports the entire lifecycle of asset co-ownership acquisition and operation from formation to enjoyment to disposition. Members can define multiple dreams of different assets types, invite others in their personal network, discover others with similar dreams, form a cooperative, vote and align on all conditions important to the property and cooperative, and produce agreements to bind them. Commitment deposits from members for various lifecycle stages of cooperative asset lifecycle acquisition are supported, as well as impound of ongoing operational costs defined by budgets developed and agreed to by co-op members.





CoeqWEty takes the complexity out of co-ownership by simplifying it to the important characteristics and provisions for prospective and actual owners to agree on. There are multiple choices for each important provision such as title, exchanges, sales, usage, impounds, etc., that coops can align on through online voting. After acquisition, enjoy your property as well, we have you covered with voting on operating measures, annual budgets and impounds to reduce risk to all owners and simplify management. If an issue arises that the co-op cannot resolve, you can contact us for mediation of the dispute at an added cost or find a mediator on our platform

dream


You establish a dream by creating a goal. A goal is a multivalued value set of attributes related to its goal type.


It can be a real property goal like a vacation home or an active lifestyle goal like owning a ski boat. A group is formed through discovery and is a collection of members actively participating in a specific target goal to realize that dream.


discover


Discover families and potential partners who are compatible based upon several factors that are important to you.


Factors include: type of asset, target goal location, family profile, property characteristics, shared ownership provisions such as usage rights, method of title, level of impound accounts, restrictions on sales, exchanges and leasing.


CoeqWEty enables trusted communications, workflow, agreement preparations and fund transfers for co-owners to realize their dreams.


do


Members of groups vote to align on various factors such as the property profile, ownership terms, and specific properties. Memorandum of Understanding and Co-ownership agreements are drawn up and digitally signed to form a basis of co-ownership that can be revised as necessary.


Members can use our partner network to close and complete their investments or invite their own trusted partners(s) to the network. On- going servicing of the property enables usage scheduling, asset protection, and cost sharing funding enforcement and payment.



Our Features

Our platform and community fulfill your dreams via end-to-end asset lifecycle support enabling all the benefits of the sharing economy

100% Built for Mobile

You are not tethered to your chair in today's world. You shop, bank, and finance all from your smartphone.

Multi-asset Goals

Our platform supports co-ownership acquisition and servicing of real and personal property around active lifestyles and investments.

Co-owner Discovery and Fit

CoeqWEty allows you to bring your own members or find potential co-owners. We present a fit score based upon member profiles, lifestyle, and desired property features and provisions.

Provide Core Ownership Provisions

Every co-ownership model requires options on key provisions. Our platform provides many options on how to share usage, how to hold title, annual impounds, sales/exchange/ rental restrictions dependent upon asset type.

Event Workflow

Actions required for co-ownership and include voting , responding to invites, and completing capital calls.

E-Vote for Mutual Agreement

A co-ownership group can vote on items relevant to the stage of a property acquisition. Items include property characteristics, ownership provisions, partners, funding, acquisition and operating budgets.

Electronic Document Generation with Digital Signatures

Various co-ownership legal agreements such as a Memorandum of Understanding and Joint Ownership Agreements are prepared automatically based upon the lifecycle.

Partners in Progress

CoeqWEty has strategic partners that specialize in co-ownership models and local partners which can facilitate realizing your dream. You can sign up to be a value add partner as well as co-ownership member.

Instant ACH Verification and Automated Deposits

The platform collects deposits in trust based upon property lifecycle stage. These deposits held in trust are important for everyone as it shows commitment to fulfill the joint goal along with the agreements. The platform can validate bank accounts instantly and make required deposits.

Who are we and why do we care?

We are passionate about win-win-win relationships. We believe and are on fire about:

Vast Asset Sharing

Enabling the mass adoption of asset sharing cooperatives for vacation homeownership, real estate investments, and active lifestyle assets. Leverage sharing economy utilization, cost efficiencies, and relieve burdens of ownership.

Invest in Your Memories

Buying real estate to enjoy today for your financial future tomorrow. Enjoy a vacation home and invest for your child's college education while building fond memories. Real estate has proven to be one of the best investments over the long run.

Rejuevenate Your Soul

Providing you the opportunity to continually rejuvenate and disconnect in this high stress world. Go to that lake house, ski condo, beach home you have always wanted while building equity. Waterski, snowmobile, sail, motocross…Enjoy your active lifestyle assets in a cost effective way that makes life a persistent vacation.

Propel Market Growth

Growing the small co-owned market of Total Addressable Market of $300 Billion annually. Provide local realtors and other services to engage via an added value trusted platform

Minimize Your Risk

Minimizing the risk to all co-owner parties through mutual agreements and conservative financial principles.

A Higher Calling

We believe that customers who influence the success of cooperatives on the platform have a stake in it. We also believe in targeting opportunities for youth to apply what they know to what will grow. We believe in inspiring and growing the youth of today to breed impactful socially minded leaders and entrepreneurs.

Meet Our Team

A company is only as strong as the team behind it. Meet our team and find out why we're passionate about what we do.

Join Us

JOIN US in THE SILICON SOUTHBAY

INSPIRATION AT

CoeqWEty
565 Pier Avenue,
Hermosa Beach, CA,
90254

Contact Us

Thank you for learning about us. We want to hear from you.



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