Exploring a marketplace for future real estate opportunities

Own the last opportunity.

Last Shot is developing a marketplace where owners could auction a Last Right of Refusal (LRR): a contract giving its holder a final opportunity to make an offer if the owner later chooses to sell.

Imagine the house next door: you want the opportunity to buy it someday, even though its owner is not selling today.

Owners: could monetize future interest without selling today.   Buyers: could pay for a future purchase opportunity—not ownership of the property.

Join for development updates and an optional research questionnaire. Privacy notice

You keep your propertyYou decide if and when to sellTransferability is being explored
Illustrative demo — no live auctions. Search and listings are previews.
Lake HomesBeach HomesLegacy PropertiesDevelopment
LRR AUCTION • 12 BIDS
LAKEFRONT • EXAMPLE LISTING

18 Lakeshore Drive

Lake Winnipesaukee, NH
CURRENT LRR BID$24,5004 days remaining
72 Ocean AvenueCape Cod, MA
$31,75019 bids
241 Main StreetGreater Boston, MA
$16,2008 bids
EXAMPLE ACTIVITY39 bidsacross example auctions
Illustrative marketplace preview. Listings and bids shown are examples.
How it works

One property. A new way to capture demand.

You're not listing the property for sale. You're creating a market for the last opportunity to buy it if you eventually do.

1

List the Last Right

Under the proposed model, an owner would auction a contract for a final opportunity to make an offer if they later choose to sell.

2

Buyers compete

Interested buyers would bid for the contract. The proposed auction would award the LRR to the highest qualifying bidder.

3

Owner gets paid

The owner would receive payment for the LRR while keeping the property. Granting the LRR would not itself require a sale.

4

The last opportunity

If a qualifying sale is proposed, the holder would have a final opportunity to make an offer—or pass—under the agreement. Timing and offer requirements are still being developed.

For property owners

Unlock demand before you sell.

Someone may already want your property even though you have no intention of selling today.

  • Potentially receive payment while keeping the property
  • Keep control over whether and when you sell
  • Let the market price the opportunity
  • Potentially participate when the LRR is resold
I'd consider listing a LRR
For buyers

Some properties are worth waiting for.

The lake house. The home next door. A childhood home. A missing development parcel. A house in a neighborhood where nothing comes up for sale.

A future opportunity, with real uncertainty.

The owner might never sell. Buying a LRR would not buy any share of the property, guarantee a purchase, or pay toward the property price unless the agreement says so. A later property purchase would be a separate transaction.

I'd consider buying a LRR
Illustrative demo — no live auctions

Search for opportunity before the “For Sale” sign goes up.

LAKEFRONT • LRR AUCTION

18 Lakeshore Drive

Lake Winnipesaukee, NH

Current bid

$24,500
12 bids • 4 days remaining
OCEANFRONT • LRR AUCTION

72 Ocean Avenue

Cape Cod, MA

Current bid

$31,750
19 bids • 2 days remaining
DEVELOPMENT • LRR AUCTION

241 Main Street

Greater Boston, MA

Current bid

$16,200
8 bids • 6 days remaining

Illustrative listings only. The marketplace is in development.

Exploring transferability

Could the opportunity be transferred?

Where permitted by the agreement and applicable law, a holder could potentially relist the contract for auction. Transferability and resale demand are not guaranteed. As interest in the underlying property changes, the market can continue discovering what that right is worth. The proposed marketplace may also allow the property owner to participate economically in subsequent transfers.

Behind Last Shot

A concept being built with your input.

I’m Michael Mahoney, the person developing Last Shot Real Estate. I’m testing whether owners and interested buyers see value in a market for future purchase opportunities. This is a concept-stage project; there are no live auctions, and the agreements, fees, and marketplace mechanics are still being developed.

Give feedback or contact the founder
Early access

Would you use it?

Whether you own a property someone might want—or there's a property you don't want to miss—we want to hear from you.

What are we missing?

You do not need to join the list to critique the idea. Tell us what is confusing, what concerns you, or what would make this useful.

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