Own the last opportunity.
A new marketplace where property owners can auction the Last Right of Refusal on their property—and buyers can compete for the final opportunity to buy it if the owner someday decides to sell.
18 Lakeshore Drive
Lake Winnipesaukee, NHOne 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.
List the Last Right
The owner auctions the contractual last opportunity to buy the property if they later choose to sell.
Buyers compete
Interested buyers bid for the LRR through an online auction. Highest bidder wins.
Owner gets paid
The owner receives the auction proceeds while continuing to own and control the property.
The last opportunity
If the property is later sold, the LRR holder can beat the seller's best bona fide offer—or pass.
Unlock demand before you sell.
Someone may already want your property even though you have no intention of selling today.
- Get paid without selling the property
- Keep control over whether and when you sell
- Let the market price the opportunity
- Potentially participate when the LRR is resold
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.
Own the last opportunity.
I'd consider buying an LRRSearch for opportunity before the “For Sale” sign goes up.
18 Lakeshore Drive
Current bid
72 Ocean Avenue
Current bid
241 Main Street
Current bid
Illustrative listings only. The marketplace is in development.
The marketplace doesn't have to end after the first auction.
An LRR holder who no longer wants the contract could relist it for auction. 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.
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.