New York, NY -- (SBWIRE) -- 05/01/2015 -- Leading New York real estate note firm Watermark Trading Exchange (http://www.WatermarkExchange.com) announced that it has added the option for note investors to join its exclusive "Buyer's Club" to get an edge in the competitive note-buying space.
Watermark Exchange is the largest trading platform in the distressed debt space for the small and retail investor with over 6,000 registered note buyers.
The biggest frustrations most note buyers have is losing bidding wars on the better assets or not seeing assets in time, and Watermark believes they will eliminate these issues for the members of this select group. Besides having access to all the notes on the Exchange, Buyer's Club members will be privy to off-market assets that aren't available to the public. This is the program that can change the game for the new as well as the professional investor.
Buyer's Club members will also receive a minimum of ten exclusive handpicked deals per year based on the members' pre-determined own criteria that suits their investment needs and an exclusive first look at assets prior to the public release on the Exchange. Among other perks included in the membership: one that stands out is the NoteWerx loan management platform, a proprietary cloud-based solution for managing your note and REO portfolio. Marc Gold, director at Watermark, responsible for the operations and marketing on the Exchange, is also the creator of NoteWerx.
"These are assets that will be provided to the Club Member with fresh Broker Price Opinion, Tax verification report, Collateral exception report, Title and Watermark's proprietary Investment Forecast Model with the 5 exit strategy analysis all of which makes the Club the best way to get through deals," said Simon Miller Vice President at Watermark Exchange, responsible for the company's acquisitions and disposition analytics. There is a membership cost but club members are refunded the full amount of their subscription after their 10th purchase in one year.
This is the first time a trading exchange in the NPL space has ever provided 'asset exclusivity' to the small and midsize investor. "We designed this exclusive club to give the serious buyers an edge over the competition so these investors are pre-paying for the right to get the best deals with all the analytics and due diligence provided," Founder & CEO of Watermark Trading Exchange Val Sotir said. "The Buyer's Club offers real deals with real ROIs and our members will get them exclusively without having to bid. We are very excited to bring this kind of stress-free transaction to the Main Street investor."
Sotir, a 23-year Wall Street veteran in the arbitrage trading and mortgage industry, said his firm expects to sell more than 5,000 notes in 2015 and his trade desk is perpetually engaged with online traffic for listed offerings. Despite their success and market presence, the Watermark team prides itself on its willingness to bring the human touch to every note transaction. Sotir recognizes that generations born prior to the digitalization of business, like him, prefer human interaction over impersonal communication online. He adamantly insists that his traders develop close business relationships with investors to fully understand their investment needs.
About Watermark Trading Exchange
Watermark Exchange is the premier note exchange in the distressed debt space for the small and retail investor. Watermark Exchange connects Wall Street institutional mortgage wholesalers with Main Street retail note buyers who are usually only able to obtain notes privately on a one-off basis. The Exchange is accommodating banks, larger hedge funds and private equity firms to sell their portfolios, creating liquidity so investors can buy more loans at much better pricing.
Visit http://www.watermarkexchange.com to register for the Note Buyers Club and view performing and non performing notes as well as 1st and 2nd liens for sale.
For questions, comments or media inquiries - contact tradedesk@watermarkexchange.com or 212-220-4044.