ARENCORES is one of the very few firms in Crete that preserves and maintains passive real estate properties. The company allows real estate sellers to list their properties in a private database to assess property value, market price fluctuations, selling potential, risks and many other parameters.
Passive Real Estate Investment can come in the form of Passive Real Estate Listing Trusts (PRELTs). PRELTs are attractive and efficient real estate opportunities because they have the supplementary benefit of being lower risk in terms of the seller making decisions and property exposure.
Property sellers are actually investing in property appraisal and identification of the selling potential, rather than putting their property directly on the market with a standard price.