For sellers

List on receipts,
not narrative.

The buyers who close don't trust the proforma anyway. Skip the song and dance: list on real T-12 data, match with verified capital privately first, and let the GL do the talking.

The seller workflow

From upload to under contract.

01
Free T-12 health check

Drop your trailing twelve. We grade the data quality and flag the items that will scare away serious capital, before you list.

02
Private buyer-pool match

Before going public, we match your asset against active buyer boxes. See real demand, real check sizes, before signing the listing agreement.

03
NDA-gated data room

Buyers e-sign to unlock the full vault. Auto-approve verified buyers, or review each request manually. Every download is logged.

04
Monthly KPI recompute

Connect your PM software. RTOM rolls the trailing-twelve forward every month. Buyers see the real number, you don't update a spreadsheet.

Anatomy of a listing

Every field is sourced from the GL.

Active · Phoenix, AZ

Camelback 124

124 units · Built 1986 · 92,400 sf

Asking

$18.4M

$148,387 / unit

Cap rate

5.82%

DSCR

1.34

Occupancy

94.3%

NOI T-12

$1.07M

NOI · trailing 12 · hover to scrub

Apr · $1020K

NDA required for full vault No proforma
  • Cap rate from real GL. No proforma assumptions.
  • T-12 NOI, recomputed monthly when rent hits the bank.
  • NDA gate before the full data vault unlocks.
  • Zero proforma fields. Anywhere on the platform.

This is the entire product.
No daydreams attached.

Every cell on every listing card derives from a recorded GL entry, a signed lease, or a verified loan term. There is no field on RTOM that we cannot source back to a receipt.

Anomaly detection

We catch what no other CRE platform catches.

Fifteen detectors across four framings. Critical flags can't slip through silently — the seller writes a disclosure or the listing can't go online.

Critical · blocks publishFlaggedNote

Missing months

Structural

Negative-NOI month

Structural

No OpEx (< 30%)

Structural

No tax line

Structural

No insurance line

Structural

Expense spike (3× median)

Time-series

Revenue dip

Time-series

Occupancy decline (3 mo)

Time-series

Rent-lift pre-list

Time-series

NOI volatility (CV > 0.4)

Time-series

Taxes lumpy

Time-series

Misc income > 5%

Disclosure

Misc-income line opaque

Disclosure

Thin chart of accounts

Disclosure

No management fee

Disclosure

Defense in depth

Three layers, one verdict.

  1. 01Parse-time (Layer A) runs on the trailing-twelve at upload, blocks publish until critical anomalies have a written disclosure
  2. 02GL-import (Layer B) runs on category data once the chart of accounts loads, surfaces "missing categories" and "lumpy accruals"
  3. 03Frozen at listing time: buyers see the same flags the seller saw the day they listed, plus the seller's verbatim disclosure

The RTOM Trust Score

One number for "is this listing actually verified."

Filter for Gold-only when capital is scarce. Trust the rest of the disclosure to do the talking.

Gold85-100

Verified T-12 + rent roll + OM + fresh data + debt disclosed. The full disclosure stack.

Silver60-84

T-12 verified plus most supporting docs. Solid disclosure; one or two gaps the buyer can probe.

Bronze35-59

T-12 verified but thin on docs. Buyers see what's present and what's not.

How we score

100 points across 7 signals. The T-12 carries the most weight by far.

  • Verified T-12+35
  • Rent roll uploaded+15
  • Data freshness (last 4 mo)+15
  • Offering memorandum+10
  • Photos (3+)+10
  • Debt disclosed+10
  • Survey on file+5

Structured negotiation

Multi-round counters with a phone-reveal handshake.

No more "the broker emailed me a counter at 11 PM with no terms." Every round is logged, every side sees the full history.

Negotiation history · Camelback 124

  1. B

    Round 1 · Buyer

    $17.8M

    Initial LOI · 30-day close, financing + inspection contingencies

  2. S

    Round 2 · Seller

    $18.4M

    Counter · ask + asking price holds; 21-day close acceptable

  3. B

    Round 3 · Buyer

    $18.1M

    Counter-back · split the difference; 25-day close, drop inspection contingency

  4. S

    Round 4 · Seller

    $18.1M

    Accepted ✓

Phone numbers revealed

Both sides flipped the reveal toggle. Contact info exchanged. RTOM steps back — close it directly.

01 · Counter rounds

Every counter is a new LOI row in a parent-chain. Each round carries a price, terms, contingencies, target close, AND a required message explaining the counter. Both sides see the full chain as a vertical timeline.

02 · Atomic state machine

A Postgres RPC validates the caller is the right party (seller counters buyer; original buyer counters seller's counter), inserts the new round, and flips the prior round to "countered" atomically. No race conditions, no half-states.

03 · Phone-reveal handshake

Once an offer is accepted, either side can reveal their phone. When both have revealed, RTOM exposes both phones to both parties and flags the deal as off-platform. We stop mediating; you close it.

Buyer revealsSeller revealsBoth phones unlock

Seller FAQ.

Stay close

Considering a sale? Talk to us.

No pitch, no listing pressure. We'll grade your T-12 and tell you what real buyers will pay.