Once a property has completed its initial offering (IPO) and all shares have been sold (10,000 shares for single-family properties and 100,000 for multi-family properties), it becomes available for trading. You can view the details of each property, including offering status (IPO vs Trading), as well as the number of shares sold, directly in the app.
Once a property moves to trading, investors can list their shares for sale at any chosen price (limit order) or opt for the market price (market order), which represents the highest buy order. Trades are executed during market hours, from 09:30 am to 5:00 pm EST, with a 2% trading fee applied to all transactions.
On Landa, you have two main ways to trade shares: market orders or limit orders.
You buy or sell shares optimizing for speed at whatever price the shares are going for right now.
You decide a predetermined price at which you want to buy or sell shares.