Technology aids buying, selling properties: Virtual data rooms can speed transactions while providing security and easy access

摘要

When buyers recall their past acquisitions, they might remember how unpleasant it was the last time they tried to acquire a property from an unprepared seller. The seller's team might have been long on data, with all of the production, geological, land, and well data a buyer could want. But the deal was short on analysis, with a poorly organized data room that made buy-side due diligence difficult.