BrickX Price Alerts help you aim for your right price.
Just like other investment options, the price of a Brick in a BRICKX property can fluctuate. This is due to many different factors, such as supply and demand, and changing underlying property value.
If you are looking to buy Bricks, you generally have an ideal budget in mind of how much you plan to spend, and that budget will go further if Bricks are available at a great price.
Our Brick prices update live as Bricks are listed for sale, and as much as we would love you spending hours on our BRICKX Platform, we know that no one has that kind of time. So, to help our
Investors, we offer a handy automatic alert system which will tell you when a Brick reaches the price point you set. Please remember that this is simply an alert and does not guarantee you will be able to purchase Bricks at this price point.
How do BrickX Price Alerts work?
Once you set a price alert on a particular BRICKX property, you will be notified between the hours of 7am to 9pm (AEST or AEDT depending on the time of year) via text and email when there are Bricks available at or below the price you are looking for. This should give you an increased opportunity to purchase a Brick at the ideal price you had in mind. Simple and convenient!
Because we don’t want to flood you with messages, we will only alert you once every 72 hours, per BRICKX property.
Why between 7am and 9pm?
While the BRICKX platform is still active outside of those times, the alerts are not sent because we don’t want to disturb you while you sleep. After all, everyone likes their rest.
If a Brick from a BRICKX property is listed at or below your set price outside of these hours, you will be notified come 7am the following day if it’s still available and at the right price.
How do I set this up?
It’s easy to set up Price Alerts both on your desktop or mobile. Setting up a price alert on your mobile can be done in just three easy steps.
- Log into your account, click the menu and select ‘My price alerts’
- Select the property you want to be alerted about
- Set your price and hit save.
How do I set my price?
Well, that’s completely up to you! Only you know how much you have to spend, and what you believe is a good price.
However, if you set your ideal price too low, you may never hear from your alert. This is why you cannot set your price below 20% of the Initial Brick Price or current Brick Valuation.
If you want to do a little more research, you can always head to the property’s summary page and look at the Initial Brick Price, as well as the price of recent transactions (see example below). This will give you an approximate indication as to current and previous prices and you can set your ideal price alert based on this information.
Can I have several price alerts set up at once?
While it is one per BRICKX property, you can have many set up at once, spanning several BRICKX properties at a time. This way, you can have an active price alert for each one you are interested in investing in, then make your best choice based on your circumstances and budget when one of them notifies you.
All of this can be accessed within your account, by clicking on the ‘My Price Alerts’ option.
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