Invech Holdings, Inc. (OTC PINK: IVHI) announced its entry into the real estate market through the acquisition of Paragon Rentals AI, including its software code, front end, backend, and admin panel. The company filed an 8K with the SEC detailing the asset purchase, which can be viewed at SEC filing. This move marks a strategic expansion for Invech Holdings, which traditionally focuses on SaaS and application development.
Paragon Rentals AI is a platform designed for property rentals, operating on a seller subscription-based model. Sellers can list properties with 0% commissions, while buyers pay a flat rate of $5 per booking plus payment processing fees and the booking cost. The platform is ready for open beta testing, and the company aims to tap into the realtor market to secure agency listing contracts.
CEO and majority owner Alexander M. Woods-Leo stated, “This acquisition allows the business to utilize a SaaS platform to expand its business opportunities and sector reach. Paragon Rentals AI is ready for open testing on an open beta scale. The subscription business model, where rental companies can list at fractional competitor costs, enables them to increase profit margins substantially.”
Invech Holdings, headquartered in Wyoming, provides services including FINRA corporate filings, drafting incorporation and corporate documents, OTC Markets Disclosure Statements, and general public company compliance. The company also develops its own SaaS platforms and invests in other platforms. It has recently launched a new X account (@InvechHoldings) and updated its website at www.invechholdings.com to share filings, news, and product updates.
The acquisition underscores Invech Holdings' strategy to leverage its SaaS expertise in new verticals. By offering a low-cost alternative to traditional real estate commission models, the company positions itself to disrupt the rental listing market. However, forward-looking statements in the press release caution that actual results may differ due to market acceptance, competition, and other risks.
