Invech Holdings Expands into Real Estate Technology with Paragon Rentals Acquisition

Invech Holdings, Inc. has acquired control of the Paragon Rentals platform, including its software code, front end, backend, and admin panel, according to a recent filing with the Securities and Exchange Commission. The company filed an 8K document regarding the asset purchase, which is available at https://www.sec.gov/ix?doc=/Archives/edgar/data/0001009919/000168316826001462/invech_8k.htm. This acquisition represents a strategic expansion for Invech Holdings beyond its traditional software development services into the real estate technology market.

Alexander M. Woods-Leo, CEO and majority owner of Invech Holdings, stated that this acquisition allows the business to utilize a Software as a Service platform to expand its business opportunities and sector reach. The Paragon Rentals platform is ready for open testing on an open beta scale, according to company leadership. The platform operates on a subscription business model where rental companies can list properties at fractional competitor costs, potentially increasing their profit margins substantially. Woods-Leo expressed excitement about tapping into the realtor market and potentially securing agency listing contracts for the new platform.

The Paragon Rentals platform represents a significant departure from traditional real estate listing models. It operates as a primarily seller subscription-based platform that allows sellers to pay 0% commissions for listings. Buyers using the platform pay a flat rate per booking of $5 plus payment processing fees and the booking cost. This model could potentially disrupt traditional real estate commission structures that typically charge sellers significant percentages of property values. The acquisition aligns with Invech Holdings' specialization in Software as a Service development, as the company both creates its own SaaS platforms and develops and invests in other platforms.

Invech Holdings has recently updated its corporate website at www.invechholdings.com, which will feature information about acquisitions as the company continues its expansion strategy. The company has also introduced a new social media presence on X at https://x.com/InvechHoldings where it will post links to filings, news updates, and product information. This acquisition represents a strategic diversification for Invech Holdings, which previously focused on FINRA corporate filings, drafting incorporation and corporate documents, drafting OTC Markets Disclosure Statements, and general public company compliance services. The move into real estate technology through the Paragon Rentals platform at www.paragonrentals.ai positions the company to capitalize on growing demand for digital solutions in the property rental market while leveraging its existing software development expertise.