Privacy Policy

Last updated: December 2024

1. Introduction

This privacy policy (the "Policy") describes OMGPT ("OMGPT")'s practices with respect to personal data that is collected when you access OMGPT.com (the "Site"), or access or use the OMGPT services, applications, or platform through the Site, or by any other means (collectively, the "Services"). OMGPT provides AI-powered marketing material creation tools to help commercial real estate professionals create institutional-quality marketing deliverables including offering memorandums, leasing fliers, case studies, and closed deal presentations with ease.

As used in this Policy, "personal data" means any information that relates to, describes, or could be used to identify an individual, directly or indirectly.

Applicability: This Policy applies to personal data that OMGPT collects, uses, and discloses, which may include: (i) data collected through the Services, (ii) data collected during the training of OMGPT machine learning algorithms, (iii) data collected through OMGPT's websites, and (iv) data collected from third-party sources. Third-party sources may include, but are not limited to, public commercial real estate databases, property information sources, and the public internet. When you make purchases, we use third-party payment processors (such as Stripe) to collect credit card or other financial information. OMGPT does not store your credit card or payment information, only confirmation that payment was made.

This Policy does not apply to the following information:

  • Personal data about OMGPT employees, candidates, and certain contractors and agents acting in similar roles.

Changes: We may update this Policy from time to time to reflect changes in legal, regulatory, operational requirements, our practices, and other factors. Please check this Policy periodically for updates. If any changes are unacceptable to you, you should cease interacting with us and using the Services. When required under applicable law, we will notify you of any significant changes to this Policy.

Definitions:

  • You, Your: Refers to the individual accessing or using the Services, or the company or other legal entity on behalf of which such individual is accessing or using the Services, as applicable.
  • Company, We, Us, Our: Refers to OMGPT
  • Usage Data: Refers to data collected automatically, either generated by the use of the Service or from the Service infrastructure itself (for example, the duration of a page visit).

OMGPT is committed to protecting your personal data and ensuring that your privacy is respected. If you have questions or concerns about this Policy or your personal data, please contact us through the contact information provided on our Site.

2. Information We Collect

OMGPT collects a variety of information to provide and improve its Services. Personal Data includes information you provide directly, such as your email address, user name, organizational details like your company title, and property descriptions, investment analysis queries, marketing material content, and messages input into the Services. We may also collect technical information, including your IP address, usage data, and data gathered through tracking technologies like cookies. Additionally, we collect information you share through surveys or communications with OMGPT.

Usage Data is automatically collected and includes details about your device and browsing activity, such as browser type, operating system, and screen resolution, as well as information about the features of the Services you use, the duration of usage, and the pages or functionalities accessed. Tracking technologies such as cookies and web beacons are employed to monitor user activity, improve the user experience, deliver personalized content, and ensure functionality. You may control or delete cookies through your browser settings; however, disabling cookies may impact certain functionalities of our Services.

OMGPT uses the collected Personal Data for multiple purposes, including providing, maintaining, and enhancing our Services, managing your account and access to functionalities, and fulfilling contractual obligations such as purchases or other agreements. We may contact you via email, phone, SMS, or app notifications to share updates, security alerts, or Service-related information. Additionally, we may provide you with news, promotions, and information about products and services similar to those you have purchased or inquired about, unless you opt out.

Your data is also used to respond to inquiries, support requests, and feedback, as well as to evaluate or execute business transactions such as mergers or acquisitions. We analyze data to identify usage trends, assess the effectiveness of promotional campaigns, and enhance our Services, marketing strategies, and user experience. We may also use your information to ensure compliance with applicable laws and enforce our policies.

OMGPT is committed to safeguarding your data and using it responsibly to provide you with a seamless and secure experience. If you have any concerns or questions regarding how we handle your data, please reach out to us through the contact information provided on our website.

3. How We Use Property Information

As part of our commercial real estate marketing material creation services, OMGPT processes property descriptions, financial data, tenant information, and other commercial real estate details that you provide. This information is used to:

  • Generate AI-powered property analysis and investment insights
  • Create professional marketing materials including offering memorandums, leasing fliers, case studies, and closed deal presentations
  • Provide content guidance and customization features
  • Integrate and categorize uploaded property images and assets
  • Improve our AI models and service quality

We understand that commercial real estate information can be sensitive and confidential. OMGPT implements appropriate security measures to protect property data and does not share specific property information with third parties except as necessary to provide our Services or as required by law. Property descriptions and marketing materials generated through our platform remain your property and are not used to create competing analyses for other users.

4. Information Sharing

OMGPT may share your personal information in the following situations to provide and improve our commercial real estate marketing services:

  • With Service Providers, Third-Party Vendors, and Business Partners: We may share your personal data with these entities to perform tasks on our behalf, such as processing AI analysis, providing customer support, processing payments, and improving our Services. These providers are contractually obligated to protect your data.
  • For Business Transfers: If OMGPT is involved in a merger, acquisition, financing, or sale of assets, your personal data may be transferred as part of that transaction.
  • With Your Consent: We may disclose your personal data for other purposes with your explicit consent.
  • With Law Enforcement and Legal Obligations: OMGPT may disclose your personal data if required to do so by law or in response to valid legal requests from public authorities (e.g., court orders). Where permissible, we will notify you of such requests.
  • To Protect Rights and Prevent Harm: We may share data to comply with legal obligations, protect the rights and property of OMGPT, investigate potential misconduct related to the Services, and ensure the safety of users and the public.

OMGPT retains personal data only as long as necessary for the purposes outlined in this Policy, including compliance with legal obligations, resolving disputes, and enforcing agreements. Usage Data may be retained for a shorter period unless it is used to enhance security or improve functionality.

Your personal data may be processed in locations outside your state, province, or country, where data protection laws may differ. By using the Services and submitting your data, you consent to its transfer. OMGPT ensures that all transfers are secured and compliant with applicable regulations, employing adequate controls to safeguard your information during processing.

5. AI Training and Model Improvement

OMGPT uses machine learning and artificial intelligence to provide property analysis and marketing material generation services. To improve our AI models and service quality, we may use aggregated and anonymized data from user interactions. This helps us:

  • Enhance the accuracy of property analysis algorithms
  • Improve the quality of generated marketing content across all document types
  • Develop new features and page types
  • Optimize content guidance and customization capabilities

We do not use identifiable personal information or specific property details to train our models in ways that would compromise your privacy or confidentiality. All data used for AI training is processed in compliance with this Privacy Policy and applicable data protection laws.

6. Children's Privacy

OMGPT's Services are designed for commercial real estate professionals and are not directed at children under the age of 13. We do not knowingly collect personally identifiable information from children under 13. If you are a parent or guardian and you become aware that your child has provided us with personal data, please contact us immediately. Upon verification, we will take prompt action to delete such data from our records and servers.

In jurisdictions where parental consent is required for processing the personal information of minors, we may request parental consent before collecting or using such data. Parents are encouraged to monitor their children's online activities and ensure they are not using services or platforms without appropriate permissions. OMGPT remains committed to compliance with applicable laws designed to protect children's privacy online.

7. Links to Other Websites

Our Service may include links to external websites or services that are not operated or controlled by OMGPT. This may include links to commercial real estate databases, property information sources, or other professional services. If you click on a third-party link, you will be directed to that third party's site. We strongly recommend that you review the Privacy Policy of every website you visit to understand their data collection and usage practices.

Third-party sites and services, including commercial real estate platforms or other property data services accessed through our Services, operate independently and may have their own privacy policies and data practices. OMGPT is not responsible for the content, privacy policies, or practices of these third-party websites or services. We disclaim all liability for any issues that may arise from your interactions with external websites. By interacting with third-party services, you acknowledge and accept that any data shared with them is subject to their respective policies, not this Privacy Policy.

8. Data Security

OMGPT implements appropriate technical and organizational security measures to protect your personal data against unauthorized access, alteration, disclosure, or destruction. This includes encryption of data in transit and at rest, secure server infrastructure, access controls, and regular security assessments. Given the sensitive nature of commercial real estate information, we employ additional safeguards to protect property data and financial information.

However, no method of transmission over the Internet or electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your personal data, we cannot guarantee absolute security. You acknowledge that you provide your personal data at your own risk.

9. Your Rights and Choices

Depending on your location and applicable laws, you may have certain rights regarding your personal data, including:

  • The right to access and receive a copy of your personal data
  • The right to rectify or update your personal data
  • The right to erase your personal data in certain circumstances
  • The right to restrict processing of your personal data
  • The right to data portability
  • The right to object to processing of your personal data
  • The right to withdraw consent where processing is based on consent

To exercise any of these rights, please contact us through the information provided on our website. We will respond to your request in accordance with applicable law. Please note that some rights may be limited by applicable law or our legitimate business interests.

If you are an EU/EEA resident, you have additional rights under the GDPR, including the right to lodge a complaint with a supervisory authority. If you are a California resident, you have rights under the CCPA/CPRA, including the right to know, delete, or opt out of the sale of personal data.

10. International Data Transfers

OMGPT operates globally and may transfer your personal data to countries other than your own. These countries may have different data protection laws than your jurisdiction. When we transfer personal data internationally, we implement appropriate safeguards to protect your data in accordance with applicable law.

11. Data Retention

We retain your personal data for as long as necessary to provide our Services, comply with legal obligations, resolve disputes, and enforce our agreements. Specific retention periods include:

  • Account information: Retained while your account is active and for a reasonable period after closure
  • Property analysis and marketing materials: Retained as long as necessary to provide ongoing access to your created content
  • Usage data: Typically retained for 12-24 months unless longer retention is required for security or improvement purposes
  • Payment information: Retained as required for tax and accounting purposes

12. Policy Changes

We may change this Privacy Policy from time to time. If we do, we will let you know by revising the date at the top of the policy. If we make a change to this policy that, in our sole discretion, is material, we will provide you with additional notice. We encourage you to review the Privacy Policy whenever you access or use our Services or otherwise interact with us to stay informed about our information practices and the ways you can help protect your privacy. If you continue to use our Services after Privacy Policy changes go into effect, you consent to the revised policy.

13. Contact Information

If you have any questions about this Privacy Policy or our data practices, please contact us through the contact information provided on our website. We are committed to addressing your concerns and ensuring your privacy rights are protected.