How to Sell Real Estate on Blockchain
Many aspiring real estate investors are torn between sticking to the traditional and blockchain property selling. However, selling on blockchain is easy, fast and fuss free. If you have transacted with cryptocurrencies you will realized it is easy to trade in real estate. Here is how to sell real estate on blockchain.
Before performing you first trade, it is important to understand that you first have to convert your property into a token that can be traded on a crypto exchange. You can do this by signing up with a real estate tokenization platform. The systems processes are automated and you only need to show proof of the asset ownership.
Selling Tokenized Real Estate
Unlike in the traditional property trading, the tokenized form is easy to buy and sell since every transaction is online. Once the asset value is converted into a token, investors can bit for a certain percentage of the value. The platform lists all properties and it is up to you to choose one that fits your budget and needs.
Since the asset is backed by a security token, it becomes easy for the seller and buyer to transact. It is as easy as buying crypto in an exchange. You do not have to meet for the transaction to take place. All you need is buy e-shares representing the asset value. However, convenient platforms that sell properties on blockchain should have an inbuilt crypto exchange that also exchanges fiat to avoid using third parties.
For the transaction to be successful, you need the real asset backed token. This enables you make fast, secure and immutable transactions in a transparent environment. Remember all blockchain based transactions are time stamped and recorded in a global public ledger that can be accessed by all network participants.
Real Estate Buyer Protection Guaranteed
Apart from the global exposure that selling on blockchain, real estate buyer protection is guaranteed. Use of Smart Contract algorithms ensures real estate buyer protection is guaranteed. When set parameters are met, transactions are deemed complete. Since the system is immutable there are no weak fraud points in the process.
What’s more; your asset is backed by a security token that protects you against crypto volatility and market speculation by whales in the industry. Asset classes that are backed by this type of token are US Securities and Exchange Commissions’ (SEC) favorite.
Selling Your Property? Try Blockchain
Funder One Capital, a UK based that is in the forefront of helping you sell your property on blockchain. The onboarding process is very easy and quick. It only takes you a minute to create an Ubets (USUB) crypto wallet and start getting offers from investors from across the globe.
Transactions are on the go since the platform is fully automated and accessible through your smartphone. All you have to do is tokenize your property and watch how it performs in the market. You can onboard or exit the token economy at any time; there are no strings attached.