SmartRE : Real Estate Transactions made Easy
Real Estate is the most lucrative investment. One of the most liquid assets and even inflation doesn't affect the Real estate pricing. It is an important asset in which one should invest and diversify their portfolio. Global real estate market is on a rise $217+ trillion global real estate market. But to invest in real estate is still challenging as there are no of inefficiencies in the investment and purchase of real estate.
Mostly real estate are single owned or between few parties and with the price rising and high transaction cost only a subgroup can invest in the real estate. Also, paper work and due diligence is a big challenge. Lack of knowledge about foreign jurisdiction and cost.
Investment in real estate either require trusted fund managers and the other way is crowd lending platform in which do not get the appropriate value appreciation of their properties.
The Problems associated with Real estate
- With its tremendous size and volume, it has a lot of inefficiencies
- Non-transparent Transaction costs
- Middlemen fees
- Legal issues
- Variability of Taxes
- Skewness in information
- Fake Reviews
All these problems result in only a particular class of people to invest in real estate.
Solution to the Problems is SmartRE
- SmartRE Gives power to the individuals
- SmartRE gives power to Homeowners and buyers
Homeowners
- Distribution of value of the real assets
- Can liquidate minority equity of their homes
- When home owners sell buyers get some percentage of equity
- Homeowners can sell the part of their equity
Homebuyers
- Can invest in high demand areas which are currently difficult to buy through investment channels
- Anyone and everyone can invest
Technology used
- Blockchain platform provides the following advantages of security, tamper proof environment, transparency and low cost transactions
- Ethereum smart contracts Provide escrow facilities, Elimination of middle men and digitization of legal verifications.
All these make SmartRe an ideal platform
The Process
The SmartRE Platform will be accessible through the mobile phones, tablets and websites
The Homeowners can sell up to 49% of their equity through the platform after various check provided by the SmartRe platform the fair value of their place is calculated and the equity could be sold.The flowchart shows the Homeowners process
The Home buyer process, on the otherhand is straight forward.
The home buyer can invest in the property of his choice.Through Cryptocurrencies such as ETH, BTC, XRP etc.
Advantages of SmartRE
- SmartRe also provides insurance protection .Which built trust in the platform
- Transparency
- Secure and immutable platform
- Ease and a very good user experience in buying and selling of properties
Token Details
- Token name SRE
- Crowd sale starts August 8, 2017
- Commences Sept 13, 2017
Bonus to be provided to the early investors
So SmartRe Platform makes it very easy and interactive way of selling and buying property. Reduces the complexity and gives a trusted platform to invest in a real asset.
Making SmartRe a truly Democratized and Tokenized Real Estate on the Blockchain Assured by Customized Insurance
For more details visit:
Website: https://www.smartre.io/
By Karanj
Bitcointalk Link:https://bitcointalk.org/index.php?action=profile;u=1030341