As I already stated, CEstates is a real estate technology platform with an online marketplace which offers a one-stop solution for the real estate industry. Its currently in its development stage and it will be a portal for everyone to have reliable and faster methods of carrying out their real estate business with ease and convenience in the borderless digital world.
According to a poll which was conducted in a real estate professional’s Facebook group with more than 59,000 members, around 85% are sales agents and the rest licensed brokers and buyers. After two days, the results indicated that majority of the respondents wanted to have a better online site to sell their property listings much faster and earn income faster.
The average waiting time to receive commission is between three to six months which is something that the CEstate platform wants to minimize. The poll additionally showed that it is easier to sell Ready for Occupancy (RFO) properties in bulk, but it is not that easy to execute using conventional real estate methods.
CEstate looks to build a tokenised real estate platform so that their small, medium-sized or big players in the industry will have a reliable tool to do their transactions and whoever works get paid fairly. The platform believes in creating solutions to real estate challenges and making real estate easy for everyone out there.
Blockchain has countless benefits, but CEstates majorly uses these blockchain principles.
🔗 Irreversibility of records-all the activities are recorded in the database every time a transaction is confirmed, and these records are immutable, meaning they can never be altered breaches can be easily detected as actions can be identified very swiftly.
🔗 Decentralisation-this feature moves transactions much faster since validation does not need to pass through a single decision-maker. All third parties and intermediaries are eliminated by the blockchain technology. The network of participants has the liberty to access a record, and each participant has the right to validate transactions.
🔗 Transparency-on the blockchain anything that needs to be identified as a special identifier concealed in cryptography. As everything is recorded, this feature eliminates the question of credibility or integrity.
🔗 Peer to peer transaction-communication is direct between the peers, and whatever data is being transacted, each of the peers stores the same equal information of data in their nodes. This reduces the hassle and makes the entire process cost-effective.
🔗 Computational Logic-all the systems are interconnected with the blockchain, and there is a multitude of computer programming languages, functions and rules. Algorithms are set in place to protect a single entity and to also allow automatic response on the activities in the chain.
CONCLUSION.
CEstates platform utilizes these blockchain technology principles to create an online complementing ecosystem which will provide every other person with a tool to buy, sell, rent and even invest in real estate properties with minims hassle, cost-effectiveness and earnings which will soon become possible. It’s about time you sign up to CEstates and become one of their very first blockchain-based real estate platform user. Get to use all these essential tools in carrying out real estate business on the internet.
To know more about CESTATES project follow the links below.
🔗 Website => https://cestates.io
🔗 ANN Thread => https://bitcointalk.org/index.php?topic=5106951.0
🔗 Twitter => https://twitter.com/cestates_io
🔗 Facebook => https://www.facebook.com/cestates.io/
🔗 Telegram => https://t.me/cestates_io
🔗 Medium => https://www.medium.com/@cestates
🔗 Linkedln => https://www.linkedin.com/company/cestates-inc
🔗 Reddit => https://www.reddit.com/user/cestates_official
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to cestates
