Crypto is changing the real estate industry. Invest in real estate using crypto currency!

By: Taro Chellaram /Real Estate Articles/Sep 01, 2022

Crypto is changing the real estate industry. Invest in real estate using crypto currency!

Investing in crypto has become the new ‘in -thing’ in the finance world since the past couple of years. People are quite familiar with buying crypto currency, aka investing in the crypto market, but not many use crypto currency to make transactions. This however, is changing with every passing day.

 

Crypto currency can be used to make everyday transactions like buying groceries or shopping for luxuries and can be used to make larger asset purchases like vehicles, land, and properties. What makes such transactions secure is something known as blockchain technology. In simple terms, blockchain technology is a decentralized ledger that is used to keep crypto transactions. This helps people verify transactions despite the absence of a central authority.  A fun fact about blockchain technology is that it was solely to facilitate Bitcoin transactions! This fact shows how ideally fitting the technology is for anyone dealing in crypto currency.

 

Here's how crypto is transforming the world of real estate:

 

No More Escrow:

Escrow, in real estate transactions translates to security for all parties involved in the buying/selling process. If that is the case, then how is not having escrow a good thing? Well, escrow companies simply act like middlemen in the property transaction, taking care of paperwork and money until the process is complete. Crypto transactions use blockchain technology in place of these companies, making the entire process cheaper and faster.

 

Provides Transparency, Avoids Secrecy:

Crypto transactions are public information. Almost every cryptocurrency is transparent about their transactions and have them available to the public for viewing. This is a major contrast to the traditional hidden transactions of real estate. This not only helps in avoiding secrecy but also help newcomers keep up with the latest real estate trends, updates, and market changes.

 

Promotes Micro-Investments:

Micro-investing has gained popularity in the recent years. Micro investment is a process where, rather than one large entity or company investing in a commercial property, it is a group of entities or companies investing small portions together in the same property. Usually, micro-investments cause multiple transactions that can lead to multiple fees adding up. Crypto gets rid of this problem by offering next to zero transaction fees, improving the ROI for the investors.

 

Offers Additional Security:

One of the biggest attractions of dealing in crypto is the fact that blockchain technology cannot be hacked! Cybercrimes have been increasing daily, with hackers coming up with new ways of scamming people and stealing their information. Crypto offers security to sensitive information, keeping it out of the reach of hackers making real estate investors more confident in their transactions.

 

Boosts International Investments:

Investing overseas can be a big hassle, given the transfer fees, long processing times and effort. Even expedited transfers are subject to bank holidays and weekends. Investing in real estate using crypto helps avoid all these hurdles and speeds up the buying/selling process significantly.

 

As they say: Time is money! Investments through crypto is the future of real estate. With everything in our lives moving into the virtual world, is comes as no surprise that real estate is also taking a turn towards a new dawn. Even though these tips are legitimate, investments are subject to market changes and economic risks. It is always a good idea to talk to a financial advisor or hire a professional who can help guide you and advice you on what suits you best.



How is crypto and blockchain changing real estate business and money making?

Cryptocurrency and blockchain technology is changing the real estate business in many ways. Real estate investing has started shifting to a digital and virtual space slowly.

Industrial development on the rise in Texas real estate 2023

Texas has become a place of choice for businesses because of its growing population. This growth has led to increased demand for commercial real estate development, specifically industrial development. This rise is set to continue until the end of 23

Why Grocery-Anchored Real Estate Does Better!

Grocery-anchored shopping centers are on the rise in the retail sector. They are the best investment in commercial real estate. It is low risk and long term.

Why Invest In Retail Properties?

Are you considering investing in commercial real estate? Not exactly sure which type of property to start with? Fret no more!

What You Need To Know About Closing

Whether you are buying property or selling property, closing is a crucial part that will make or break your deal. We have listed major pointers that will help you deal with your next closing much better.

The Ultimate List of Real Estate Terms

We have compiled a list of top real estate words you need to know whether you are a real estate agent or are looking to buy a house or buy a commercial property. This is the real estate lingo you should know.

US REAL ESTATE REMAINS TOP DRAW FOR FOREIGN INVESTORS

The US continues to be the world\'s leading recipient of cross-border capital, and it has no plans of slowing down. During the first half of 2017 the United States attracted 19.8 billion U.S dollars from foreign investors.

Falling Home Prices? Here's All You Need To Know!

Here’s how you can take advantage of rising interest rates. Advantages of investing during high interest rates are listed below. Invest in real estate today.

Where To Find Real Estate Investment Opportunities In The Current Market

Commercial Real estate investors, looking to maximize profits have set their sights on Texas. The Lone Star State has made a name for its self as a strong market for Commercial Real Estate Investors.

Who Should Invest In Commercial Real Estate

There are several reasons why someone would choose to invest in commercial real estate.


Instagram

@ tcgcrealestate

Subscribe Now! IT's Free

Stay up to date with all news coming straight in your mailbox.

Copyright © 2023 TC Global Commercial. All rights reserved.