Global Settlement
Own a home anywhere. Instant settlement. Secure ownership.
Imagine buying a house anywhere you want in the world, instantly and on your phone. With the blockchain, this becomes possible. While Plano is starting in Mexico, we are working hard to allow you to settle anywhere.
Traditional real estate settlement is broken.
It’s time to shake it up.
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It's too slow
Finding a home and agreeing on a price is only half the job. In many countries, completing and processing all of the paperwork necessary to close the deal can take months. Between the bureaucracy and the number of players it takes to sell your home—there has to be a more efficient way.
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It's too expensive
It is expensive to sell a house. On top of the 6% that you may pay a real estate broker, there are additional commissions and fees for both buyer and seller that can add another 4-5% to the real estate transaction. There must be a way to reduce these fees for both buyer and seller.
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It's too complicated
Each country around the world has its own system for buying a home. While you may have experience in buying in your own home town, that experience isn't useful if you want to buy a second home half a world away. Factor in all the intermediaries you have to manage—many in a foreign language—there’s no wonder it all feels so complex.
Who needs a better way to buy and sell real estate?
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Local buyers
Buying a home is often the biggest investment a person can make. This process needs to be easier, cheaper and more accessible than ever before so homeowners can make better buying decisions and keep more of their profits.
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Foreign buyers
Buying a second home in the travel destination of your dreams is hard when you don’t understand the language or local property market. A single platform that standardizes the buying experience solves these issues.
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Remote workers
People are less tied to a physical job than ever and want to explore the world while they work. We need flexible ways to buy a home for just the time they need and easily trade it for the next spot when it’s time to move on.
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Real estate investors
There are many real estate investments being promoted online, but how can you be sure you can trust them? Blockchain brings accountability to real estate investments to secure your investment in new ways.
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Developers
Bringing a collection of new apartments or homes to market and getting them sold quickly is a challenge. Easy settlement solutions that expand the pool of buyers so you can sell faster.
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CRE owners
Raising equity, tracking spend and reporting results to a diverse pool of investors takes a great deal of diligence and skill. Using blockchain to manage these processes increases investor trust and reduces risk.
A better way to know who owns what.
Knowing who owns what real estate asset is hard. Traditionally, this job falls to local governments, which keep a registry of property titles. While their work is reliable, it is slow and fragmented. Each local jurisdiction solves the problem in a different way, and it is hard for innovators to create new solutions within these slow-moving bureaucracies.
The trustless nature of blockchain provides an opportunity to free the business of real estate titles from their jurisdictional monopolies, allowing a new ecosystem of disruptive ownership solutions to emerge. Knowing who own what is a job we’re ready to tackle.