If I am a licensed real estate agent how can I use this platform to my advantage?
Ultimately, it depends on what type of deals you handle.
Our rental platform will be launched first. If you're a rental agent, this would definitely appeal to your clients, both landlords and tenants. It's a blockchain-solidified smart contract solution that cannot be amended (without both parties agreeing) or forged, so all contracts are, for lack of a better phrase, "set in stone". Additionally, it can save landlords time and effort, by being pre-programmed to issue notices (for termination, breach of contract, late payments, nonpayments, etc.), as well as make dispute resolution a lot easier and offer the tenants an easy way to make their payments, using whatever currency they choose, be it crypto or fiat.
After the rental platform comes the owner-financed sales and FSBO platform, where our system likely creates the greatest benefit, allowing people to handle their own p2p sales and transfers with a lot less effort than current methods.
The sales platform comes in 2019, so if you're a buyer/seller agent, that platform will make the P&S process much simpler, as well as make the title and escrow process a bit smoother.
In addition to the above, all of our platforms allow buyers and tenants to make payments with whatever type of currency they prefer, be it cryptocurrency or fiat, and record the payments on the blockchain for permanent record. The SMARTRealty smart contracts can also simplify the escrow process, and secure security deposits and other funds for specific purposes.
The benefit for RLTY tokens and the holders of tokens is that all of these transactions, even those made in fiat, will automatically be converted to RLTY tokens in order to pay into the smart contract and have all payments recorded on the blockchain, so there will be a constant demand for RLTY tokens, even if the landlord or sellers prefer to be paid out in fiat, requiring RLTY tokens to be converted back into the currency of their choice eventually. So long as the contracts are in use, the underlying (and often automated) demand for RLTY continues.
Our platforms also integrate with pre-existing listing platforms, so our users won't need to skip over things like the MLS listing services, the various rental listing platforms, even Craigslist and the like. Our platforms will integrate fully with these other platforms, allowing listings on our platforms to also be listed on the most popular listing platforms and systems on the web. Landlords and sellers can simply input all of their property information on our platform and automatically have it listed on 100's of other sites, networks, and listing services.
Our goal here is not to replace existing systems, but to compliment them and eliminate some of the most common points of dispute, saving all parties a lot of headaches. We don't look to eliminate the existing processes, just disrupt them, but in ways that benefit everyone involved, from real estate agents to escrow companies, landlords to tenants, buyers to sellers, and more.
Beyond 2019, we plan to also introduce the SMARTMortgage platform, launching a smart contract and RLTY token-based lending platform that facilitates cryptocurrency based mortgages and lending on real property.
There's a lot of benefit to this project in the long run as well as the short term, and we are already hard at work bringing it to life.
Nice idea to integrate with existing platforms first plus use token directly.
