Look how fast things happen!!
Just about a month or so ago, many agents where laughing about Bitcoin, blockchain, and other cryptocurrencies, talking about how people won't use it to buy real estate. Hmmm...
Where did this transaction happen?
In Burlington, Vermont.
The first property to be sold this way in the United States.
It was sold entirely through the blockchain. Completely.
Etherum was the token used. This puts Vermont on the map.
Propy is a company in San Francisco. Propy handled the entire transaction including recording of the documents and contracts instead of using the city system.
Vermont is the first state to allow this kind of transaction and soon coming up are Colorado and Arizona.
The encryption technology in blockchain is the best available at this time.
This transaction used the cryptocurrency for the purchase and it was then turnd into the fiat money on the other end.
The first Bitcoin to Bitcoin transaction in the United States was when Michael Komaransky sold his Miami mansion for 455 Bitcoin which was the most expensive Bitcoin real estate transaction to date.
While most people will still not do a cybercurrency real estate transaction, it is here, and it will be here to stay.
The different tokens will fail and others will rise. Etherum is very stable. Blockchain is here to stay and evolve.
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In real estate we service Wellington, Palm Beach, Royal Palm Beach, Port St Lucie, Loxahatchee, Boca Raton, Delray Beach, Boynton Beach, Lake Worth and surrounding towns in Palm Beach County, Broward County and Miami/Dade County.
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Llámenos hoy al 561-753-0135 para vender su casa.
Katerina Gasset is a real estate agent who is also a digital marketing strategies, website designer and consultant for real estate brokerages, agents, entrepreneurs and small business owners.
Katerina is a Certified Digital Marketing Funnel Expert. She is the creator and owner of Listing Experts Academy teaching real estate agents and brokers how to dominate their marketing on the internet.
She develops products and online courses to empower real estate agents to reach their marketing, SEO, social media and branding goals. Katerina Gasset is a blogger, author, podcaster, and keynote speaker.
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