Top 5 Real Estate Blockchain Companies in the US
The US has always been at the forefront of breakthroughs in the world of business, so it’s no surprise that cryptocurrencies and in continuance Real Estate using blockchain are the new fad.
For those refusing to accept it, the 21st century is well and truly upon us. People are flying into space commercially, and virtual money exists. Not only do they exist, but they also evolve and revolutionize our system faster than anyone ever anticipated. Therefore, everybody’s getting in on the trend, even real estate companies. If you’re not part of the Real Estate Blockchain, you’re falling behind.
Top 5 Blockchain Real Estate Companies in the United States
3. Blooming Sky
With the goal of increasing property sales, Glen Oaks Escrow wisely started accepting Bitcoin in 2018. They have not looked back since. Property sales are booming, and, as CEO Joe Curtis put it, “Seeing someone other than the home buyer use Bitcoin in a real estate transaction tells us that this technology has the potential to continue becoming more prominent in our industry”.
There has been an increase in the number of transactions at Glen Oaks, with the use of cryptocurrencies bringing the number of transactions up by 63% from 2018-2021. This has removed all doubt about Real Estate Blockchain.
Magnum Real Estate Group may be late to the party, but better late than never, right? Not even a month has passed since MREG have started accepting Bitcoin as payment for real estate transactions. However, they are already seeing an increase in sales. In fact, their experts predict that sales will jump from anywhere between 5-10% due to this new method of transacting in the next 3 years.
Magnum’s first Bitcoin sale was a three-shop luxury package in Manhattan worth 29.000.000$, or 641 Bitcoins. The way they’re going, this may just be the first trickle precluding a torrent of riches.
3. Blooming Sky
There are more and more companies starting to accept Bitcoin as payment, but Blooming Sky was one of the first. Since 2017, they have worked on perfecting their Bitcoin purchase offering, and now extend clients three options: Studios, 1-bedroom, and 2-bedroom apartments, ranging from 685,000 to 1,375,000$.
If you are wondering what benefits you may incur by using Bitcoin, Blooming Sky spells it out clearly – Tax benefits, easier liquidation, and an investment in an ever-appreciating asset. These are the words every buyer wants to hear, helping Blooming Sky build upon their Real Estate Blockchain.
Everything is bigger in Texas, so it came as a big surprise to its residents when, in September 2017, Kuper Sotheby’s accepted Bitcoin as payment for a sale. Sheryl Lowe, the agent who made it happen, was shocked by the smoothness of the process: “In all of my 33 years of closing transactions, I couldn’t have expected something so unique to go so smoothly. In a matter of 10 minutes, the Bitcoin was changed to US Dollars and the deal was done”.
Texans have since flocked to Kuper Sotheby’s, helping them achieve one billion dollars in properties sold in 2021. A prime example of Bitcoin uses gone right.
Yet another company that commenced accepting Bitcoin in 2018, New York’s Brookliv is revolutionary in many ways. Their focus when coming to such a decision was the younger wave of customers from the crypto, as well as other 21st century industries. Their plan seems to be working, with a particularly impressive bump of 82% in sales in the fourth quarter of 2020. With Goldman-Sachs and other respected financial experts predicting a continued rise in Bitcoin prices, accepting the crypto could prove to be the biggest stroke of genius in Brookliv’s history.