Friday, July 3, 2020 / by Vanessa Saunders
By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
Do you fancy investing in a group of vacation villas in Phuket? Or a particular prime piece of residential real estate in London, and have your investment protected by blockchain technology? London Chelsea Limited, a UK investment firm, has partnered with SolidBlock to offer one of the first digital asset funds that invests in real estate, announced Crowdfund Insider on Monday.
London Chelsea advises on the buying and selling of residential investment properties in London and the Home Counties. Its partner, SolidBlock, is a primary issuance platform that intends to facilitate the tokenization of assets which can then be traded on an exchange or alternative trading system (ATS). This is the first digital asset to be offered as a security in the UK facilitated by SolidBlock.
What all of that gives to an investor is the ability to buy into a cross-border residential real-estate investment and ha; ...
Tuesday, April 28, 2020 / by Vanessa Saunders
From Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate
April 28, 2020.
As a real estate brokerage in the state of New York, my team of agents and I have been told by Governor Cuomo and the New York State Association of Realtors that we cannot have any face to face interactions with other agents, our clients and our service providers. Since much of traditional real estate has been conducted at a personal level, this has made it difficult, if not impossible to operate as we have in the past. We’ve been turned upside down.
You may be surprised to find out that I think this is a good thing.
Sometimes it takes a shake-up to stimulate change. In the 19 years that I’ve been in real estate, I’ve been talking with people in and out of the industry about digitally transforming the closing process. For a long time it’s been “We’ll do it someday.” Thanks to the quarantine, that day has come.
Remote online notarization
Thursday, January 30, 2020 / by Vanessa Saunders
By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems
I recently attended a real estate conference in New York sponsored by Inman News, the nation's largest online real estate news publication. I met a lot of old friends, made some new ones, and heard some interesting discussions. But the discussions I heard at Inman this time weren't about best practices and how to service clients better. Many of the attendees - brokers, bankers, techs and yes, agents - were discussing one thing: Are real estate agents soon to be extinct?
The reason so many were talking about this dystopian view of the real estate profession is that the handwriting appears to be on the wall for REALTORS® as we know them. Sean Black, a long-time real estate expert, Co-Founder & CEO of Knock.com and a founding team member of Trulia summed it up this way in a recent article in Forbes: "This arcane, inefficient structure is the way residential real estate has been done for the past 50-plus. ...
Friday, December 13, 2019 / by Vanessa Saunders
Once upon a time, you could count the number and types of crypto-currency on one hand. That is no longer possible. The market for crypto - Bitcoins, Altcoins and tokens has grown in leaps and bounds. Besides Bitcoin, the "brand name" in crypto currency, there is LiteCoin, PotCoin (I think I know where they're going with that one), TitCoin (I have no idea where they're going with that one but their logo gives me a hint), NXT, MEM, ConYeCoin (as in a certain rap star) and DogeCoin, pronounced "Doggie-Coin."
The newest "coin" on the market and available online is called HoweyCoin. According to the HoweyCoin website, most travel businesses “require processing, centralized currency, and most importantly, nickel and dime fees that add up to literally billions.”
HoweyCoin is different, the site says, because:
“HoweyCoins utilize the latest crypto-technology to allow travelers to purchase all segments without these limitations, allowing HoweyCoin users to buy, sell. ...