7 Ways in Which Blockchain Will Transform Real Estate Investing

Sep 17, 2020 | Tech

Who does not want to be rich? Nobody, right but only few manage to build wealth. Did you know why? Rich people knows the secrets of building wealth which is why they invest in assets they grow in value overtime, commonly known as appreciating assets.

Real estate is one of the favorite investments and is the main reason behind most multi-millionaires and billionaire’s success. Real estate industry in general and real estate investing is going through a paradigm shift after the advent of blockchain technology.

One of the biggest downsides to real estate investing is that it is only accessible to rich people as it requires a sizable investment. Then there are liquidity issues and exorbitantly high fees that deter middle class and lower middle class to dip their toes in real estate investing. Slow transaction speeds and complicated layered processes makes matters worse.

Blockchain technology is here to resolve all these issues and kickstart a revolution in blockchain industry. What was initially developed as a model for managing and securing cryptocurrency transaction went on to become one of the most disruptive technology worlds has ever seen. It is basically a public, decentralized digital ledger which is used to record transaction in real time. It simplifies and secures multiple transactions.

In this article, you will learn about seven ways in which blockchain will transform real estate investing.

1. No Middlemen Involvement

Blockchain technology will throw the long, slow, and painful real estate transaction process out of the window and make real estate investing more accessible for everyone. Thanks to its ability to automate systems and reduce human involvement, you can easily streamline the process without compromising on the security aspect.

This means that there would be fewer intermediaries involved in processing real estate transaction, which will accelerate the process just like mobile app development process. You might be able to process real estate transaction without lawyers, brokers, banks, appraisers and third parties. Due to this, we might see more and more people invest in real estate as the barrier to entry will be lower than what it used to be in the past as investors can now directly deal with motivated sellers.

2. Tokenization

As mentioned before, only rich people had access to lucrative real estate properties in the past but blockchain is here to change that. By tokenizing ownership of real estate assets, it will give investing opportunities to middle class population. It breaks down the real estate asset into tokens and stores them. The owner of the real estate property can sell these tokens via secondary trading methods. As a result of this, people can buy smaller shares of large real estate properties, which they cannot afford to own. This can prove to be a game changer for real estate industry.

3. Lower Costs

When there are no intermediaries involved in a real estate transaction, the cost will come down. Both buyers and sellers do not have to worry about paying these middlemen anymore and can reap the benefits of reduced costs. Whether it is loan fees, transfer fee, inspection costs, registration fees or commissions, you do not have to pay any of these. What is more, you don’t even have to pay taxes and underwriting costs depending on the region you live in and want to buy real estate property in. This can be a godsend for real estate investors who don’t want to pay those hefty fees.

4. Improved Liquidity

Gone are the days when you must wait for months and in some cases, even for years to sell your real estate property. With tokenization, investors can easily sell and buy a portion or complete real estate property and get immediate cash in return. This give them more room to invest in other real estate properties as well and put an end to liquidity issues. Tokenization makes real estate much more liquid as it flows from one hand to another more quickly and efficiently. This will be a huge departure from slow and lethargic real estate process we have in place and can serve as a breath of fresh air for the real estate industry.

5. Accurate Land Titles

Even in today’s digital age, land registration is still handled manually. This increases the chances of errors. That is the reason why we see error in land title reports. This also increases the risk of fraud and misinformation. By moving all the real estate documentation into a central ledger, you can minimize the risk of fraud and run complex title searches. This will create more accurate and cost-effective land titles with no risk of fraudulent transactions.

6. Smart Contracts

With blockchain implementation in real estate industry, traditional contracts will become obsolete and will be replaced by smart contracts. Smart contracts are executed automatically with specific instruction written in code. These contracts are stored in blockchain, so they are also secured. The code is written in easy to understand programming language that uses if-then-else statements. This allows you to automate rent payments as well as all other real estate relationships.

7. Better Investor Tenant Relationships

One of the biggest advantages of implementing smart contracts is that tenant can not skip rent payments. Even when they do so, it only means that they do not have the financial resources to pay the rent. This eases investor-tenant relationship and removes tension from the relationship. If the tenant refuses to pay the rent, you can begin the eviction process.

Conclusion

Since blockchain removes all the hurdles that prevents people from investing in real estate, it will create new opportunities, applications and use cases. With middle class population having access to lucrative real estate investing opportunities, it can shrink wealth inequality gap. It is important for real estate industry to leverage blockchain technology and reshape the future of real estate. With the right education, training, and implementation, you can reap real benefits of blockchain technology.

How will blockchain impact real estate industry in your opinion? Let us know in the comments section below.

Your guide on gathering all information about Dishwashers before your purchase. We help you choose the best dishwasher.

Sep 16, 2020 | Tech

Atlanta, GA: Dishwasher manual, your ultimate destination in knowing everything about dishwashers for those who are planning on purchasing a new one. They also share insights that help you avoid those common mistakes which prolongs the life of your electronic compliance. For further details, click on the link: https://www.dishwashermanual.com

What information will you get on the website:

List of all products by leading Brands like Beko, Bosch, Electrolux, Frigidaire, GE, Kenmore, Kitchenaid, LG, Maytag and Whirlpool
Owner’s Manual which provides detailed information on: Product Features, Troubleshooting and FAQ’s, Safety Instructions, Operating Instructions, details on Maintenance and Installation Instructions
Includes details on types, features and functions of dishwashers
Useful recommendations on Correct installations and careful manipulation of dishwasher
List of common reasons that may lead to malfunctions (troubleshooting)
Interesting facts about the manufacturer

Who should explore https://www.dishwashermanual.com

The website is created keeping You, the Customer in Mind and all the problems you encounter while purchasing a Dishwasher and how we would be able to solver your queries. Our site is a welcoming place for any internet user, especially, if you are:

Planning on purchasing a Dishwasher for the first time
Unable to understand on different varieties of dishwasher
Can’t decide on which dishwasher is the best for you
You already have a dishwasher, but are facing problems and unable to understand why
You are an enthusiast and self-motivated individual who believes in fixing and repairing your own appliance
You are keen to learn more about dishwashers, different types, models and their makers

About Dishwasher Manual: Dishwasher Manual is based in Atlanta, GA. The aim of this organisation is to empower the buyer with all data, facts and recommendations about various Dishwashers, which helps you in your decision to buy the Best Dishwasher for your home. It helps you become a confident user and stops your struggles with the choice, installation and malfunctions by providing you with lots of useful data, facts and analysis and recommendations. All this in a simple, understandable language which makes the instructions look so clear, even a 5th Grader would understand.

Ellis Harper Group launches Fridge Ninja on Amazon USA

Sep 16, 2020 | Tech

Ellis Harper Group announced a new product called Fridge Ninja, a kitchen product that will remove odor in your fridge and make vegetables and fruits keep fresh. The launch price is 50% off RRP. Get it now at Amazon USA.

Ellis Harper Group has announced its new product called Fridge Ninja is now available on amazon.com. Fridge Ninja is a fast and efficient solution to naturally eliminate odor in the Fridge, Freezers, Coolers & Lunch Boxes, and it helps vegetables and fruits stay fresh. Get it now at Amazon Store USA and save 50% off RRP.

Bacteria and mold are the main cause of the foul odors coming from the refrigerator. These menacing microbes thrive in areas that have moisture. Fridge Ninja, a fridge odor remover by Ellis Harper Group, will eliminate odor in the fridge effectively and safely because it is made of natural activated bamboo charcoal.

Activated charcoal (bamboo charcoal briquettes) used in Fridge Ninja works like a deodorizer and is more effective than baking soda in eliminating bad smells. By absorbing food gases and moisture in the refrigerator it significantly reduces bad odor. The use of natural charcoal makes this product also safe for the environment as well as being long-lasting. Fridge Ninja is reusable for up to 2 years, simply place it under direct sunlight to recharge.

Company founder said, “Ellis Harper Fridge Ninja is made of bamboo charcoal, and is sold as a pack of 2.  And if you purchase now, we’ll provide you with 50% off RRP and give you a free Fridge Thermometer as bonus.” 

One of the satisfied consumers said.”I have put one fridge ninja in the vegetable drawer and one in the refrigerator itself. No more smell. I love that these are eco friendly too.”

About Ellis Harper Group

Ellis Harper Group is a home and wellness company. They strive to provide quality products to their customers. Ellis Harper Group’s new product is an odor remover for fridge, freezers, lunch boxes, and coolers. For more information about the product, please visit https:///earthninja.co

Contact:

press@ellisharper.style

Product link: https://pixelfy.me/9PG8DF

Productivity and ROI Enhancing Resource Scheduling Solutions from Talygen

Sep 16, 2020 | Tech

Resource and work schedule software have been game-changers for almost all the top-ranking businesses in the world. Not only they simplify resource management for all sizes of organizations but enhance the work & task scheduling complexities as well. Also, a lot of different organizations have used them as employee database software as well, thanks to the database management capabilities of modern resource scheduling software.

Talygen, a global leader in business automation, offers an all-inclusive and seamless resource scheduling software that has enhanced productivity and task scheduling for all kinds and types of organizations around the globe.

Talygen’s resource scheduling software offers an intuitive suite of features for easy resource and task management. Flexible features, such as easy employee database management, smart data visualization, email notifications, and alternative screen to assign tasks are some of the major functionalities making Talygen a go-to choice for easy resource management.

One-Stop Resource Scheduling Solutions with Intuitive Functionalities:

● Schedule Multiple Resources/ Users At A Time
● Schedule Shift Wise
● Drag To Reschedule
● Zoom In And Zoom Out
● Graphical Representation
● Schedule In Days Or Weeks
● Schedule For Specific Hours
● Alternative Screen To Assign Task
● Assign Team Tasks
● Plan A Work Schedule
● Highlight Overburdened
● Schedule On Per Day Basis
● Schedule Resources On Projects & Tasks
● Schedule In DetailAdd/Assign A Task

Try the Free Demo of Talygen’s Resource Scheduling Software to know more!

About Talygen
Since 2009, Talygen gained a foothold in the market by providing an industry-leading SaaS platform to businesses in order to help them automate and regulate remote work. The all-in-one Talygen, cloud-based solution empowers all-sized organizations and brings them the comfort of managing the entire business efficiently. This fully-featured web-based application is available in 15 languages worldwide to assist clients and users customize and systemize workflows on the go.

With the rise of the work from home and remote work culture, cloud-based resource scheduling software are all set to be the new normal in different industries around the world.

Talygen’s Resource Scheduling Software offers a huge set of productivity-driven functionalities that can be easily scaled upwards with the growing scheduling requirements. The flexibility and ease of use offered in Talygen’s resource scheduling solution are unparalleled to any other resource scheduling software in the market.