- Crypto-transactions already taking off with ultra-high priced listings
- Necessities for crypto-savvy agents
Crypto-Currency Home Transactions Now Present Tense
Crypto-currency real estate transactions and digital asset funds are now part of our present-tense investment landscape. Just think PayPal, Goldman Sachs, JP Morgan, Square and Morgan Stanley
Mary Rich, recently named global head of digital assets for Goldman Sachs’ private wealth management division, said that our clients “…feel like we’re sitting at the dawn of a new internet…and are looking for ways to participate in this space…whether that’s through the physical bitcoin, derivatives or traditional investment vehicles.
Real Estate Companies Putting Together Crypto-Management Division
Homebuyers and sellers have become more and more interested in listings with dollar and crypto options, particularly ultra-high end listings that often attract international consumers.
According to Diane Ollick, CNBC’sr eal estate reporter, “…for ultra-high-end listings that attract international buyers…listings in bitcoin will attract more attention and buzz around the property and could lead to faster sales.”
The privately held real estate firm owned by Richard Caruso just announced it will begin accepting bitcoin as rent payment in both its residential and retail properties.
Caruso said on CNBC’s Power Lunch, that crypto is a long-term bet. “It’s not about the next year or five years. We’re looking forward to the next decade.”
Advice on What’s Needed to Become real Estate Agent with Crypto Expertise
Tony Giardano, an agent with Opulent, offers this advice on becoming an agent with expertise in crypto transactions:
- Mentor with an agent who works with bitcoin to learn the ropes of facilitating a crypto- transaction. This is foundational.
- Crypto transactions work much “easier” when the buyer/seller has paid off all previous mortgages.
- Find an experienced crypto real estate attorney who specializes in crypto paperwork and liabilities.
- Find an experienced third-party bitcoin mover who can transfer and hold the token.
Thanks to CNBC.
URGENT: 2021 Results Released. New FREE On-Line Web Event Reveals 17 Surprising Secrets Of The Top 100 Millionaire Agents. Get Your FREE Spot For The On-Line Webinar Now. When You Attend This Event You Will Have A Sense Of Relief Knowing You Can FINALLY Laugh At Your Money Worries – If You Follow This Simple Plan. Learn How To Generate 100’s of Motivated Leads Without Coming Off As A Pushy Salesperson and Losing Your Soul. Learn Now How To Become One of the 1000s of Agents Making HUGE Money NOW Who Never Thought They Could.
P.S. Limited Space Available. 235 Spots Left.