About Property Club
Property Club is a next-generation real estate platform that is revolutionizing the way people market, search for, buy, rent and invest in real estate. Property Club is using blockchain technology to create a decentralized global real estate marketplace that is free of third-party agents and solves the overwhelming supply problems faced by existing centralized marketplaces. Through the introduction and deployment of our erc-20 token, PCC (PropertyClubCoin), Property Club will create a new paradigm where real estate listings are verified by the community, quality is guaranteed, and everyone benefits from greater transparency and cost savings. Property Club smart contracts will enable anyone to conduct real estate transactions digitally and securely, recording such things as contracts of rent or sale, transfers of title, and the purchase of real estate assets with PCC tokens on the blockchain, saving all parties time and money in the process as well as creating entirely new opportunities and markets such as allowing for the tokenization and purchase of any piece of real estate through a crowdfunded REIT, therefore removing the barrier to entry associated with the high costs of investing in real estate.
||20,000PCC = 1 ETH
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How Does Property Club Works?
The key to building a successful marketplace lies in creating marketplace liquidity. Without sufficient supply and demand, users will find little value in a marketplace, regardless of how much better it may be than competing marketplaces. Failing to address this is precisely why the vast majority of online marketplaces fail. All other existing real estate marketplaces working with blockchain have taken the issue of marketplace liquidity for granted. The few marketplaces that do attempt to address it typically lack a proper understanding of the listing supply chain and are unable to fully address it as their marketplaces will be plagued by low quality and fake listings.
Features Of Property Club
Property Club will achieve strong supply through a mix of aggregating listings, our pro
CMS and peer to peer listings.
import listings from pre-screened sources and run all aggregated listings through our verification API which flags and rejects duplicate, fake, and suspicious listings. On average Property Club receive 40,000 listings in NYC each day, only half of which are accepted. Imported listings are updated every six hours. Since launching in NYC we’ve been REBNY’s (The Real Estate Board of New York) the first partner to accept both their rental and sales feed, and received listings from over 18,000 realtors
Property Club focuses on having the highest quality supply will help drive demand. This is amplified by the fact that the biggest pain points for buyers & renters tend to be related to low-quality supply and the poor user experience provided by other marketplaces. In addition to providing the best listings possible.
There is unprecedented access to a variety of data that is useful to our users. This includes school data, neighborhood data, and price/sale history of individual homes. The school database and ratings will be introduced shortly followed by a comprehensive property database along with sales history.
Quality & Transparency
At Property Club the company is vertically integrated, cutting out the middle-man and only accepting quality listings from verified sources.
No Third Parties
At Property Club connect you directly to the source while rewarding you with PCC in the process. The company will never sell your personal information to third party agents/brokers.
Property Club CMS
The proprietary real estate CMS was built to create an end-to-end solution for the large-scale marketing of real estate and is the frontrunner to what will be our global MLS. It is the key to creating a decentralized marketplace. Property Club currently has over 3,000 agents using our CMS and are focused on engaging them and using their feedback to continuously improve the product to meet their needs. The CMS saves real estate pros time and money while helping to create a better marketplace for end users.
Property Club certain that blockchain technology will disrupt the way real estate is marketed in the immediate future and the mission is to harness blockchain technology and smart contracts to create a decentralized marketplace where real estate listings are verified by our community, quality is guaranteed, and everyone benefits from greater transparency, reduced friction and cost savings.
As our legal framework evolves to permit and recognize Ricardian contracts as well as the digital transfer of property we envision our marketplace using blockchain and smart contracts to tokenize real estate as well as to facilitate the digital transacting and transfer of real estate completely revolutionizing the way real estate is bought, sold, and rented.
Andrew Weinberger – Chief Executive Officer
Daniel Nadasan – Chief Technology Officer
Mihai Losonti – Developer
[su_quote] This article is writing on 14 May 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- 918077121282[su_quote]
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