Blockchain’s implementation into the real estate market is what is known as real estate tokenization. It is the process of converting real estate assets into digital tokens that represent the shares of a single property or a portfolio of properties. In simple terms, it means to represent fractional ownership of a real estate property through a blockchain-based security token.
Tokenized real estate is a trillion-dollar opportunity for real estate investors. It transforms the industry on the whole, by bringing in more global accessibility, efficiency, accuracy, security, and risk-free, hassle-free real estate business experience. The global real estate market is expected to hit a revenue of about $4.2 billion through tokenized investments by 2025. If you want to be a part of the revolution, collaborate with our team of highly qualified and experienced experts.
Real Estate tokenization is getting greater impression from the investors of real estate industries as it assist them to reap profit in a short span of time. With tokenizing your property via blockchain technology, you can sell and raise funds easily rather than waiting for a prolonged time.
If you are interested in real estate tokenization, then better approach a reputed token development company who are best in developing asset backed tokens for real estate industry.
The real estate token developments are mainly processed by the experience of real estate token solutions or real estate tokenization platform. But, the method they are following are moreover similar to each other,
The Gross Rent Multiplier, or GRM, is an important and often overlooked metric. It gives you a way to quickly estimate the income potential of a property based on the rents achievable in it. In this blog https://www.nyrentownsell.com/blog/gross-rent-multiplier/ I’ll define the GRM, discuss its uses for investors, and describe how you can use it to evaluate both existing properties and hypothetical projects, and give a few real-life examples.