How the $PROP token will carry the Real-Estate to the future

The real estate market has been in turmoil since 2020 and is finally seeing the light for better things to come. The pandemic couldn’t stop the real estate market, but it slowed down its progress just like every other avenue.

As we look into 2022, the number of houses available for sale is slightly decreasing, the value of ownership is increasing, and the housing market is slowing down. The threat for the real estate market is that it isn’t the demand that is slowly declining, but the market continues to climb higher and higher leading to burnout.

In such an environment where the world’s real estate market is changing, positive signs also emerge. Millennials, after the pandemic, are looking at investing in real estate more than ever before.

The real estate industry has remained unchanged for the longest time. But at this juncture, as it looks to emerge a more robust building towards 2022, change in the form of blockchain technology can be a valuable addition.

A new revolution is unfolding in the world of real estate with tokenization. The tokens on the blockchain are created where the real estate is partitioned into many small pieces. Whoever owns a owns a token is considered as an owner of the asset. Token owners will also be receiving all privileges as an investor, including rent payments.

This new form of real estate ownership is taking the world by storm, bringing in a sea of opportunities and fixing the problems as they go ahead. The $PROP token is one such real-estate token that is leading the charge.

Here we look at how real estate tokenization and the $PROP token are disrupting the industry — one step at a time.

Why Tokenize real estate?

One of the first questions that arise is why to opt to tokenize the real estate market in the first place. Here are three key reasons.

Liquidity of Real Estate

Despite being a great investment instrument, there is a lengthier process involved in the liquidity of the asset. In a usual scenario, several parties are involved when you decide to sell, especially with the legal transfer, which can be time-consuming.

The transactions can be simplified with tokenization, eliminating the middlemen, allowing investors to transfer directly from investor to investor.

Search for Property

Imagine you need to invest in property. You will need to browse through several listing websites and consult realtors to get through to the suitable fit. In contrast, you could access them from one central marketplace and make investment decisions easily with tokenized assets.

All of Property Protocol assets will list in one destination where users have the opportunity to browse regardless of their geographical locality and make the purchase.

Entry Barrier

With tokenization, assets can be divided into smaller parts of ownership. In the case of the $PROP token, like every other real estate token, you have the opportunity of investing in a real estate property even with a small value. One of the key reasons why a majority stays out of real estate is the high start-up cost.

The pandemic shot up the price of real estate significantly. Real estate prices saw a staggering 23% rise after the pandemic, broadening the gap even further. The increase in the prices exceeds the average American’s pay raise. In the middle of this, tokenization is suitable for keeping real estate relevant as an investment.

Even with a small amount, investors can get in on real estate without any complications.

How does tokenization shape the future of Real Estate?

Now that we have an idea of the sea of benefits that $PROP comes with, we now focus on how it could influence the changing trends in the real estate market.

Today’s real estate market isn’t what we’d want it to be. There are a lot of questions asked, but only a few answers are given. But the $PROP real estate token can put out of these fires without any second thought.

More millennials interested in real estate investment

According to recent reports from the National Association of Realtors released in 2020, millennials make 38% of the home buyers in the US, and this number will only increase. Millennials are no longer happy in living in rented spaces or their parent’s basements. They are also heavily interested in diversifying their investments, drifting away from the deposits in the bank.

While the focus has shifted to making real estate investment decisions, millennials aren’t individuals with a lot of disposable money at hand. The chances are that this population sector were first cryptocurrency owners and are now shifting their focus towards real estate.

In such a setup, the introduction of tokenization fits well with this age group. There is no need to oversell the concept of blockchain and cryptocurrency since they are well aware of its capabilities and have no second thoughts about making an investment decision.

$PROP will help millennials secure their first real estate investment and help them diversify their investment.

Real estate becoming unaffordable

Looking at the affordability standpoint, the prices of real estate are becoming unaffordable by the day. A consumer buying a $100,000 valued house today versus a year ago, their payment will be less. Consumers are rapidly changing their decisions on investment owing to this factor. A viable option that was in existence for decades is slowly turning out to be an investment instrument least preferred.

US house prices grew 16.5 YoY in June 2021, following a rise of 12.5 YoY in the previous quarter of 2021. The house prices in the US reached a record high increase of 16.5% in June 2021, according to CEIC Data.

According to experts, this surge in prices exists due to the shortage in the housing market, where far too few homes are built compared to the increasing demand.

And there has been no significant development in the construction front to curb the shortage. New permits for buildings have fallen 3% from April to May 2021. On top of that, only a few homes are available for sale, thus increasing prices.

While this surge in pricing will continue, tokenization can help retain investor faith in the market. Suppose anyone’s had second thoughts on getting onboard real estate because of the unaffordable prices. In that case, $PROP will help them steer through the situation with its tokenization and break the investment down to affordable potions.

Tokenization will allow them to invest their money on valuable assets at their will and help $PROP carefully shortlisted real estate listings in crucial locations.

These listings would be holding significant value and be managed by a separate entity, ensuring that the standards are maintained, securing the longevity of your investment even further.

Each of these listings will be divided into equal tokens, and by purchasing a token, you qualify to be a real estate owner if you cannot fulfill the entire sum of money for the total investment. The $PROP token does not end there. Instead, you would receive gains from the rental income, divided equally based on the percentage of tokens you hold.

$PROP — Delivering the future

Real estate investment has been the single best and the most reliable investment over the years. The industry struggled in 2020 but is slowly getting its act together.

The addition of blockchain technology and the introduction of tokenization is the next step in the progression chart, and $PROP is leading the way. By connecting blockchain and cryptocurrency to the real estate market, the foundation is laid for the next generation of investors.

Become a real estate owner by purchasing a cryptocurrency token?

Yes, now you can. Buy $PROP here.

Thanks to blockchain developments, you can now become a real-estate owner by purchasing a cryptocurrency token. This development now allows you to be a part of the real estate market, continuously rising and appreciating by the day.

But the high upfront investment keeps thousands of prospective investors away from making a move. However, blockchain technology is causing shockwaves in the traditional real estate market, changing how buyers, sellers, and investors interact and invest.

Blockchain tech provides renewed hope in this changing world and brings new investors to the real estate market in ways never imagined.

And $PROP is leading the charge!

The demand for real estate and its scarcity has made it the single most valuable industry globally. With a valuation of $2687 billion in 2020, the market is expected to grow to $2774.45 billion by 2021.

The lifelong appreciating value and the added benefits of bringing in rental income as an additional revenue stream keep real estate investment at the top of all other investment options.

But entering the real estate market isn’t easy with the hefty upfront cost and the added expenses — maintenance, taxes, and repairs.

But, the Property Protocol ($PROP) has found a new way in!

It’s no secret that the cryptocurrency market is booming at an unprecedented rate, with the market set to be worth $1758 million by 2027 with a compound growth rate of 11.2%

This year, cryptocurrency overtook stocks regarding investment search trends and is attracting new investors with its low threshold for entry. With the perceived high value, cryptocurrencies are bringing in more investors, and in 2021, they are looking at innovative ways of diversifying their portfolios.

Propy coin has bridged the gap for the cryptocurrency investors who enter the market with little investment and the high-investment-oriented real estate market in this search for new ways to diversify their portfolios.

How does it work?

$PROP is a frictionless platform that now provides token holders on the blockchain network worldwide to be real estate owners in the World through tokenization powered by the Binance Smart Chain (BEP20).

Properties listed on Property Protocol are represented by a set of tokens and information of the asset is transferred to the blockchain, and ownership is transmitted digitally.

The platform will have properties listed around the World shortlisted after a quality evaluation. Each asset is tokenized, and the ownership is divided into unique BEP20 tokens in the Binance Smart Chain. All of the $PROP token are split equally.

And when a user purchases a coin, it equates to owning a share of the property.

When token holders become real-estate owners, they also qualify to receive the incentives and the benefits that real estate holds. All token holders will receive rental income, paid to the owners in $PROP or US-stable coins based on their ownership percentage.

The market that felt impossible to invest in has become one of the easiest ways to enter, thanks to the innovative blockchain developments by Property Protocol. $PROP tokens will act as the new way of real-estate ownership, eliminating all the weaklings that the traditional form of real estate ownership brought in.

Here are 5 ways that Property Protocol is disrupting the real estate space

1 Eliminating wire fraud in real estate

The pandemic-struck 2020 was one of the best years for the real estate market, with a record 5.64 million existing homes sold — the most sales since 2006. But it also opened up more doors for fraud.

With most transactions taking place online, more victims fall prey to the fraudulent emails that eventually result in the buyers transferring money to the wrong sources.

But with the blockchain network, which is one of the most secure forms of transactions, with end-to-end encryption, ensures the safety of the transaction at all costs.

2 Attracting a global market

Thanks to the technology at hand, now anyone worldwide can be a real estate owner in the United States. Because there is end-to-end encryption between the token holder through the blockchain network, users can easily purchase their tokens, and the real estate owners could directly benefit.

Propy eliminates the geographical barriers and opens the market globally.

3 Easy access to the Real Estate market

With Propy, you will no longer need to stay away from the high-flying real estate market because you don’t have the means of making the huge upfront cost. Any Propy holder can become a real-estate owner by simply purchasing one token of the pre-set amount of tokens for each property.

4 Management simplified

If you’ve ever been a landlord, you know the struggles — the renovations, taxes, insurance, and tenants that refuse to leave. Thanks to $PROP, you don’t need to face any of these tiresome consequences.

All properties in which you will own tokens will be managed by a management company that takes care of all the procedures.

All you will need to do is to expect the rental reward at the end of each month.

5 Diversify your Real Estate investment

The rule of thumb in investment is always to diversify your investment to reduce the risk. But with real estate, this is often not the case due to the high starting cost.

But Propy is changing this around. Instead of investing all your wealth in one property, you can now invest in multiple, reducing risk and reliance on one asset.

Real Estate DISRUPTED!

Blockchain technology has taken the real estate industry, identified its drawbacks, and changed how we look at it. The success of blockchain technology is about providing benefits to the masses, and Propy is a fitting example of how it’s done.

Property Protocol uses blockchain technology to inspire a new wave of real estate investors, solving all of the drawbacks and weaknesses in the existing real estate market.

The token will soon take the world by storm with this level of innovation, and you can be a part of the project as it gets off the ground.

Click HERE to find out more about $PROP