The treasury will drive development of the dev. ecosystem globally.
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Homeowners undergo secure KYC, asset survey, and document submission. REITcircles partners with credit bureaus and mortgage providers to verify. Verified homeowners get an NFT confirming asset ownership
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Homeowners list assets on REITcircles, sell fractions according to the liquidity need of investors after bidding through Smart contracts, which ensures secure, transparent transactions.
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Option to buy back the asset within a specified time period, by paying back the investors with interest. This way, the homeowner can regain full ownership of their property and benefit from any appreciation in value.
REITcircles also offers an innovative insurance solution that is tied to the tokens to protect homeowners as well as investors from any losses or defaults that may occur during the deal process. The treasury will drive development of the dev. ecosystem globally.
If the homeowner fails to repay the investors, the insurance will cover the principal amount and release the tokens to the homeowner.
If the investor fails to receive their payment, the insurance will compensate them and transfer the tokens to the investor.
Through these innovative solutions, REITcircles is changing the Real Estate sector, in Web 3 fashion, for the individual homeowners who are tired of the tedious and cumbersome processes of the traditional market.
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