Real estate refers to a real property that consist of land and improvements such as buildings, structures, minerals and utility systems.
Types of Real estate:
There mainly four types of Real estate, each having it's unique purpose and utility, before going into Real estate an investor must know which type of real estate he/she wants to get involved in.
• Land Real estate
• Residential Real estate
• Commercial Real estate
• Industrial Real estate
lets take it one after the other for easy clearification.
Land: land is just the baseline for all kinds of real estate property. Developers acquire the land which typically refers to any under developed property and vacant land, combines it with other property, do what we call rezoning, so as to increase the density and increase the value of the property.
Residential: When talking of Residential you get the view that it is about a place people live in, so the residential Real estate consists of housing for individuals, families or group of people, it is the most common type of real estate.
Commercial: Commercial? What does that tell you? Businesses right? Well commercial Real estate refers to land and buildings that are used by businesses to carry out operations such as shopping malls, individual stores, medical centers and hotels etc.
Industrial: These are mostly lands and buildings that are used by industrial businesses such as factories, research and development sites.
Real estate is very profiting business that anyone can go in but it has a lot of downers and Con's especially in developing countries.
• Real estate workers are paid on commissions only
• Fraudulent sales
• Cash shortfall
• Economic downturn
• High capital requirement to startup
• Lack of Transparency
IATokens offers a high an lasting solution to the problem in the real estate industry.
IATokens:
IAToken is a blockchain based platform that aims to make property investment easily available to the masses through the digitilization of Assets, the platform has developed it's own blockchain the IAT blockchain which the will use to act.
The company focuses on developing countries such as phillipines, the IAT Platform will be Transparent in all the resale and leasing processes.
With Blockchain at its core the platform will be;
Secured: The decentralization of the blockchain technology in the platform will make it impossible for the records stored to be changed or controlled by a single source, this will provide security against all forms of attacks and hacking.
Time and Cost Savings: The long process of ownership transfer will be tackled also with the IAT blockchain technology which will address this by maintaining a uniform source of information for all parties that are involved in the transaction.
The Two Tokens associated with the IAT platform are the Instant Assets Token(IAToken) and the Native Instant Assets Token(NIAT) these two token will be use to perform transactions in the ecosystem, the NIAT will be a local token affixed with the countries native currency. It will not be minted on its own and can only be purchased using the IAToken which is ERC-20 compatible, this is to avoid votality of the cryptocurrency market.
The company brings together everyone involved in the real estate industry, so all can benefit, Individuals, Agents, Brokers, Developers, Insurance companies etc. The ecosystem will revolutionalize the traditional real estate market.
Uses of the IAToken and NIAT:
• It be use for the purchase of assets within the IAT ecosystem
• To pay rents using NIAT and rate reduction will be provided
• Payments for furnishing buildings etc.
• Payment of legal services within the ecosystem etc.
Conclusion:
IATokens will revolutionalize the real estate industry, the brains behind this platform are professionals from Raymond Kim (Founder & CEO) of IAToken platform, supporting him are Bryan Chiew(Co-founder and Director) Malcolm Tan (Legal Advicer) etc. Why wait, join the IAT Real estate industry today and get ready to earn big.
important Links:
Website: www.iatokens.com
White paper: https://www.iatokens.com/wp-content/uploads/2019/11/whitepaperv4.pdf
E-mail: [email protected]
Facebook: fb.com/iatofficial
Telegram: t.me/iatokens
Twitter: https://twitter.com/IA_Tokens
Writers Details
Bitcointalk username: Chika08
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2107609