Category: Titles
Topics of interest to proprietors are discussed
Protected: ReMAX Property on Blockchain
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Example of Digitized Realty Transaction
https://www.fabrica.city/
We make real estate transactions as easy as Easy online experience
buying and selling anything online
We’ve transformed a complex paper-based process into an easy and reliable online experience
Paperless instant title transfer
No more back and forth with paper documents and signatures. Our instant transaction eliminates the risk of incomplete documents
Secure online payment
The payment is processed digitally to avoid the risk of a physical check getting lost in the mail or getting bounced
How it works
1
Digitize the title
Follow a few steps online and sign the documents to digitize your property title. This way, when the transaction occurs, the title can be transferred instantly online.
3
Perform the transaction online
When a buyer is ready to complete the purchase, they can perform a secure payment online using a digital check or a debit card. Once the payment is processed, the property title is transferred online in a few seconds. No escrow or paperwork needed.
2
Create your property checkout page
Provide some basic information about your property and we will create your property checkout page. This is where the buyer can see the property information and initiate the transaction by pressing the “buy now” button.
A digital alternative to the traditional closing model
Forget the back and forth of legal documents and payments.
Perform the transaction instantly online the moment you are ready.
Digital title
Digital payment
The only end-to-end digital transaction for real estate
FABRICA
FIRSTAM
SHOPIFY
Digital experience
Paperless
Payment
instant online
via escrow
instant online
Title transfer
instant online
paper-based
Recording
immutable ledger
county recorder
Free to try, no commitment
Get started and create your property profile now.
Protected: DIGITIZING PROPERTY TITLES
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Protected: Real-Estate Revolution
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A SIMPLE smart AGREEMENT
1—This agreement (“Agreement”) is comprised in part through this document (“Document”) and in part through a smart contract (“Smart Contract”) which will be deployed on the Ethereum network (“Blockchain”) to an address known to the Agreement’s parties. Both the Document and the Smart Contract are integral to the Agreement.
2—There are two parties (“Parties”) to this Agreement, a buyer (“Buyer”) and a seller (“Seller”). The Parties will be identified by their respective public addresses on the Ethereum network. Buyer’s address will be stored in the buyer field of the Smart Contract; Seller’s will be stored in the seller field.
3—Seller agrees to sell an item (the “Item”) to be described in the personalProperty field of the Smart Contract by either Buyer or Seller for sum of Ethereum cryptographic to be defined by the salePrice field of the Smart Contact, which will be defined when the Smart Contract is deployed on the Ethereum network and later funded to the Smart Contract by the Buyer as explained in section 5 infra.
4—The Item will be transferred by a method documented in the Smart Contract in the methodOfDelivery field and title shall pass to Buyer when this Agreement is fully performed.
5—If Seller delivers the Item and Buyer fails to set the propertyDeliveredfield of the Smart Contract as explained in section 5(8) infra within a reasonable time then the Seller may demand return of the Item.
6—(A) In the event there is a conflict between this Document and the Smart Contract, the terms of the Smart Contract will control.
Protected: Steps to Selling Real Estate on the Blockchain
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Protected: SMART CONTRACT CODE
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Protected: A Basic Contract of SALE
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Protected: A Collection of Legal, Solidity Based Smart Contracts.
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