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Updated almost 7 years ago on . Most recent reply

User Stats

41
Posts
32
Votes
Vasyl Magura
  • Real Estate Agent
  • Cleveland, OH
32
Votes |
41
Posts

Accepting BitCoin as a Form of Payment for Real Estate

Vasyl Magura
  • Real Estate Agent
  • Cleveland, OH
Posted

Read an article about a Texas home being sold for bitcoin, and this gave me an idea.

I personally don't buy into bitcoin or any cryptocurrencies, but I see an opportunity of turning crypto into cash instantly.

Sellers can pay a premium for accepting crypto transactions for their listing, but will receive premium price for accepting crypto from buyer.

& Buyers (Crypto Holders) are responsible for volatile currency that will cost a premium but will be instantly converted into cash.

Middle man, in this case a broker/realtor cashes in on premiums from seller before the home is even listed. & additionally with every transaction.

I personally think this idea will work, as many individuals invested into the bitcoin scheme just recently, and now facing severe drops, the smart ones will move to take a loss in order to convert into tangible & stable assets.

Share your thoughts & ideas on this.

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