Technology is advancing at the speed of light.Innovative new business models are disrupting traditional markets around theworld. But the real estate industry has been leftbehind.
Vendors, buyers and agents arelocked into outdated online listing services that charge excessivefees to list properties while subjecting visitors to intrusiveads.
These multiple listing services monopolizethe market and dictate conditions whilealso capturing and commoditizing your personal information.
That's all about to change.
Welcome toREX, a revolutionary new global listingplatform where it is free to list and search for properties. A platformwhere you won't be bombarded byads, where you are in complete control of your datawhere transactions take days, not months.
A platform that pays youto participate.
REX connectsvendors, buyers and agents over a powerful open network that rewardsyou for our contributions.
REX combines threeinnovative technologies. The blockchain, datadistribution and digital currenciesto create the world's most advanced global real estate listingservice.
And it's completely free.Instead of money, REX uses a digitalcurrency called the Rex token which enablesfrictionless transactions. Users are paid in REX tokens tolist properties or provide market data andtokens can be exchanged within the platform forfeatures and services.
REX is hosted on a globalpeer to peer distributed network, so there are no paywalls or accessrestrictions. Anyone, anywhere in the world canlist properties and view listings at nocost.
If you'd like to join the real estaterevolution, then visitRexMLS.comtoday to discover how REX can help you sell more propertyand transact moreefficiently.
Meridio is ablockchain based platform for fractional ownership of realestate.
Here is how it works.
Mike owns an office buildingworth $20M and it generates good cashflowfor him and his investors. But hewants to liquidate a portion of his equity to fund anotherdevelopment.
Sarah wants to invest in real estatebut only wants to invest $1000. Traditionally$1000 wouldn't allow Sarah to investin individual properties meaning Mike can't helpSarah and Sarah can't help Mikeuntil Meridio.
Using Meridio,Mike can divide his office property into tokens or digital shares thatrepresent equity or debt in theunderlying asset. Mike can then sell those tokens toa wider capital pool of both institutional andindividual investors.
Meanwhile Sarah now has the abilityto make real estate investments at a fraction of thecost previously required.
Mike keeps the propertyfinancials up to date on Meridio and manages anypayouts from rental income using a smart contract that automaticallydistributes earnings to token holders likeSarah.
Since Meridio operates on the ethereum blockchain,it's easy for property owners like Mike to manage theportfolio and track current investors,prices and trades.
Issue dividends to a large number ofinvestors, seamlesslyrecapitalize assets.
If Sarah wants to sell her shares in theproperty, she doesn't have to deal with contracts,lawyers or even Mike. She simply sells her tokens on the openmarket and the smart contract is updatedaccordingly.
Investors of all sizes fromSarah to institutional asset managers nowhave unparalleled liquidity inreal estate investments. Exposure to individual assetdeals. Visibility into the underlying asset's performance anddetails.
Thanks to Meridiothe real estate market is now more liquid,efficient and accessble which helps bothMike and Sarah.