Key challenges for foreign investors in today’s real estate market include the lack of top quality and reliable property listing platforms, and dealing with the time consuming, error prone and costly processes in acquiring, managing and funding of properties. The REGO innovative real estate property sourcing, listing and technology firm is launching the REGO crypto token, blockchain technology-based trading platform and applications for the real estate market to revolutionize the trading, management and investing of real estate properties, especially for foreign investors. REGO utility tokens can be used as currency in the acquisition of certain properties listed on the trading platform and for access to the blockchain based applications. Usage of REGO tokens will significantly expedite, securitize and reduce the costs of the aforementioned processes. REGO can also offer unique services to assist foreign investors in making property investments in the US and other countries. Such services will minimize the challenges of time and costs in acquiring and managing of properties purchased from their platform.
Below Market Value (BMV) properties are residential properties available for sale at a price below their actual market value. This happens because sellers are in a situation that requires immediate liquidation of funds for various reasons; divorce, financial difficulty, relocation etc. Selling a home below market value means the owner can dispose of their property quickly, without going through a complicated and lengthy process. Investing in Below Market Value properties requires active research, careful screening, and a rigorous management process to ensure the properties are maintained cost efficiently and have stable rental income. However, it is an excellent way for property investors to maximize return on their investment as they are effectively purchasing a property with Instant Equity built in. This also means reduced risks, and higher potential of future property appreciation at a smaller initial investment. For example, a property worth $100,000 on the open market can be bought through the REGO platform at $75,000. The property investor can benefit from $25,000 instant equity from day one.
Access to quality real estate properties, especially for those that have below market pricing or replacement value, has traditionally not been available to offshore investors because information on these properties is usually not transparent. REGO reflects its founders’ belief that investors should be able to source properties with good value to returns. REGO is set up to take advantage of the well-established founder’s network and process for sourcing properties at below market prices to be listed for serious real estate investors from around the world. Their team of real estate experts who have many years of experience in the property investment sector will carefully screen high yield real estate investment properties to be listed on the REGO platform for buyers. With ongoing expansion of the real estate team and network, REGO will provide investors with a growing number of quality listings from all over the globally.
REGO tokens can be utilized to purchase properties and access blockchain based technology for property management and the real estate eco-system. Over time the REGO platform will expand its property pool to other countries in Asia and Europe. Real estate related expenses such as brokerage, legal fees, builders, renovator, maintenance, service fee, consulting and managing agent can also be managed and maintained within the REGO platform and potentially paid through REGO tokens. This can be done using ERC20 compatible mobile wallets for easy transactions. Overtime, the REGO platform will grow to include single and multi-unit residential investment properties and commercial properties which can be listed by the public and managed on the REGO platform through incentivization with REGO tokens.