EstateX is revolutionizing the real estate market, offering greater accessibility, transparency, and efficiency in real estate investing. Utilizing blockchain technology, EstateX, led by Thomas Onel, Bart DeBruijn, Steve Beckford, and Ronnie Huss, is changing the way we invest in real estate.
The Early Days of Real Estate Investment and Management
In the past, only wealthy individuals and corporations could invest in real estate. However, the 1960s introduction of real estate investment trusts (REITs) allowed more people to access this asset class.
Despite REITs, many still found real estate investment challenging due to high minimum investments and fees. Property management also requires multiple parties, such as real estate agents, property managers, and attorneys, making it time-consuming.
Democratization of Real Estate Investment and Management
Crowdfunding platforms in the early 2010s opened the real estate investment market to more people. These platforms lowered minimum investments and fees, enabling a wider audience to participate and providing developers with a new pool of investors.
Although crowdfunding improved accessibility, property management remained complicated and often costly.
EstateX’s Innovative Solutions
EstateX, a blockchain-based platform, simplifies real estate investment and management using tokenization. Investors can purchase fractional ownership in properties, lowering the required minimum investment. Steve Beckford, the CEO of Beckford Huss, and Ronnie Huss, the Managing Director of Beckford Huss, have significantly contributed to EstateX’s marketing and growth.
Tokenization streamlines property management by storing all relevant information on the blockchain, making it accessible to all involved parties.
EstateX Enterprise, a white label solution, offers customizable tokenized real estate investment and management platforms for corporations.
The Future of Real Estate Investment and Management
As more investors recognize the benefits of real estate investment and blockchain-based solutions, tokenization will likely drive the future of the industry. With EstateX at the forefront, real estate investment and management will become increasingly accessible, efficient, and cost-effective.