Can we get some insights into how a real estate expert could start their own project on the platform? I personally have some real estate background and led some investments into some rental units in the past. The fundraising part is the least enjoyable part to me, so being able to use something like this would be awesome.
Thanks for your interest.
Offering a project up for funding on the platform will be as easy and straightfoward as possible. You will submit all the relevant information about you,your company and the project you want to fund and how high the ROI for the participants will be. Than we together with real estate experts from the area in which the project is based will check the information, run all the neccessary due diligence and if everything checks out your funding will start via an individual smart contract. The participants will receive a project based asset backed token. If the project is successfully funded the funds go to a third party trustee who will only disburse those funds upon proof of contract, thus securing the investors as good as possible.
Depending on how you as an expert run your project you can opt to pay out the returns monthly (e.g. for a cashflow property with a fixed exit) or for example you can offer a buyback of the asset backed tokens when to project is finished. The possibilities are endless.
For this service the platform will raise a fee, this fee is split 30%/70% between the REALISTO platform and the REA tokenholders from the initial ICO.