Quote from: ElementsEstates on May 10, 2019, 11:43:39 AM

Quote from: bbuter on May 10, 2019, 11:29:21 AM

Quote from: generous on May 10, 2019, 10:10:31 AM

Quote from: todamars2018 on April 30, 2019, 06:34:28 PM

Now in real estate agency there is a lot of birocracy and waiting..long procedures... then you wait again for bank transactions? A lot of stress for customer and seller... Will be that any faster with your platform?

it looks like this project will solve the problem for those who are always lazy with the long procedure,
it looks elementsestates have reached 2.5 million USD and soon the softcap is reached

Fully Agree! Interesting thoughts.

In my opinion Elements Estates already reached softcap, right?!?

To be clear - Transaction speed is depending on many factors.
Elements Estates will handle all the needed steps and procedures. But until national land registries are not 100% digitalized and integrated on blockchain, we will do classical contracts as well for changing and signing the ownership in land registers. At the beginning, we will use Smart contracts for ensuring that buyer or renter has enough of the tokens as down-payment/deposits, to lock them for certain period of time needed to make the transfer of ownership legit.
So we cannot (yet) guarantee "long procedures" will be history unfortunately.

WE WILL DO EVERYTHING IN OUR CONTROL TO SHORTEN THE LENGTH OF THE REAL ESTATE TRANSACTION

This answer is what I needed. So at first it will be very similar than a normal procedure for land registers and ownerships etc. And if I get this will be fixed in time. So the smart contracts are just for formality and more for transparency than real official country registers ?