this is only to get idea what it is about. I need it to be done very good for silicon valley investors.
REAL ESTATE very large industry and real estate transactions sometimes becomes very complicated.
There are a lot of problems to be solved in real estate, but we believe that by solving one key problem, other problems will become less significant or even disappear.
This key problem is that information is in multiple places with multiple levels of trust. And solution is to collect all property transactions in ONE PLACE. Nobody succeeded yet, because real estate business is considered more local business and to do this lots of resources is needed, no company or organization can afford it.
We believe we can succeed to collect all property for sale or rent in ONE PLACE. And we mean in all the countries and all the cities with the access to internet.
We already succeeded at a small scale. In the last 24 years, while competing with other real estate companies, we were able to create model how to attract 100% property for sale information on our platform. It was done at small scale, but we proved the concept to ourselves, now its time to prove it to the world.
Today with blockchain technology and smart contracts we can collect all worlds property information for sale or rent, organize it in the most effective way and make it simple and easy access to everyone.
To do that we will need to overcome those challenges: 1. How to collect all information, when local real estate portals are in this business for years and there are many of those. 2 how to organize information in a most relevant way for specific country, there are lots of differences in coding information. 3 how to deliver information in a most simple format, so an average user can understand and how to make access to this information easy.
Think about human brain as analogy . First we collect information, then we organize it and commit to our long term memory and then we hopefully access it when we need it most.
1. Collecting information Challenge is most important. During our experimentation, when we got correct property information on our platform, with no fake or duplicated listings, we got customers attention. When we provided 3 times more listings than other portals, customers switch to our platform. And when we showed that we collect additional information about quality of the buildings, customers loved us.