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First Crypto Real-Estate Team Established By Christie’s, Handling $1B In Listings


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International real estate Christie vibrates how to buy very evil homes. A new team of legal experts, encryption analysts and transactions specialists deal with deals that the buyer and the seller want to pay in Bitcoin or Ether. It is the first American mediation to provide this type of service.

Christie International drug goes encrypted

According to reports, Christie launched a dedicated division after seeing a series of large deals dealt with in digital currencies.

This step follows the sale of $ 65 million to the fully paid Beverly Hills Palace in Bitcoin. This deal for Chrisi has proven that advanced customers will adopt encryption when privacy and speed are more important.

Cross lists are higher billion dollars

Now Christie’s has more than a billion dollars in real estate for sale for encryption buyers. These properties include on the beach in Malibu and elegant modern houses in Palm Springs.

One of them is a modern house of $ 18 million in Joshua Tri, owned by film producer Chris Hanley. Crypto accepts that he is open to a new generation of buyers who quickly move and appreciate an estimate.

Image: Andrew Burton—Getty Images

Privacy pays high -end deals

Many wealthy buyers already use confidence boxes or Shell companies to hide their identities. But with an improvement in online tracking, digital currencies offer an additional layer of privacy.

This is a great lot for celebrities or technology founders who do not want anyone to know where to live. The Christie team is even dealing with sales, as the seller has never met the buyer face to face.

The total maximum Crypto market is currently at $ 3.77 trillion. Chart: Tradingview

Dealing with volatility and compliance

The encryption can be swing 10 % or more in one day. Christie plans to use guarantee accounts and real time price extracts so that none of the two sides lose money if Bitcoin decreases overnight.

The company also is in talks with major banks about allowing buyers to finance purchases with Crypto Gunateral. In parallel, Fannie Mae and Freddie Mac urged studying how to deal with cryptocurrencies as reserves in mortgage risk assessments.

Institutional acceptance is still slow

Meanwhile, organizers and banks are still interested in wild price fluctuations and money laundering. Any intense deployment of CRYPTO real estate mortgages will require new regulations and protection.

Meanwhile, most buyers will continue to pay for traditional money or loans.

Distinctive image from Unsplash, tradingvief chart

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