Thursday, January 4, 2018

Should you purchase a home using bitcoin?




In the world market, bitcoin has caused a frenzy. Sellers and buyers, with a 1,700% increase in value in the year 2017 alone, are searching for methods of capitalizing on the cryptocurrency boom.

Amongst those ways is within real estate. Even though bitcoin and additional kinds of cryptocurrency haven’t gone mainstream, cryptocurrency-friendly listings slowly are trickling within the marketplace. An increasing amount of sellers are adding cryptocurrency as a buying option within their listings.

Recently, a 9,000-sq.-ft., 7-bedroom home inside Lighthouse Point, FL, was listed for more than $14 million or an equivalent quantity in bitcoin. It’s one of 3 bitcoin-friendly homes which business partners Carol Cassis and Stephan Burke of Miami-based Brown Harris Stevens have listed for this year.

In 2014, Cassis and Burke sold their initial bitcoin to cash home. Until 2017, it was the sole transaction they had experience with. Sellers today have a desire to get their hands on the cryptocurrency; therefore, they are only either accepting bitcoin for their house or they are providing it as an option for payment.

According to Cassis, at first, they did not know what to think. They thought ‘it is Monopoly money.’ However, as bitcoin began to increase in value, Carol realized they were ahead of the curve as far as having knowledge of what it is and having the experience they had in the year 2014.

Both Cassis and Burke agree that the year 2017 was a game-changer within the cryptocurrency world. They get calls on a daily basis from folks wanting to know how they’re able to sell their home for bitcoin.

Mr. Schultz is selling his property and is currently accepting bitcoin offers. See more here.

CHECK OUT our latest SuperTrump's CryptoMANIA Investment Club here.

JOIN SuperTrump's CryptoMANIA Investment Club here.

No comments:

Post a Comment