Easy-to-use self-managed portal. ReitCircles provides a platform to easily tap into their equity in real estate assets by selling small portions to investors globally. No intermediaries like banks are needed. In addition accidental coverage insurance is provided as an option that helps in repayment of the principal taken.
Once you have completed the KYC / AML checks required to validate real world assets and their ownership, the process of bidding and acquiring funding for your house or apartment is fairly straight forward using our bidding / marketplace auctions. Money will be transmitted within minutes of the bid closure.
Once you and your asset has passed compliance and ownership checks, you can sell part of your asset at fair price on the Reitcircles marketplace. Global investors will be looking for proper assets to invest in, with high growth and long term ownershIp perspective.
When owners sell part of their assets on the Reitcircles platform, they have the option of buyback within a particular period of time, against a payout to the investors. And this means that the owner is able to tap into the value of the house and invest this capital for urgent needs. And then buy back his share to retain complete ownership of the asset.
A new form of insurance product based on crypto tokens will be provided to the stakeholders. So if the house owner wants to release his equity then he can take this insurance that will allow total payback of the principal to the investor and automatic token release to the owner. Please contact us for more details.
We are connected to partners who will provide the verification service so that you can easily be onboarded onto this platform. This will include an asset survey report and submission of various relevant documents based on which the asset can be hosted on the platform for bidding by investors globally.