What is RealT? Who can Invest? How do I invest?
What is RealT?
‘RealT’ is a hybrid of the word realty, real estate property, and token. RealT is a platform that offers simplified investments in real estate. Our mission is to democratize access to real estate investment opportunities, curated by a team of real estate professionals.
RealT sells real estate property through the internet, allowing real estate to be purchased from nearly anywhere in the world. RealT properties are fractionalizable, so suitable investors can invest any amount that fits their needs. Additionally, RealT has reduced the time to purchase real estate from a minimum of 30 days and numerous steps with third parties, to just 30 minutes and on your phone or computer.
With tokenization, real estate investments can be made affordable to nearly anyone. A single token for RealT properties costs around $50 per token, which are the lowest investment minimums the real estate industry is able to offer. Traditional pen+paper competitors to RealT have $5,000-10,000 investment minimums.
Real estate is also a notoriously illiquid industry. By turning real estate into digital tokens, real estate can be accessed by far larger numbers of potential buyers, both due to fractionalization of the tokens and the potential reach of internet-based markets. The larger market participants that digital tokens are able to reach increases the liquidity of real estate. Additionally, financial applications on Ethereum and Gnosis Chain offer solutions to accessing liquidity for valuable tokenized assets.
On the website you can only buy whole tokens.
On the secondary market (DEX or OTC market) you can buy fractions of tokens.
RealTokens are the purchasable asset; the digital representation of ownership in the LLC/Inc. that owns the deed to the property. Each property on RealT has its own set of unique RealTokens associated with it. If you want to know more about the Legal at RealT feel free to check out our article about it.
Who can invest?
RealT is available for everyone, and you can purchase RealToken starting at $50!
Almost all residents from European, American, Asian, and African countries can sign up and invest with RealT.
The only countries that RealT does NOT work with are the following: Belarus, Burma, Burundi, Central African Republic, Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, Libya, Mali, Nicaragua, North Korea, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, and Zimbabwe.
RealT is currently unavailable to U.S. investors, but that should change in the next few months. Stay tuned!
How do I invest?
Onboarding Tutorial available in English, French and Spanish.
1. On realt.co, click on the Register / Sign In Button
2. Submit your ID Verification
The second step is to submit a picture of your ID and a selfie to your user-account. You can do this here.
3. Purchase real estate
Browse the Marketplace and select your favorite property to purchase. Checkout and pay with your Debit/Credit card or with cryptocurrencies (USDC/USDT/USDC.e/XDAI/ETHER/WETH/MATIC).
4. Sign the Purchase Agreement
Once you have gone through step 3, an email will be sent to your inbox from Tediji with documents to sign online. These documents are the legal documents that link the token to the property as well as provide further details as to the structure of the legal ownership of the property.
5. Receive the RealToken(s)!
Once you have signed the contract, you must choose how you want to receive your rents and tokens in your Portfolio (Gnosis Chain or Ethereum).
Depending on how fast you do all these things, you can get your first real estate tokens within 24 hours!
Our fees?
RealT includes a 10% fee when listing properties on our marketplace and then takes 2% on the income. All yields displayed are already net of fees.
Regarding the 10% listing fee, when RealT removes it, governance tokens (REG) are issued to investors to compensate. If you want to know more, click here.
Updated on: 11/12/2024