Services & Key Features
In having a firm understanding of the pain pot holes within the real estate industry, Sociallocket have carefully designed and developed services and features to assist in making the process seamless. Offering many services and features, some we pride ourselves on are:
Property Listing: Buyers are able to list their real estate assets, advertising them to a global community.
Payment Gateway: Buyers and sellers are able to transact on real estate assets without the need of worrying about security.
Decentralised Exchange (DEX): Knowing security and ownership is key, the platform has it own decentralised exchange to allow assets (Real Estate) to be easily acquired, now treating it as any other commodity. The DEX has been custom built to follow best practices to protect both buyers and sellers.
Escrow Accounts: With security of both data and funds being important to both Sociallocket and the users of the platform, automated custom escrow accounts will be formed when carrying out transactions to ensure all parties involved are protected.
Tokenisation: By tokenising assets, the platform is able to bridge the gap between the physical and digital world, bringing efficiency, transparency and most important security when transacting (trading) real world assets (Real Estate).
Controlled Data Access: No more fragmented data, no more data being out of date. The platform is designed to ensure data shared across users is up to date as well as not duplicated.
Document Sharing: No more duplication of documentation. Part of being green, the Sociallocket platform create a space for users to securely share relevant documents needed throughout the property purchasing process. This mean, no downloading, printing and signing documents but a seamless process.
Private and Public Messages: To ensure communication flows amongst all stakeholders within the property purchasing process, the Sociallocket platform provides both private and public messaging allowing transactions to be completed in a shorter period of time.
Search & Geolocation: Itβs important to be able to both be able to have specific search alongside geolocation. Why? Who wants to waste time when searching for a property or other types of real estate assets?
Historical Records: With many platforms sharing out dated data, Sociallocket prides on providing a historical record of data. This ensures, all transactions and communication between stakeholders are both transparent and recorded if ever need in the future preventing fraud and mislead deals taking place.
Immutable Data: In utilising the blockchain, data is not only secure and transparent but immutable meaning that the data cannot be changed once recorded. Can we get more secure and transparent than this?
KYC: Itβs important that the Sociallocket platform carryout KYC to ensure everyone using the platform is who they say they are. Not only that but itβs also imperative that real estate assets listed are regulated and are true to their listings.
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