Global real estate market transactions will surpass $1 tln by 2020, private investors will make about one-third of those sales. The time and cost savings of doing deals directly between buyer and seller will make the Blockchain the main transaction platform of the future. Real estate closings are a notoriously long process, involving appraisers, real estate agents, lawyers, bankers and insurers. Unsurprisingly, many real estate deals end up in disputes. The transparent Blockchain would make it harder to delay real estate deals owing to a lawyer off on a golf vacation or a bank lending officer waiting for an interest
Source
CommerceBlock Turns Real Estate Buying and Selling Into a Global Tokenized Market
