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Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by ElvishKing: 5:07pm On Mar 03, 2018 |
What if you can buy or rent property without the need for Agents/Lawyers on the Block-chain? What if you can by pass real estate agents and buy/sell/rent your property directly from owners? UK Based Blockchain project, 'AGENT NOT NEEDED' aims to make this a reality through a peer to peer property platform. The Agent Not Needed property platform aims to revolutionise the entire property industry. The peer to peer property platform would allow buyers and sellers to communicate and transact property directly without the need for estate agents: Would empower buyers and sellers by making the process of transacting property faster, cheaper and more efficient. Use of Blockchain technology will reduce the risk of fraud Smart contracts will reduce human error and increase efficiency Use of escrow system will decrease failure rate of completed property transactions and failure rate in the chain. Real time tracking of property transaction process will help to eliminate some of the major concerns individuals have when it comes to transacting property. PROJECT PROFILE AGENT NOT NEEDED LTD (Company No. 11062976) is a private registered company in the UK. The company boasts of a strong team and advisor board, which consists of experts that have worked alongside high profile companies such as IBM, Airbus, BBC, Oculus, Jet2 and EE. Agent Not Needed will first be available to the UK with the plan to expand to other countries HOW WOULD THIS BE DONE? 1: PROPERTY PLATFORM ON BLOCKCHAIN: I. The Property Platform would be built on the Blockchain where people can can buy, sell and rent property directly without the need for estate agents, solicitors or conveyors. II. The project would utilise Artificial Intelligence (AI) and machine learning to improve the efficiency of conversions and further improve the efficiency of the product. III. The Platform will generate revenue from successful property sales and additional bolt-on services along with advertising, commission from mortgage brokers and third party service providers. 2:RAISE FUNDS IN ICO TO LAUNCH PLATFORM I. The project would raise funds to develop and launch the Blockchain version of the platform. II. ERC20 token called ‘Agent Not Needed (ANN) tokens’, would be sold as utility tokens to be aused as platform credits. III. ANN tokens would be purchased from token sale. Official token sale would run from 1st March 2018 and ends 31st March 2018. HOW THE PROPERTY PLATFORM WOULD OPERATE I. Removing all third parties from the process of buying and selling: This reduces costs as wel as cut the traditional fees paid to solicitors and conveyors and commissions to estate agents which can range between 1%-3%. II. Use of Blockchain Technology, increases security, hence, reduce risk of property fraud. This will allow the use of smart contracts to track transactions and provide proof of ownership. III. Use of Artificial Intelligence and Machine Learning to master the process of turning listings into sales. Individual property listings would be marketed. IV. Conversion of listed properties into tradable digital assets: Properties on the platform would be converted into digital tradable assets. The assets would be encrypted as digital files containing all information regarding a property and its ownership. V. Option to provide buyers a mortgage: An option to be provide mortgage solutions would be provided. This would be at the option of the interested party through the use of third party provider. If the party already has a mortgage, buyer will be required to upload these documents for verification. Once accepted buyer will only be able to place offers up to the price they have a mortgage for. If a mortgage isn’t required, then proof of available funds will be needed. Offers on multiple properties will be allowed as long as the combined offer value doesn’t exceed the buyers limit. VI. Use of ERC20 digital tokens (ANN TOKENS): The project would raise funds for the property platform by selling called ANN tokens. ANN utility tokens would be native to the Agent not Needed Platform. Tokens would be used to: -pay listing fees, Purchase Additional Features (Premium Listings, Media Packages etc, Advertise a Business the Platform, Sell ANN tokens to other platform users through the internal marketplace -ANN Tokens would be used to purchase services on the platform. -450 million ANN Tokens would be issued to the public. -30 million will be sold as early presale packages consisting of 600,000 ANN for £5000 each (50 packages total) ADVANTAGES OF AGENT NOT NEEDED PLATFORM I: One of 'few' Blockchain projects with a working 'Product' -Version 1.0 of our property platform has been built. -provides a marketplace to negotiate price, communicate and arrange viewings directly until a sale is agreed. -Property Listing: Once registered on our platform, users can list their property for sale which works similar to creating a listing on eBay. II: Use of Blockchain technology: Agent not Needed Platfrom would use smart contracts to complete all legal documents, security checks, land registry forms and the exchange of money and deeds. III:Use of Smart Contract: will send both the money and property to be held and frozen in escrow until the contracts have been signed by both buyer and seller (signed electronically). Once signed by both parties, the smart contract will release the money to the seller and the property to the buyer and will update with the government land registry. AIRDROP / Bounties / ICO / CONTRIBUTIONS/TOKEN SALE I. Project offers 100 free tokens for signing up, plus 50 extra. II. Bounty tokens are alloted for social media camapaigns. Total of 20 million is alloted to bounty and airdrop campaign. III.Token sale would run from 1st March - 31st March 2018. Minimum contribution is pegged at equivalent of 30 Pounds. Tokens can be purchased with Ether. For e.g. 1 Ether would get you 28,000 ANN Tokens in the sale IV. All Tokens would be distributed after token sale, i.e. after 31st March LISTING ON EXCHANGES Application to be listed on Binance has been submitted. Other exchanges like Huobi, cryptopia, are also in the works FINAL WORD This project offers unique opportunities for the real estate industry in the long run. The project has great potential to be adopted in many countries like Nigeria Those who have property to advertise can look forward to this great Block-chain project. Project website is listed on my profile. |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by Uziink: 6:15pm On Mar 03, 2018 |
Wow. This is a lovely concept and it will go far in Nigeria. House Agents can be a bigpain in the ass mehn. That's how those fraudulent agent collected 15%as agency fee instead of 10% from my cousin o. Anyways ,na jjc she be. Nice one Op. Let's eliminate agents together. AGENTS NOT NEEDED OOO. Let's transact with house owners chikena. |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by Uziink: 7:33am On Mar 04, 2018 |
But Op. Please I have a question. Hope their services will be very much available here in Nigeria since it's based in the Uk sir. |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by ElvishKing: 11:24am On Mar 04, 2018 |
Uziink: I think the general idea is to expand the project worldwide. They need industry leaders in the real estate to partner with in each country. If you have any expertise in real estate, you can contact them on telegram. You can also check them out on my signature |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by yom2(m): 1:09pm On Mar 04, 2018 |
Uziink:then why are u not transacting direct with car makers, rice millers? |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by yom2(m): 1:12pm On Mar 04, 2018 |
ElvishKing:in other words there will still be some one playing d role of an agent she? |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by ElvishKing: 1:25pm On Mar 04, 2018 |
yom2: One never conpletely remove middle men in most industries. But I think it is possible to transact business with car makers and rice millers. For e.g you can get a dealership or in the case of rice millers you could make direct contact with them to market their rice? Thats why you see lots of rice sellers around. Same concept: I can market my property directly to a buyer without an agent. What I need is the platform |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by ElvishKing: 5:39pm On Mar 04, 2018 |
yom2: Not necessarily. The platform is intended to be directly utilized by buyers and sellers. You dont need any third parties all. |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by Uziink: 5:57pm On Mar 04, 2018 |
yom2:If it's possible to deal with Toyota, Honda, kia e.t.c . direct, people will buy the idea sharp sharp bro. You will be surprised how much a car will cost if you are buying directly from manufacturer. This is a nice concept. Maybe It will take time but it's a nice one. |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by yom2(m): 12:03am On Mar 05, 2018 |
Uziink:bros o , d bottoml line still remains that there will always be middle men in every business, that's the role agents are playing. they are doing a good job. forget d bad ones |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by yom2(m): 12:08am On Mar 05, 2018 |
ElvishKing: |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by yom2(m): 12:14am On Mar 05, 2018 |
ElvishKing:bros u have indirectly answered d question.even in advanced economies like U S we still have agent. technogy can't take that away |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by ElvishKing: 9:09pm On Mar 05, 2018 |
yom2: For those who choose to use them. Technology gives us choices, which otherwise we will not have. Do you have property to sell? |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by Uziink: 7:57pm On Mar 07, 2018 |
It's a nice one ..Good one. We are looking for ways to simplify things for everyone. |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by Abbey555: 9:50pm On Mar 19, 2018 |
ElvishKing: Very interesting project. I actually looked them up. The project presents many opportunities in the real estate world |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by ElvishKing: 8:58am On Mar 20, 2018 |
Abbey555: Thanks for your input. I think the project is amazing. By the way, do you know their peoject is rated 4.5 by ICObench? |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by waleskenny(m): 1:43pm On Mar 20, 2018 |
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Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by Abbey555: 10:56am On Mar 22, 2018 |
ElvishKing: I can understand why the project will be rated 4.5 by ICObench. We are almost there, been able to market your properties yourself without having to to go through anyone. How amazing. |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by ElvishKing: 1:38pm On Mar 31, 2018 |
Thanks for your support |
Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by honeycrown16(m): 12:46pm On Apr 17, 2018 |
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Re: Agent Not Needed (ANN): Aims To 'remove' Agents From Real-estate Transactions by Nobody: 4:41pm On Oct 15, 2020 |
Market Realty is an excellent Telegram group for both Agent, Buyers and Sellers of genuine property http:///marketrealty |
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