Christie’s Opens Bitcoin & Crypto Real Estate Division For Luxury Housing Market

Christie’s Opens Bitcoin & Crypto Real Estate Division For Luxury Housing Market

Christie’s International Real Estate, one of the largest luxury brokerage firms in the United States, launched a new section dedicated to dealing with real estate deals in digital currencies such as Bitcoin, according to the New York Times a report. The section allows buyers and sellers completely completing the deals with the digital currency, without involving banks.

The new unit, led by the CEO of Southern California Aaron Kerman, was created after many major property sales in Bitcoin and encryption. It includes a team of lawyers, analysts and encryption experts to manage digital transactions.

This shift comes after several million dollars in Bitcoin, including a $ 65 million real estate in Beverly Hills, where the buyer paid encryption. Christie now recounts more than a billion dollars in homes where sellers are ready to accept bitcoin.

“The trend was clear – coding here to remain,” said Aaron Kerman, CEO of the Cristanti Subcommittee in Los Angeles in an interview. “It will only increase over the next few years.”

This development comes amid the increasing federal support for digital assets. President Trump recently signed the genius law to regulate Stablecoins, and the House of Representatives passed the clarity law that aims to reduce the restrictions imposed on the encryption industry.

The owner of the invisible house, Chris Hanley, said: “Acceptance of coded currency signals is open to innovative buyers, some of whom are cryptocurrencies and billionaires who are looking for origins in the real world for diversification.”

Bitcoin is used in real estate deals to maintain privacy, often by Bitcoin and Crypto. According to Kerman, some sellers have never learned the identity of the buyer. Buyers completely overcome banks, using Bitcoin as a major payment form.

Mr. Kerman said: “We really have succeeded in protecting the identity of the buyer,” said Mr. Kerman. “If my seller feels comfortable without knowing the identity of the buyer, God bless America.”

The real estate listed in Bitcoin includes the La Fin Palace in BEL AIR of $ 118 million in BEL AIR and The Invisible House at Joshua Tree, at a price of about $ 18 million. Discussions are also taking place with banks to explore backed financing.

In the latest Bitcoin episode for companies, the Pierre Rochard host and CEO of MURANO Global Investments, Elías Sacal, how to disrupt Bitcoin, disrupt the traditional real estate investment model.

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