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Ecosystem of Stakeholders

The ecosystem of stakeholders where tokenized incentives and decentralized networks will play an increasingly important role in real estate operations and investments.

Participants​

Real Estate Agents​

Professionals who facilitate property transactions between buyers and sellers.

  • Generate leads and find potential clients
  • Assist sellers in pricing and marketing their properties
  • Show properties to potential buyers
  • Negotiate offers and counteroffers
  • Prepare and review real estate documents
  • Coordinate property inspections and appraisals
  • Provide market insights and advice
  • Guide clients through the closing process

Real Estate Brokers​

Experienced agents who manage their own firms and supervise other agents.

  • Oversee and manage real estate agents
  • Ensure compliance with real estate laws
  • Review and approve contracts
  • Provide training and support to agents
  • Manage brokerage operations and finances
  • Develop business strategies and marketing plans
  • Network with industry professionals

Mortgage Lenders​

Financial institutions or individuals providing loans for property purchases.

  • Evaluate borrowers' financial standing
  • Recommend suitable loan products
  • Process loan applications
  • Coordinate with appraisers
  • Underwrite loans and make lending decisions
  • Manage relationships with industry professionals
  • Stay informed about market trends

Appraisers​

Professionals who assess property values for various purposes.

  • Inspect properties to assess condition and features
  • Research comparable property sales
  • Analyze market trends and economic factors
  • Prepare detailed property value reports
  • Provide unbiased opinions of value
  • Testify in property valuation disputes

Home Inspectors​

Experts who examine properties for potential issues before a sale.

  • Conduct thorough property inspections
  • Assess major systems (electrical, plumbing, HVAC)
  • Identify safety hazards or structural issues
  • Prepare detailed condition reports
  • Explain findings to clients
  • Recommend further inspections or repairs

Title Companies​

Firms that verify property ownership and facilitate title transfers.

  • Perform title searches
  • Issue title insurance policies
  • Prepare and review closing documents
  • Facilitate property title transfers
  • Manage escrow accounts
  • Ensure legal requirements are met

Property Managers​

Professionals overseeing day-to-day operations of rental properties.

  • Market and lease properties
  • Screen and select tenants
  • Collect rent and handle financial transactions
  • Coordinate maintenance and repairs
  • Respond to tenant concerns
  • Ensure compliance with housing laws
  • Prepare financial reports for owners

Property Developers​

Individuals or companies coordinating property development or renovation.

  • Identify and acquire suitable land
  • Obtain necessary permits and approvals
  • Coordinate with architects and engineers
  • Secure project financing
  • Oversee construction and project management
  • Market and sell developed properties
  • Manage contractor and authority relationships

Real Estate Investors​

Individuals or entities purchasing properties for investment purposes.

  • Research and analyze market trends
  • Identify investment opportunities
  • Conduct due diligence on potential properties
  • Secure financing for investments
  • Manage and improve investment properties
  • Monitor portfolio performance
  • Develop exit strategies for investments

Real Estate Attorneys​

Lawyers specializing in property law and transactions.

  • Review and prepare real estate contracts
  • Conduct title searches and resolve issues
  • Advise on legal aspects of transactions
  • Represent clients in disputes or litigation
  • Assist with zoning and land use issues
  • Facilitate commercial real estate transactions
  • Ensure compliance with real estate laws

See job description to learn more about responsibilities and expectations.

Escrow Officers​

Neutral third parties handling financial aspects of real estate transactions.

  • Manage escrow accounts
  • Collect and disburse funds
  • Ensure all conditions of sale are met
  • Prepare closing statements
  • Coordinate with all parties involved in the transaction
  • Maintain accurate records of all transactions

Architects and Engineers​

Professionals involved in the design and planning of real estate projects.

  • Design buildings and structures
  • Create blueprints and construction plans
  • Ensure designs meet building codes and regulations
  • Collaborate with developers and contractors
  • Oversee construction to ensure adherence to plans
  • Address design-related issues during construction

Real Estate Marketers​

Specialists who help showcase properties for sale.

  • Photograph and video properties
  • Create virtual tours and 3D models
  • Develop marketing materials (brochures, websites)
  • Manage social media campaigns for properties
  • Write compelling property descriptions
  • Coordinate with agents on marketing strategies

Insurance Agents​

Professionals providing property insurance.

  • Assess property risks
  • Recommend appropriate insurance coverage
  • Process insurance applications
  • Handle policy renewals and updates
  • Assist with claims processing
  • Educate clients on insurance options

Property Accountants​

Experts handling financial aspects of real estate investments and transactions.

  • Maintain financial records for properties
  • Prepare tax returns for real estate investments
  • Analyze property performance metrics
  • Advise on tax implications of real estate transactions
  • Assist with budgeting and forecasting
  • Prepare financial statements for investors or lenders

Compliance Specialists​

Professionals ensuring adherence to local regulations in real estate transactions and developments.

  • Monitor changes in real estate regulations
  • Conduct compliance audits
  • Develop and implement compliance policies
  • Train staff on compliance requirements
  • Liaise with regulatory bodies
  • Manage risk associated with non-compliance

Real Estate Analysts​

Experts studying market trends and providing insights for investors and developers.

  • Analyze real estate market data
  • Prepare market research reports
  • Forecast real estate trends
  • Evaluate potential investment opportunities
  • Assist in portfolio management decisions
  • Provide insights on market conditions to clients

Construction Companies​

Firms responsible for building or renovating properties.

  • Execute construction plans
  • Manage construction crews and subcontractors
  • Procure materials and equipment
  • Ensure compliance with safety regulations
  • Coordinate with architects and engineers
  • Meet project deadlines and budgets
  • Handle quality control and inspections

Construction sub-contractors by job to be done

Buying and Selling​

  • Analyst: Performing financial analysis and valuation of properties
  • Appraiser: Valuing properties
  • Agent: a sales agent or realtor
  • Building Inspector: Someone who examines buildings and works with appraisers
  • Commercial Broker: An agent who sells commercial properties
  • Director of Real Estate: A corporate job
  • Home Inspector: Someone hired to assess the quality of a home for a seller or purchaser
  • Loan Underwriter: A person who analyses the creditworthiness of a borrower
  • Mortgage Specialist: A person who approves mortgage applications
  • Real Estate Attorney: A lawyer who specializes in real estate transactions

Design and Planning​

  • Architects: Responsible for designing the building layout and appearance.
  • Civil Engineers: Focus on the structural elements and site planning.
  • Mechanical, Electrical, and Plumbing (MEP) Engineers: Design and plan the mechanical, electrical, and plumbing systems.

Site Preparation​

  • Excavators: Prepare the land for construction.
  • Surveyors: Measure land and evaluate the design.

Structural Work​

  • Concrete Workers: Lay the foundation and other concrete structures.
  • Carpenters: Build the framework, doors, and windows.
  • Steelworkers: Install steel beams in larger constructions.
  • Masons: Work with brick, concrete blocks, and natural stones.

Building Systems​

  • Electricians: Install and maintain electrical systems.
  • Plumbers: Install and maintain plumbing systems.
  • HVAC Technicians: Install heating, ventilation, and air conditioning systems.

Finishing Trades​

  • Painters: Paint walls, ceilings, and other surfaces.
  • Tilers: Install tiles on floors, walls, and other surfaces.
  • Flooring Installers: Install various types of flooring, such as wood, carpet, and laminate.
  • Drywall Installers: Install drywall panels and handle plastering.

Specialty Trades​

  • Roofers: Install and repair roofs.
  • Insulators: Install insulation materials.
  • Glaziers: Install glass windows and other glass structures.
  • Landscapers: Work on external grounds, including planting and paving.

Project Management​

  • Construction Managers: Oversee the entire project, ensuring it stays on schedule and budget.
  • Quantity Surveyors: Manage costs and contracts.
  • Health and Safety Managers: Ensure compliance with safety regulations.

Other Support Roles​

  • Labourers: General helpers who may perform a variety of tasks.
  • Equipment Operators: Operate heavy machinery like cranes and bulldozers.

By Country​

Denmark​

  • digishares.io: Get your own Tokenization Platform for Compliant Issuance, Investor Management and Peer-to-Peer Trading of Digital Asset Securities.
  • realestate.exchange

Business Analysis​

Real Estate companies leveraging technology to disrupt business models of the real estate industry.

Flow​

Flow is a new residential real estate venture generated significant interest and investment, many details about its exact operating model and how it will implement its vision remain unclear. The company's website is still minimal, and the full business plan has not been made public as of 2024.

https://www.flow.life/

Reinvent living spaces to promote communities that live in flow.

Tbe business model is built on four main pillars:

  • A property management company to handle day-to-day operations
  • A real estate management company to hold assets
  • A financial services company
  • A mechanism to share value with "value creators" (likely tenants)

Funding and Valuation:

  • Flow received a $350 million investment from Andreessen Horowitz (a16z) in August 2022
  • This investment valued the company at over $1 billion before launch, making it a "unicorn"

Property Portfolio:

  • Flow plans to initially operate 3,000 apartment units purchased by Neumann
  • These properties are located in Nashville, Atlanta, Miami, and Fort Lauderdale
  • First Property, 639-apartment complex in Fort Lauderdale

Operating Model:

  • Flow aims to revolutionize the rental housing market by creating a sense of ownership and community for renters
  • The company plans to offer concierge-like benefits to tenants
  • It will provide management services for Neumann's properties and potentially third-party landlords
  • Flow is developing an app to enhance the resident experience, including features for inter-tenant communication, maintenance requests, and virtual keys

Community Focus:

  • The company emphasizes creating a community-driven living experience
  • This approach is inspired by Neumann's background in Israeli kibbutz living, but with a capitalist twist

Tenant Equity:

  • Hints at a mechanism to provide renters with some form of equity or "perceived value" in their living spaces
  • Reports suggest a digital crypto wallet within Flow's financial services

Property Management:

  • Flow is focusing on improving living standards in its properties, with increased attention to maintenance, security, and amenities
  • The company aims to differentiate itself from traditional apartment complexes by being more resident-focused

Tech Strategy: Flow's approach is centred on creating a technology-driven, community-focused living experience that blends aspects of renting and ownership. By integrating these various technologies, Flow aims to transform traditional apartment living into a more connected, efficient, and value-driven ecosystem for residents. How technologies will be used to redefine the residential real estate ecosystem:

  1. Native Mobile App: Flow is developing a proprietary app to enhance the resident experience. This app will likely facilitate seamless communication, maintenance requests, and access to building amenities.
  2. Backend Systems: The company is rebuilding backend systems to manage properties more efficiently. This suggests an emphasis on streamlining operations and improving property management through technology.
  3. Blockchain and Cryptocurrency: While details are limited, there are indications that Flow may incorporate blockchain technology and potentially a cryptocurrency component. This could be used to create a tokenized rewards program or facilitate crypto payments, although the exact implementation remains unclear.
  4. Digital Wallet: Reports suggest Flow is planning to launch a digital wallet for cryptocurrencies. However, its connection to the core real estate business is not yet fully defined.
  5. Community-Driven Technology: Flow aims to use technology to foster a sense of community among residents. This could involve features for inter-tenant communication and organizing community events.
  6. Integrated Management Systems: Flow is developing a vertically integrated system that combines property ownership, technology, and management teams. This holistic approach aims to create a seamless experience for residents.
  7. Data Analytics: While not explicitly mentioned, it's likely that Flow will use data analytics to optimize property management, predict maintenance needs, and improve the overall resident experience.
  8. IoT and Smart Home Technology: Although not directly stated, given the focus on modernizing the living experience, Flow may incorporate IoT devices and smart home technologies into their properties.

Media Coverage

Lofty​

Lofty operates a tokenized fractional real estate investment platform, allowing users to invest in properties with as little as $50. They generate revenue through fees on property listings and transactions.

Essentials

Investment Analysis

  • RoI Scenario Model

Onboarding

  • User Experience
  • Tokenomic Incentives

Analyst Reviews

Media Coverage

Propy​

Promoted on Coinbase.

Roofstock​

Others​

  • cubi.casa
  • clevair
  • nornorm
  • realt.co: For the first time, investors around the globe can buy into the US real estate market through fully-compliant, fractional, tokenized ownership

Exchanges​