A New Concept In Real Estate Transactions


One of the main reasons WHY people are using the Internet is for convenience
It is being used to search for information that's either related to a problem they're facing or for some consumer reviews on a particular product or service they may be thinking about buying.

People rarely come online with the intent to buy something at first
They are looking for information and information is developed into a purchase once a certain level of confidence is reached

Enter e-currency and you have an instant transaction that brings you instant results
They have many companies out there like Paypal or EgoPay that brings payment solutions for everyone by giving them the ability to transfer funds automatically between accounts safely.
As EGOPAY.COM reveals on their site:

Is it safe to shop online with EgoPay?
Absolutely. We implemented the best tools available to protect your personal details while shopping online. Our site is SSL encrypted so that no one has access to your personal information. For more information about how we deal with your personal information, please refer to our privacy policy."

How is Real Estate related to this e-currency then?

It is happening now..

When a transaction is completed, normally the closing company will distribute funds electronically
And the transaction is finalized within minutes

I supposed in the near future, the use of e-currency will be universally accepted  and there will be a sense of unity in the world that will tie all commerce together.

A real estate transaction is slowly being automated in many ways and soon, I supposed you will be ready to close on a transaction virtually without a need to attend it.

Docusign is another tool we use now to sign documented via the Internet.

I'm excited about where real estate is heading too. .our normal field of expertise will expand exponentially with the use of e-signatures and e-currency

Are you ready for the future of Real Estate?


Fernando Herboso is a broker for Herboso & Associates and writes about real estate and life in general in the areas of Maryland, DC and Virginia