Thursday, November 9, 2017

Bitcoin as a consideration for buying Real Estate

Bitcoin is already in retail and restaurants — so it was only a matter of time before the cryptocurrency took on real estate. That time is now. Bitcoin is slowly making its way into closings on everything from Lake Tahoe land in California to Manhattan condos to single-family homes in the heart of Sundance, Utah.

One of our sellers and now buyer have evolved, they have moved from mom and pops to young people who want to pay with  Cryptocurrency this is something that has been asked of us at Engel & Völkers —

Can you take cryptocurrency? 

Can we pay that way?

and of course when someone wants to pay me with a different form of payment, I am going to try to work with them and give them what they want, especially in this very busy real estate market.

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