Estate agent Ronnie Rickner, director of Rickner Charles, has started accepting cryptocurrency as payment for the company's services and has already received a fee from one of his clients in Bitcoin for the sale of a property in Rochester worth £600,000.
Other agents also reported using digital currency in their transactions. Last year, Go Homes said it had sold £350,000 worth of properties for bitcoin, and some landlords have begun accepting rent and down payments in the cryptocurrency.
Rickner says his offering is unique because he accepts not only bitcoin, but also ethereum and ripple. This ensures customers can transact faster without having to provide account details, and overseas buyers can benefit from lower rates. All crypto payments will be stored in a secure cold wallet or immediately converted into fiat.
In relation to compliance with anti-money laundering obligations, Rickner said that there is currently there is no legislation that would apply to the cryptocurrency sector, including the fight against money laundering. But he hopes that the matter will be resolved soon and the firm will adhere to all these laws.
We closely monitor any changes in legislation regarding our obligations, and we also ensure that all necessary checks are carried out on clients before providing any services. We want to change the industry for the better.
Rickner believes that agents need to take advantage of opportunities to compete successfully with online agents and not be forced out of business by limiting customers' payment options.
I hope that we can provide services and innovate in a way that helps customers take advantage of new technologies and not be limited by traditional payment methods.
According to propertyindustryeye.com
You May Also Like
Valve has banned blockchain games on its Steam platform.
Valve Corporation's decision to ban Web.3 technology on the most popular gaming platform has caused a stir among companies that launch blockchain games. But developers are not afraid of being left without work - they are actively lured to other sites.
Step into the metaverse: Walmart wants to create its own cryptocurrency and NFT. What corporations have similar plans?
The American corporation Walmart plans to sell virtual goods, as well as create its own cryptocurrency and non-fungible tokens (NFTs), and has already filed relevant applications with the Patent and Trademark Office. What other corporations want to "fit" into the metaverse?
