Why was Deedcoin invented?
Deedcoin can save people 80% or more on real estate commission. That’s 5% of the total price of any property. Users don’t need many Deedcoin per home, because Deedcoin is not for paying for homes. Deedcoin is used to reduce the commission on the purchase or sale of a property down to 1% using licensed agents. For example, consider the sale of a million dollar home. Standard commission would be 6%, or $60,000 taken from the seller’s pocket using the old real estate system. Now, consider the same transaction using Deedcoin: The seller connects with their local Deedcoin agent using their portal. Then using Deedcoin, the seller eliminates 83% of the commission and only pays $10,000.