Sell your property - CryptoProp (2024)

Sell your property

Access more buyers and new market opportunities to sell

Selling your property for cryptocurrencyis fairly straightforward for the owner involved in a blockchain currency transaction.

With an experienced agent on your side you can avoid unnecessary risk, ensure a safe transaction, and choose to receive final payment in your choice of crypto currency, stable coin, or fiat currency (USD, EUR, GBP, CRC, CAD, etc…) anywhere in the world.

CryptoProp.co offers a one-stop, comprehensive service in partnership with real estate advisors, listing agents and other professionals including legal, tax and financial specialists with cryptocurrency transaction experience.

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Selling your property for cryptocurrencyis fairly straightforward for the owner involved in a blockchain currency transaction.

With an experienced agent on your side you can avoid unnecessary risk, ensure a safe transaction, and choose to receive final payment in your choice of crypto currency, stable coin, or fiat currency (USD, EUR, GBP, CRC, CAD, etc…) anywhere in the world.

CryptoProp.co offers a one-stop, comprehensive service in partnership with real estate advisors, listing agents and other professionals including legal, tax and financial specialists with cryptocurrency transaction experience.

Sell your property - CryptoProp (1)

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The selling process

Selling for crypto can be as simple or complicated as any other real estate transaction.

Selling property for crypto can besimpleeasyquickcomplicatedtransparentjust like any other real estate transaction.

Step 1:
Prepare

Use a knowledgeable crypto real estate agent to prepare yourself and the property for a crypto sale.

Make sure you’ve explored what type of crypto transactions you’re willing to consider: all crypto, partial crypto, crypto-to-fiat, financed, etc..

Step 2:
Promote

List with an agent and Cryptoprop.co to promote your property specifically to global crypto buyers.

If you don't have a knowledgeable crypto agent consider using a Cryptoprop certified agent in your area.

Step 3:
Leads

Receive emails and calls directly from crypto buyers interested in your property.

Buyers using cryptoprop are already familiar on their end, and they can contact you directly for next steps.

Step 4:
Agreement

Finalize and document all the price, currency, timing, and other conditions for sale.

This is similar to any other property sale except you'll need to include the particular crypto payment details in the escrow or contract documents.

Step 5:
Transaction

Crypto sales settle in minutes. Crypto-to-dollars or other currencies can clear same-day.

A knowledgeable agent can facilitate the exchange if you're converting BTC, ETH, crypto or other currencies. Keep in mind this can have an associated fee depending on the particulars of your sale.

Seller checklist

What do I need to sell my property in a crypto transaction?

  • Contact your listing agent to make sure they understand the crypto selling process.
  • Talk with your accountant and lawyer to make sure you understand the implications of selling for cryptocurrency. Contact your listing agent to make sure they understand the crypto selling process.
  • List Item #2
  • List Item #3

Crypto Seller FAQs

questions frequently asked by property owners.

Selling your home or property for bitcoin or other cryptocurrency helps you access more possible buyers and creates new market opportunities to sell.

Cryptocurrencies offer native technological advantages over legacy infrastructure for the settlement of funds. Blockchains offer fast and final settlement where proof of funds is verified quickly and easily on a public ledger, with greater transparency and ease. The decentralized nature of these payments methods can also reduce wire fraud and due diligence costs. USD-denominated stablecoins (USDC, USDT, etc) allow sellers to benefit from this technology without exposure to the volatility and risk profile of many crypto assets.

At the end of the day, it broadens your seller options. Early adopters of cryptocurrency are looking to diversify their holdings, and real estate is a prime investment category for this globally.

Yes, you can sell your house, apartment or property for 100% cryptocurrency. In many cases the buyer will establish the crypto currency they are willing to pay in; however, you can choose to receive this payment in BTC, ETH, or any other cryptocurrency you choose.

Keep in mind that you may have to consider exchange costs during the negotiations if you want to receive a cryptocurrency different than the one your buyer is offering.

Also, you may have other associated costs which may or may not be paid with cryptocurrency and you or your agent can clarify beforehand, including but not limited to local taxes, your bank or financial costs to free the property of any mortgages or liens, escrow fees or legal fees.

You can sell your property for any currency or combination of stored value assets you choose.

Like other transactions, you and your real estate agent will need to understand the payment method preferred by the buyer and the ways you are willing to receive payment. If the buyer’s payment is different than the crypto or other currency you are willing to receive, you can program an exchange from crypto to fiat currency for all or part of the payment amount.

A Cryptoprop Certified Agent or experienced real estate agent will be able to help with the necessary documentation to make sure there are no surprises in the process.

Yes. You can secure a buyer who is willing to pay for your property in bitcoin or other cryptocurrency and exchange this payment for dollars or any other fiat currency. Both sides will need to agree on the timing of conversion which will also determine who bears the cost of exchanging crypto to USD or any other currency. This should be clear during the negotiation and documented for closing.

Your experienced crypto real estate agent can help make sure the exchange process is efficient and transparent.

You or your agent can sign up for a free plan or pay to get featured exposure for your property. We recommend you work with your local knowledgeable real estate agent or one of the Cryptoprop Real Estate Professionals to not only help promote your property, but also lead the negotiation and closing process. The experience and foresight of the real estate agent will greatly reduce unnecessary risk and help make the entire process even more efficient.

Yes. You’re liable for taxes depending on your current country of residence, legal status, and a variety of considerations regarding capital gains.
Title transfer and local taxes are usually paid in local currency directly to the necessary government authority. Your lawyers, inspectors, real estate agents and other professionals may or may not accept cryptopayment. Please be sure to check to avoid surprises later one.

Yes. If you don’t want to keep the payment you receive in crypto, this can easily be exchanged.

A knowledgeable real estate agent will already have an available service or exchange partner depending on the amount, timing and characteristics of your real estate cryptocurrency transaction. A Certified CryptoProp Real Estate Agent will be able to lead the process and guide you or your real estate agent for any necessary exchange options.

Crypto exchange to fiat currency (USD, CAD, GBP, EUR, CRC, etc…) can usually be completed within minutes or up to 48 hours depending on your needs. The full amount is then deposited into your traditional account anywhere in the world.

The final purchase price is always determined in fiat (government-backed currency).

For example, if the purchase price for the property you’re selling is $800,000, then the market value of the cryptocurrency (bitcoin, USDT, USDC, ETH, etc) will equal $800,000 at the time of closing.

The exchange rate is established based on the mutually agreed indicator from a publicly available exchange. You can reduce market volatility by choosing a stable coin whose value is already tied to USD, Euro, or other fiat currency.

If the transaction is completed as crypto to crypto, the specific instructions will be written into the purchase agreement or buy-sell contract or escrow agreement stating that the buyer and seller agree to the market fluctuations after the close of escrow and that the buyer is no longer responsible for those fluctuations.

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  • Publish your property free for 6 months.
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  • Receive leads direct to email or phone.

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Sell your property - CryptoProp (2024)

FAQs

Why do I keep getting calls about selling my property? ›

Not all unsolicited offers come from investors seeking financial gain. Homebuyers and their real estate agents may approach property owners with unsolicited offers, particularly in competitive markets where housing is in short supply and buyer demand outstrips available homes.

Has anyone bought a house with crypto? ›

Bitcoin deals have come a long way

Although once met with skepticism, crypto-backed real estate deals have become streamlined since the currency's early days. The proof is in the history, perfectly illustrated by this story of Southern California's first-ever bitcoin-backed real estate sale.

How do you convince someone to sell their property to you? ›

If you have competition, you've got to be a little more convincing. It's important to tell the seller how much their home would mean to you. Talk about the children you plan to play with in the backyard. Talk about how you plan to replace the roof, regularly mow the yard, and invite your parents over to stay.

Is it hard to sell property? ›

Qualities of a successful FSBO seller

It takes a specific skill set to sell a house without an agent. You need to be a strong negotiator to get a fair price for your house and hammer out details, such as closing costs, presale repairs and the commission for the buyer's agent. You'll need some marketing chops.

How do I stop spam property calls? ›

The National Do Not Call Registry protects landline and wireless phone numbers. You can register your numbers on the National Do Not Call Registry at no cost by calling 1-888-382-1222 (voice) or 1-866-290-4236 (TTY). You must call from the phone number you wish to register.

What is the number one reason why a property does not sell? ›

Your price is too high

No doubt about it, the most common reason for a home not selling is that the asking price has been set too high.

How do you write a letter to convince someone to sell their property? ›

In a homebuyers letter, thank the seller for their time and thoroughly proofread what you've written.
  1. Choose a Format. Some letters to sellers are handwritten. ...
  2. Build a Connection. ...
  3. Keep It Short. ...
  4. Stay Positive. ...
  5. Show, Don't Tell. ...
  6. Include Your Offer Plans. ...
  7. Leave Out Your Remodeling Plans. ...
  8. Finish Strong.

How do I become a convincing seller? ›

10 Habits of Highly Persuasive Salespeople
  1. They listen. ...
  2. They know their value propositions. ...
  3. They aren't pushy. ...
  4. They don't get defensive. ...
  5. They adapt. ...
  6. They aren't patronizing. ...
  7. They ask the right questions. ...
  8. They get to know their customers.

How do you market a hard to sell property? ›

How to Sell a Home in a Difficult Market
  1. Create a Page on Your Website to Market the Property. ...
  2. Create and Distribute Flyers. ...
  3. Post the Property on Free (But Popular) Listing Pages. ...
  4. Offer a Referral Reward. ...
  5. Invite Buyers to Spend the Night in the Home. ...
  6. Network With Local Employers. ...
  7. Do Virtual Property Tours on Your Social Media.

How quickly do most houses sell? ›

After an offer is accepted, home sales typically require an additional 30- to 45- day closing period before they are officially sold. Therefore, the average time it takes to sell a house is 55-70 days in the U.S.

Why do properties fail to sell? ›

Home sellers can hurt their home sale chances by overpricing, not having the right marketing done, failing to communicate with the real estate agents and/or buyer and more. By avoiding these pitfalls, the home seller can make sure they sell their home on the first listing try.

Is it smart to sell an investment property? ›

How long should I keep an investment property? Generally, it is best to wait at least a year after you purchase a property to sell it. If you sell it in less than a year, you will have to pay short-term capital gains taxes that may be higher than the long-term rate you would pay if you sell it after a year.

How do I stop nuisance sales calls? ›

Register with the Telephone Preference Service

The best way to reduce nuisance calls is to register for free with the Telephone Preference Service (TPS). They'll add you to their list of numbers that don't want to receive sales and marketing calls.

How to get people to stop calling you about selling your house? ›

The National Do Not Call Registry was created to stop sales calls from real companies. It's free to register your home or mobile phone number.

Why do I keep getting messages about selling my house? ›

While some of the texts are scams, others come from investors and wholesalers scouring for real estate deals for off-market houses. They act as an intermediary between buyers and sellers and make a profit by contracting homes below fair market value and then finding someone to buy them at a higher price.

How to block real estate calls? ›

Register With DND (Do Not Disturb)

This can be done by sending an SMS, calling 1909, or using your service provider's website. Moreover, should you prefer to restrict calls exclusively from a particular category such as real estate, health, etc., adhere to the following steps: Compose a new message and input START.

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