REDAO's Feature

Real Estate Buyout

As a partial owner of the real estate, REDAO asset token owner can initiate a buyout deal to acquire the remaining property tokens if he/she wishes to fully own the real estate. A buyout deal is deemed successful if more than 90% of the property token holders agree with the deal. Once the transaction is completed, the buyer can proceed with the privatization of the underlying real estate.

Rent-to-own

Young working adults are far more likely to rent than are other age groups. This isn’t a matter of choice, but an issue of affordability. Many young adults who work in cities cannot afford to buy a residential property, primarily due to expensive down payment. REDAO’s rent-to-own feature allows young working adults to buy a listed real estate through monthly payments. Certain percentages of the payment are paid as rental while the balances are used to purchase property tokens. The proportion of latter goes up as the buyer’s stake in the property increases.

Capital Access

In contrast to young adults who are still building their wealth through stable employment cash flow, many retirees may own an own-stay property but are tight on cash. Currently, house owners have only two options to unlock the underlying value of their property: sell the property or take a second / reverse mortgage. Most retirees are reluctant to leave the house they have been living for decades. Many are also afraid of the obligation associated with refinancing. REDAO enables retirees to finance their retirement life by offering an option for house owners to partially sell off their properties. This allows elderlies to continue living in their houses while avoiding mortgage and interest payment.

Peer-to-peer lending

REDAO investors can collateralize their property tokens to borrow money on REDAO P2P lending platform. Loans are secured by over-collateralized property tokens, which is much safer and less volatile than the usual cryptocurrencies collateral.