Agent Mile Re-Directs Real Estate Trading to Blockchain Platforms

The commercial real estate (CRE) industry is valued at jaw-dropping 3385 trillion USD, yet its system is almost half a century years old. It is antiquated and less secure, just as it is burdensome and less engaging. Thankfully, developers such as Agent Mile brave the tides and come up with industry-changing solutions.

Agent Mile is the first blockchain-based CRE platform to be developed by the makers of Agent Grow and Agent Drive, two highly successful CRE technologies with presence in over 20 countries and a 1000-plus client base. Already, these two precursors of Agent Mile have earned prestigious awards, including the Financial Online’s Great User Experience Award and the Rising Star Award in the year 2017. Suffice it to say, these astounding feats have set the momentum for the real estate group’s continuous improvements until the height of blockchain technology paved the way for their conceptualization of Agent Mile. It is expected that the birth of Agent Mile will mark the next wave of generation for CRE platforms. It will, without a doubt, redirect the CRE trading to blockchain networks, thus revolutionizing the existing industry.

Industry Problems and Agent Mile Solutions
Generally speaking, new technologies are developed to resolve the existing problems of the present system. The same is true for Agent Mile. Particularly, Agent Mile arises to answer the efficiency and transparency problems in the present-day CRE system.

Efficiency problems refer to a host of constraints that hinder a quick and accurate transaction. In the existing system, closing a rental or sale normally involves endless paperwork and several middle men (e.g., agents, insurance companies, banks, property assessors, etc.). This only prolongs the turnaround time and increases the risk of committing errors. In the realm of commercial properties, time is of the essence and a mistake may cost millions. With Agent Mile, smart contracts and artificial intelligence (AI) allow automation of multiple processes. Particularly, it has the capability to handle multiple listing service (MLS) that allows users to navigate through the several properties posted by owners in a manner that is easy, fast, and transparent. manner that is easy, fast, and transparent.

Good organization does matter when browsing through different commercial properties, and it is a great advantage that Agent Mile values systematic browsing and even utilizes AI for decision making. Several factors, such as value, location, and facilities, are now being automatically considered and presented to platform users as references to property decisions. Since AI is done by computers and programmed accordingly, it is less prone to human errors and biases. Brokers sometimes feel emotionally attached to properties that they unconsciously push a specific rental space in North Avenue over the other equally promising commercial spaces within the same area.

Viewing properties has never been fun and engaging as with Agent Mile, which makes use of audio and video walkthroughs instead of the traditional static images. Now, buyers and even brokers may not need to physically visit the property during the initial screening because of the realistic virtual presentations. Although this is not to say that ocular visits are not important. This only means that the CRE potential buyers now has the option to see properties as they are in the physical world, regardless of their time zone and geographical location.

Agent Mile also acknowledges the importance of documentations, especially that the stakes are high with CRE. As such, it has the capability to keep historical records of properties that can easily be retrieved. Potential buyers can conveniently the view critical information and thus avoid fraud.

Fraud is as widespread as viruses, more so in the advent of digital age. The CRE is not an exemption to fraudulent activities like information hacking and funds redirection tactics. For this reason, Agent Mile turns to blockchain technology to safeguard the interests of all stakeholders, i.e., the clients, brokers, and property owners.

Blockchain technology addresses the transparency and security problems of the CRE industry. With Agent Mile, there will be no fine prints, no hidden charges, or bloated property information. Because the encrypted data is distributed across different nodes or ledgers, there is less to zero room for alterations. This benefits the clients to a great extent. And the more secure the transactions are, the more prospects would be enticed to participate into online CRE activities.

Token Sale
Agent Mile is the first of its kind. It pioneers the marrying of the blockchain technology with the increasing popular artificial intelligence in the realm of CRE. To give greater rewards to platform users, it creates its own cryptocurrency, ESTATE.

In order to avail of the services and products of Agent Mile, tokens are required. These include charges when listing a property, advertising, renting or buying a property, or using AI for analysis and reports. In the same manner, the platform uses ESTATE tokens to grant rewards to the token holders/users.

If interested to rent or buy commercial properties and you see yourself using Agent Mile, you will be better off participating in the sale this early. Here are the details you need to know:

Ticker: ESTATE
Price: 1 ESTATE = 0.20 USD
Token Sale Amount: 100,000,000 tokens
Hard Cap: 20,000,000 USD

Presale starts on August 1 and ends on August 14, 2018. The ICO starts on August 15 to October 17, 2018.

For more information and details on the project, find them by visiting their official website or reading their whitepaper. Be updated as to the current events happening during the ICO by visiting their social media pages.

Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3824223
Website: https://www.agentmile.com/
Whitepaper: https://www.agentmile.com/AgentMile_White_Paper.pdf
Telegram: https://t.me/agentmile
Facebook: https://www.facebook.com/agentmile
Twitter: https://twitter.com/agentmile
Medium: https://medium.com/agentmile
Author: Instaco
Author Link: https://bitcointalk.org/index.php?action=profile;u=2050406