![](https://www.housingwire.com/wp-content/uploads/2020/02/Consortia.jpg?w=1024)
Consortia tracks referrals between agents, tradespersons and institutions, domestically and internationally. Consortia makes every referral a smart contract. Whereas referrals used to be done on a wink and a handshake, Consortia now tracks every referral from start to close. First, it creates an agent’s referral as a smart contract. All parties agree to terms and Consortia tracks it using automated reminders and scrubs multiple data sources to ensure the referral is paid.
- Real estate referrals represent $10 billion in residential real estate sales
- Referral map powered by relationship trackers
- Consortia tracks all referrals on private blockchain