Since 2015, Roofstock has radically simplified and modified the traditionally and time-consuming process of investing in single-family rentals (SFRs). By offering data-driven insights and strategies to modern investors, the brand is revolutionizing the real estate industry one home sale at a time. Its most recent innovation is Roofstock onChain, a web3 offering that makes it possible to complete a home purchase and sale transaction using an NFT. This process significantly reduces the time and cost associated with a traditional closing process.
Roofstock onChain facilitates an immediate sale and settlement of homes listed on its NFT marketplace. Each home is titled in a limited liability company whose ownership is associated with an NFT on the Ethereum blockchain. Each home on the platform is transferred using smart contracts on the Ethereum network, and the entire transaction takes place legally, transparently and nearly instantaneously on the blockchain.
Real Estate Sales, Single Family Investment, Property Management, Multifamily / CRE, Real Estate Data and Analytics