Turn crypto consumers into home owners
Seamlessly merging real estate with the fastest growing consumer segment.
There’s a whole new audience ready to buy real estate with crypto!
There’s a whole new audience ready to buy real estate with crypto!
Cryptocurrency and wallet agnostic
Title company gets paid in fiat of choice
No volatility through instant conversion at the best rate available
Next day settlement to the title company’s bank account
Crypto spending report 2023
Whether to buy a home or a cup of coffee, crypto payment processors are surfacing across the globe to meet demand.
Looking into banks’ move to digitalize currency and understanding crypto-consumer requirements and experiences when shopping is essential to understanding crypto payments’ rise to popularity.
How to accept crypto payments with ForumPay
Buyer deposits funds with the title or escrow company using their preferred wallet and crypto.
ForumPay instantly converts the crypto into fiat at the best execution rate available the moment the payment takes place.
ForumPay settles payments to the title or escrow company on the next business day who then close the real estate transaction in the usual way.
Reasons to accept cryptocurrency
$22M
HNW
2021
over 1 in 10 first-time homebuyers purchased real estate with crypto in 2021
condo was bought with crypto in 2021
access high net worth individuals around the world
marks cryptocurrency as the fastest-growing consumer segment
4 Reasons to Accept Crypto
over 1 in 10 first-time homebuyers purchased real estate with crypto in 2021
$22M
condo was bought with crypto in 2021
HNW
access high net worth individuals around the world
2021
marks cryptocurrency as the fastest-growing consumer segment
Security & compliance above everything else
Security & compliance above everything else
Every transaction that we process is run through Chainalysis KYT which detects many patterns of risky activity, from darknet markets and scams to sanctioned addresses and anomalous transactions.
All of our transactions are loaded into Jumio’s monitoring system where an extensive ruleset is utilized to identify any patterns of money laundering or suspicious financial activity.
Our due diligence and KYC is all managed and validated through Sum and Substance to ensure authenticity, accuracy and legitimacy.
Frequently asked questions
Aside from crypto being an additional source to fund real estate purchases, it is in the seller or agency’s favor to process crypto transactions. Funds are automatically and instantly accumulated, converted and settled in the bank account of the seller or agency at the best available rate without middlemen.
Convenience: it is much easier. The alternative would be sending crypto to an exchange, selling it, and moving the funds into a bank account as a taxable event to only then start the buying process.
Universality: traditional currencies and banking can sometimes stand in the way of buying a property. Crypto eliminates third-party complications by being universal and available at the touch of a button anywhere in the world.
Simplicity: digital wallets and account addresses ensure safe transactions with public keys and private keys. Private keys can be used to sign and verify transactions on the blockchain. Due to this, transactions only involve the buyer and the seller or agency.
Read more here.
