New Way To Do Real Estate

Tsaishen Crypto
5 min readJul 25, 2021

Not that long ago, I woke up with a crazy idea to improve how real estate transactions are being done, should you choose not to use a real estate agent… the dreaded and exciting FSBO (for sale by owner).

Way back when, the options were limited, thank you Craig’s List, Zillow, and eBay for making it happen.

eBay wasn’t free and many tire kickers around, ended up costing me a pretty penny every time the auction would end “sold” but buyer is nowhere to be found. That was frustrating.

Craig’s List and Zillow resulted in many more calls and emails that lead nowhere and when you finally found a buyer, sometimes you’d lose them due to lack of escrow services.

You see some of the property prices were well below the threshold of any Escrow service that deal with real estate, and those that did not mind the affordable price didn’t want anything to do with real estate.

Ugh… back at it again.

Why, oh why?!?!?!

Persistence eventually paid off and I was stuck with the tools we had to make it all work.

Then, on a glorious morning (some call it middle of the night), I rose from the bed with new energy and invigorating thought:

Why not make it better?! If it doesn’t exist, I can build it! I can put my idea in code and build it for myself and everyone else.

There was only one tiny problem… I did not know how to code.

Then, as if guided by the higher power, I stumbled into a coding academy and found myself enrolled in a bootcamp. The Fizz-Buzz challenge drove me nuts and I had no clue what the whole “console” was about. The mentor I had pushed me beyond my limits (or so I thought) and frankly I hated the guy for the first few weeks!

But, being an investor I believe you stick with things and see them through the end, especially when I paid for them. Additionally, my desire to improve my real estate investing and transaction experience was still very much alive and it kept me going. I was determined to stick with this till the end, no matter how long it took or how many times I had to frustratedly walk away from the computer (in the fear that I might throw it out the very conveniently located window).

Eventually, things started to make sense and I started to grasp the concepts and utilize them to make things do what I wanted. And that was pretty amazing.

Just imagine, how often in life do you have an opportunity to think of something and in a few moments, in this case, a few lines of code, make it a reality?! The ability of immediate gratification that you’ve made something happen was insatiable.

I quickly came to enjoy writing code and absolutely adore and respect my mentor. I appreciated all the push he gave me early on and demand to do better every time (even when I didn’t like it).

You see, it was his job to see in me what I couldn’t at the time, and to push me to not settle for just okay, but to make it even better, to go one step further than what the homework task said to do. I accepted the challenge and kept pressing on.

Not me, but it very well could be

After a few assigned projects it was time to create your own. While others were looking for ideas, I was ready to jump into my dream and start making it a reality.

That dream (and now reality) came to be Tsaishen Crypto House, a first blockchain based peer to peer global real estate marketplace allowing any owner to tokenize their property and benefit from blockchain and crypto technology.

So today, after months of countless hours of development, coding, research, testing, frustration when I can’t find a bug and thunderous YES’s when I finally solve it, I am proud to present TCH (as I like to endearingly call it now).

What is Tsaishen Crypto House?

The front page (in case you’re curious)

I’ve already explained that it’s a peer to peer real estate marketplace that utilizes blockchain and allows for fast, easy, secured, immutable, and affordable way to do real estate transactions.

But aren’t there other blockchain based real estate projects?

Yes there are. Some will be listed, but when you do a research it was basically a token so that founders can get money and now it’s crickets, no project. Others claim to be blockchain based, but under the hood they are not. And then finally there is a third kind, the ones that have actual products and services and are blockchain based, but they all cater to businesses and none of them (that I can find) allow you to tokenize your own property so that you can get a full participation of what blockchain and crypto can offer.

Can anyone tokenize their real estate?

Yes, now anyone can (you do have to own it though)! Tsaishen Crypto House is the only project that allows anyone to tokenize their property, then list it on our marketplace and allow for anyone around the world to purchase it. It is the only project that has a built-in escrow service and it is the only project that decided to not price gauge people even though there is zero competition (for this specific niche).

What else does it have?

Unlike my old experiences with above mentioned companies, the site will allow buyer and seller to message each other (and attach documents) on the platform itself. The seller has an option to enable promotion so that others who might not have a property to sell, but have a large networks of people, can help promote the property. The seller benefits because of network effects and more people hearing about the property for sale and the promoter benefits for making a fee when the property sells through their network.

In legacy terms, we call this “wholesaling” with the exception that you don’t have to go under contract to make money.

Conclusion

For now, tokenizing, buying, selling and wholesaling are the only things you can do (aside from messaging, document exchange, escrow, and guided prompts as to what to do next). In the future, the plan is to allow for the tokenized properties to fractionalize their ownership, create auctions, and really scale up the entire real estate industry and bring it to the 21st century.

So, how can you be part of the future of real estate?

  1. Tokenize your property (once more features and greater network is achieved price will go up)
  2. Register to become TCH referrer. Get your code and share it with everyone. As people sign up the get discounts and you get points.
  3. Subscribe here, visit the site, join our socials (they are on the site) and become a full fledged member of the community (feedbacks and all)

Jeez, almost forgot… use v4y11t when you sign up (put it in the referral code box) so that you can get 75% off on your upload.

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Tsaishen Crypto

What happens when you connect real estate with blockchain and leverage technology? You get a smarter investor and a crypto house you can live in, rent, buy…