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Real Estate Brokerage Accepts Bitcoins

January 2nd, 2014 · No Comments · Real Estate and Technology, Real Estate News, The Real Estate Scene

Bitcoin image via Shutterstock.
The Bond real estate brokerage in NYC now accepts Bitcoins.“The Bitcoin is a convenient and inexpensive way for our customers to transfer money, so we see it as a win-win situation which will impact the real estate industry,” said Noah Freedman, co-founder of Bond New York.

In what may be a first for a traditional real estate firm, Manhattan-basedbrokerage Bond New York has announced it will now accept Bitcoin as payment for real estate transactions.

The brokerage said in a statement that it believes it’s the first brokerage to accept Bitcoin, and named a number of benefits for making the move. Echoing other Bitcoin adopters, the brokerage cited reduced or nonexistent processing fees as one draw of the currency. Bond New York said the currency also offered security undergirded by “military-grade cryptography,” “identify protection” and “fast international payments,” plus it “works anywhere, anytime.” 

Bitcoin Definition Wikipedia

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