Selling your home or property for bitcoin or other cryptocurrency helps you access more possible buyers and creates new market opportunities to sell.

Cryptocurrencies offer native technological advantages over legacy infrastructure for the settlement of funds. Blockchains offer fast and final settlement where proof of funds is verified quickly and easily on a public ledger, with greater transparency and ease. The decentralized nature of these payments methods can also reduce wire fraud and due diligence costs. USD-denominated stablecoins (USDC, USDT, etc) allow sellers to benefit from this technology without exposure to the volatility and risk profile of many crypto assets.

At the end of the day, it broadens your seller options. Early adopters of cryptocurrency are looking to diversify their holdings, and real estate is a prime investment category for this globally.

Yes, you can sell your house, apartment or property for 100% cryptocurrency.  In many cases the buyer will establish the crypto currency they are willing to pay in; however, you can choose to receive this payment in BTC, ETH, or any other cryptocurrency you choose.

Keep in mind that you may have to consider exchange costs during the negotiations if you want to receive a cryptocurrency different than the one your buyer is offering. 

Also, you may have other associated costs which may or may not be paid with cryptocurrency and you or your agent can clarify beforehand, including but not limited to local taxes, your bank or financial costs to free the property of any mortgages or liens, escrow fees or legal fees.

You can sell your property for any currency or combination of stored value assets you choose.

Like other transactions, you and your real estate agent will need to understand the payment method preferred by the buyer and the ways you are willing to receive payment.  If the buyer’s payment is different than the crypto or other currency you are willing to receive, you can program an exchange from crypto to fiat currency for all or part of the payment amount.

A Cryptoprop Certified Agent or experienced real estate agent will be able to help with the necessary  documentation to make sure there are no surprises in the process.   

Yes.  You can secure a buyer who is willing to pay for your property in bitcoin or other cryptocurrency and exchange this payment for dollars or any other fiat currency.  Both sides will need to agree on the timing of conversion which will also determine who bears the cost of exchanging crypto to USD or any other currency.  This should be clear during the negotiation and documented for closing. 

Your experienced crypto real estate agent can help make sure the exchange process is efficient and transparent. 

You or your agent can sign up for a free plan or pay to get featured exposure for your property.  We recommend you work with your local knowledgeable real estate agent or one of the Cryptoprop Real Estate Professionals to not only help promote your property, but also lead the negotiation and closing process.  The experience and foresight of the real estate agent will greatly reduce unnecessary risk and help make the entire process even more efficient.  

Yes. You’re liable for taxes depending on your current country of residence, legal status, and a variety of considerations regarding capital gains.
Title transfer and local taxes are usually paid in local currency directly to the necessary government authority.  Your lawyers, inspectors, real estate agents and other professionals may or may not accept cryptopayment.  Please be sure to check to avoid surprises later one.

Yes.  If you don’t want to keep the payment you receive in crypto, this can easily be exchanged.

A knowledgeable real estate agent will already have an available service or exchange partner depending on the amount, timing and characteristics of your real estate cryptocurrency transaction. A Certified CryptoProp Real Estate Agent will be able to lead the process and guide you or your real estate agent for any necessary exchange options.  

Crypto exchange to fiat currency (USD, CAD, GBP, EUR, CRC, etc…) can usually be completed within minutes or up to 48 hours depending on your needs.  The full amount is then deposited into your traditional account anywhere in the world.

The final purchase price is always determined in fiat (government-backed currency). 

For example, if the purchase price for the property you’re selling is $800,000, then the market value of the cryptocurrency (bitcoin, USDT, USDC, ETH, etc) will equal $800,000 at the time of closing.

The exchange rate is established based on the mutually agreed indicator from a publicly available exchange.  You can reduce market volatility by choosing a stable coin whose value is already tied to USD, Euro, or other fiat currency. 

If the transaction is completed as crypto to crypto, the specific instructions will be written into the purchase agreement or buy-sell contract or escrow agreement stating that the buyer and seller agree to the market fluctuations after the close of escrow and that the buyer is no longer responsible for those fluctuations.