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Blockchain Property Platform Set To Disrupt Global Property Industry

When selling a property in many countries such as Australia and the UK, the usual process is to go through estate agents who list your property on popular portals such as RightMove and Zoopla. Most of the time, estate agents don’t handle the process of selling your property very well, with many property sellers having to arrange their own viewings and having to constantly chase up their agents. Ever wondered why you can’t list your property on RightMove yourself and cut out the estate agent high commissions and upfront fees? Well the simple answer is that the property portal was

When selling a property in many countries such as Australia and the UK, the usual process is to go through estate agents who list your property on popular portals such as RightMove and Zoopla. Most of the time, estate agents don’t handle the process of selling your property very well, with many property sellers having to arrange their own viewings and having to constantly chase up their agents.

Ever wondered why you can’t list your property on RightMove yourself and cut out the estate agent high commissions and upfront fees? Well the simple answer is that the property portal was founded by estate agents for estate agents (1). So the basic fact is if you want to reach a mass audience to sell your property in a safe and secure way, you have to use an estate agent.

Founder Anthony Pentland and co-founder Petros Georgiou have created a new property platform by the name of Agent Not Needed with a whole new concept in mind that has the estate agents worried. Their property platform is built for individuals, not agents, and provides the tools and marketplace to buy, sell and rent property directly online without the need for an agent. The Agent Not Needed property platform allows individuals to communicate, book viewings and make offers directly online speeding up the process and cutting the fees usually paid to estate agents.

Agent Not Needed launched their main token sale on 1st March 2018 selling their cryptocurrency utility token called ANN, which are selling at £0.025 each. The token sale is for the UK based company to raise the funds to develop the full blockchain version of their property platform and revolutionise the property industry globally. ANN tokens can be used to pay the listing fees (only when a property successfully sales), purchase additional features, advertise a business or sell to other users on the platform.

The project’s Telegram group was the fastest growing Telegram group in 2018 gaining over 10,000 members in less than 24 hours. The group currently has over 17,000 members and the Agent Not Needed private pre-sale sold out before their main token sale launched.

The UK government have already announced their plans to move land registry to blockchain under the project name ‘Digital Street’ by 2022 (2) and once completed, Agent Not Needed will be in a position to be the first property platform to implement the new system in the UK.

The UK land registry is not the only land registry in the world to be moving to blockchain, as it is currently being tested in Sweden, Ukraine, Dubai and has already been implemented in The Republic of Georgia.

For more information regarding Agent Not Needed and the ANN Token sale, visit their token sale website at https://tokensale.agentnotneeded.com their Telegram group https://t.me/agentnotneededofficial and their Property Platform www.agentnotneeded.com

Sources

  1. RightMove. 2018. Our History. [ONLINE] Available at: http://plc.rightmove.co.uk/about-us/our-history.aspx. [Accessed 21 February 2018].
  2. HM Land Registry. 2018. HM Land Registry Business Strategy 2017 to 2022. [ONLINE] Available at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/662811/HM_Land_Registry_Business_strategy_2017_to_2022.pdf [Accessed 21 February 2018].

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.