Eliminate These Real Estate Commercial Leasing Woes
Commercial real estate leasing is fraught with challenges such as these
Inconsistent Occupancy and foot flow
With the emergence of online shopping, landlords are finding increasingly challenging to attract and incentivise shoppers in store In recent years, retail store owners are also shying away from long-term commercial leases and the presence of empty stores in malls has become commonplace Slow and Cumbersome Processes
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Risky and Expensive Transactions
The manual tracking and booking of your leases and rentals could make your business vulnerable to fraud. Engaging law firms to draw up contracts, licenses and agreements can be expensive. Plus you need to pay transaction charges to banks, insurance companies, and other intermediaries
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Slow and Cumbersome Processes
Manually generating licences and agreements is painstaking. Using a spreadsheet to track commercial bookings and leases? Beware of human error! Back and forth negotiations between parties take up a lot of time. On top of that, you need to wait for contracts to be delivered to both parties for confirmation and signatures.
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Tedious Due Diligence
Conducting due diligence on potential renters can be tedious. How do you know if the tenant you are transacting with is bona fide? With different versions of contracts floating around, you may lose track of the latest version of your leasing contract. This wastes lots of precious time.
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How Real Estate Doc can help
Unleash the power of proptech with RED - Asia’s first blockchain-based real estate leasing protocol powered by a tokenised system.
Marketplace to drive sales for your business
Using Secure and Immutable Transactions
Manual contract processes may result in multiple copies lying around, making it hard to track. With RED, every aspect of the contract is conducted on the ...
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Get Faster Approvals with Smart Contracts
Cut down on legal fees using RED. You may engage lawyers in the initial process, thereafter, simply enter the system and self-execute the smart contracts with...
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Improve Document Traceability, and Transparency
Built by our team of expert developers, every feature of RED is carefully designed to ensure the transaction records are transparent. Each record ...
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How Real Estate Doc Works
At RED, we do the heavy lifting so that you don’t have to. Built on blockchain technology, RED directly connects property owners, commercial managers, tenants, and vendors in the commercial leasing ecosystem anywhere in the world.
Make that Deal Digitally!
With relevant parties granted permissioned access to the same document, record duplication is eliminated. Time is saved when you no longer need to hunt for physical records. Space and money is also saved on physical document storage, courier services, manpower and more.
With the RED Document Engine, every aspect of your commercial property transaction is done online; including planning and management of your assets. You can check on any available leasing spaces on its leasing schedule mapped out in calendar form, updated in real time. You no longer have to rely on the traditional way of using an excel sheet for recording
Optimize Your Commercial Assets
Keep up to date on your business performance and transaction progress with RED’s dashboard. Our system keeps a record of data like contract values and expected payment schedules in an organised manner on an easy-to-use dashboard.
Make use of RED’s customer analytics to improve your business performance. You can also benchmark your real-time record of transactions and activities against productivity benchmarks.
RED’s system is akin to having a LIVE master calendar that automatically updates all your leases in real time.
Plug and Play into Any System
RED is an API-driven application that offers easy connectivity to communicate with multiple systems - even with clunky backend systems like SAP
Designed with an attractive and intuitive graphical user interface, RED shortens the learning curve for your employees.
Users will also enjoy its ease of pulling and pushing key information from the system.
Simplify Tenant Due Diligence Process
Delight in the ease of searching for tenants with a platform that uses an algorithm to match compatible retail spaces with potential businesses. Drive compatible tenants to the right locations with ease.
With our robust Know Your Customer (KYC) records on the blockchain, you can easily access and assess your tenants’ credentials.
Secure Payments at Lower Fees
Be assured of safe payment procedures that allow for integrated payments with your choice of payment partners. We work with banks to integrate digital currency payments, hence removing the need for vendors or tenants converting unknown cryptocurrencies to fiat.
Avoid the high transaction fees charged by credit cards or other electronic payment gateways.
Integrated Payments
Gaurang is the Co-Founder and CEO of Indorse, a decentralised skills validation platform. He has been involved in the blockchain field for the past 2.5 years and is regarded as one of the thought leaders in the blockchain space in South East Asia. Coined the “disrupter of Linkedin”, he and his team successfully raised over USD 9M in their ICO in 2017.
Gaurang Torvekar
CEO and Co-Founder of Indorse
Andras is an entrepreneur, IT professional and investor with 15 years of experience. He built the technology behind viki.com, and founded Tembusu Systems, an infrastructure that allows verified individuals transfer and manage assets instantly and securely. He has been involved in blockchain development since 2013.
Andras Kristof- Akomba Labs
Blockchain Advisor