Real Estate Insights Volume 02 | Summer 2018 | Page 14

14 BPM Real Estate Insights CRE Tech Corner By Mark Leverette At BPM, we continually take note and are amazed at how real estate technology is evolving. In this corner, we will highlight the developments we find of interest. Propy—propy.com This is an application that will allow you to buy a multi-unit building with the slide of your thumb on your Smart Phone. Yes, we were impressed (and cautiously optimistic) too. The Propy platform makes property sales for crypto currency possible, unifying and standardizing property listings in global cities. Providing an instant purchase deposit in escrow and manage transaction payment services, Propy is streamlining the purchase process, including an ability to support online title delivery. It is potentially a game-changer in our industry. It’s also a game-changer if you have a digital wallet bursting at the seams with Bitcoins that have appreciated in value in an insane way. Reference in this publication to any specific commercial product, process, or service, or the use of any trade, firm, or corporation name is for general informational purposes only and does not constitute an endorsement, recommendation, or certification of any kind by BPM LLP. Persons using such products assume responsibility for their use. n Mark Leverette is a partner and the real estate industry group co-leader at BPM. Contact Mark at [email protected] or call 415-288-6206.