Commercial Real Estate Smart Contract Template

Commercial Real Estate

The Commercial Real Estate contract is designed to greatly reduce the time to close a transaction fully, with accurate information.

Publisher

Data Gumbo

Current version

1.0

Last Updated

04-25-22

Use Case

Cost

.333% total transactions monthly

Product Description

The Commercial Real Estate contract is designed to greatly reduce the time to close a transaction fully, with accurate information. It allows the sellers of property to "work up" the base information, providing an unbreakable, accurate supply of the documents that substantiate the property's validity. Participants in the workflow can be connected in such a way that their information (documents, reports, surveys, photos, videos) can be submitted and signed off by the requesting parties. Suppliers of information cannot edit or delete documents and parties are notified when progress is made.


Features & Benefits

  • Tracks steps in the lifecycle of selling commercial real estate
  • Integrates with all real estate systems via API 
  • 95% reduction in manual processing time 
  • Easily track progress and automatically emails reports of steps
  • Documents can be manually uploaded if system integration is not available
  • Outputs can be pushed to ERP and other enterprise systems via API
  • Easily audit property documents and history using the Search feature

Resources

Requirements

You must be a GumboNet blockchain user to deploy this smart contract template.

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