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April 7, 2020 6:24 am

The crypto payment company Utrust has acquired its first customer from the Middle East. It is the renowned real estate company Arms &McGregor, where buyers can now also pay with Dash, Bitcoin & Co.:

The real estate industry is worth a whopping $712 Trillion worldwide. If that wasn’t reason enough for Utrust to want to explore that vertical, 75% of it is estimated to be relative to residential properties. These are two numbers that help justify why we were so demanding of our next merchant. We wanted someone dynamic, with a great track record, that would bring this gargantuan market into our ecosystem with criteria and care.

Arms &McGregor are leaders

Arms &McGregor are based in Dubai, where the luxury real estate market is massively valuable. Between November 2018 and November 2019, 44,500 real estate transactions were completed. November 2019 alone saw deals worth AED9.27bn ($2.5bn) registered, making it the best month of a year that had already registered AED76.6bn ($20.9bn) in transactions. And Arms &McGregor, who have over 10 years of sustained success in this market, is at the forefront of this, with a personalized service that puts the clients’ needs first in property sales, new development marketing, leasing, and property management services.

In the words of Makram Hani, CEO of Arms &McGregor:

“A collaboration between Utrust & Arms & McGregor International Realty will open a whole world of real estate to cryptocurrency holders. We plan to get every developer, seller and fellow real estate agent selling properties to cryptocurrency holders worldwide. We are in advanced stages of communication with developers and multi-unit owners to get them to join our system and benefit from our collaboration with Utrust. We will allow sellers access to the liquidity offered in the crypto market without them needing to deal with any of the risks of volatility or challenges of not being familiar with cryptocurrencies, seeing as sellers can receive their funds instantly in a fiat currency of their choice.”

Now, whether you want to buy or sell a property using crypto, they will be providing that service…………

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Original link: https://medium.com/utrust/on-the-high-rise-welcome-arms-mcgregor-76460fbeb6b8


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tungfa

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tungfa is responsible for social media communications, and posts both original stories and links to news coverage of Dash from around the web.