What is Lofty?

Lofty provides a platform for sellers to list their properties for sale, with approval or denial based on criteria like occupancy status, condition, location, and rental history. Once a property receives approval, a new LLC is established to manage the sale. The tokens associated with the LLC are then transformed into individual tokens valued at $50 each on the Algorand Blockchain. A certified property inspector will evaluate the property and compile a detailed report. Should any repairs be necessary, the seller has the option to complete them before closing or to provide a credit to the LLC. The property is then listed on the Lofty marketplace for potential buyers. Once the property is fully funded, the LLC will proceed to finalize the transaction with the Title Company, leading to the transfer of the deed to the newly formed LLC, ensuring a smooth transition of ownership. This streamlined process facilitates investment opportunities for buyers while providing sellers with an efficient avenue to market their properties.

Integrations

No integrations listed.

Screenshots and Video

Lofty Screenshot 1

Company Facts

Company Name:
Lofty AI
Company Location:
United States
Company Website:
www.lofty.ai/
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Product Details

Deployment
SaaS
Training Options
Documentation Hub
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Lofty Categories and Features

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