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What are FREMs? – How Fractional Real Estate Management is Revolutionizing Real Estate
In the world of real estate, the concept of fractional ownership has gained significant attention and popularity. It opens up new opportunities for millions of individuals to participate in real estate investments, even with limited financial resources. In this blog post, we’ll answer the question “what are FREMs” (Fractions of Real Estate Management) and explore how it’s revolutionizing the real estate industry. We’ll also delve into the advantages FREMs offer on a global scale, enabling people to profit with purpose while simplifying the process of real estate investment.
What are FREMs?
FREM, short for Fractions of Real Estate Management, is a groundbreaking approach that allows individuals to enter the world of real estate with minimal investment. Unlike traditional real estate transactions that often require substantial capital, FREMs enable anyone to get started for as little as $100. The underlying philosophy behind FREMs is to provide equal opportunities for people worldwide to engage in real estate investments and build their portfolios.
Challenges in Traditional Real Estate
Before we delve into the advantages of FREMs, it’s crucial to understand the limitations of traditional real estate practices. Many companies have adopted security tokens, restricting their operations to specific regions, typically within national boundaries. Moreover, these platforms often require investors to meet specific accreditation criteria, such as high income or net worth thresholds. Unfortunately, this approach excludes a vast majority of individuals who do not meet these requirements.
The Origin of Ekta Real Estate
Recognizing the need for an inclusive and accessible real estate investment platform, the team behind Ekta Real Estate embarked on a mission to democratize the industry. Driven by the company’s “profit with purpose” ethos, they aimed to help people worldwide profit from real estate investments while fostering a sense of purpose. Ekta Real Estate sought to simplify the process, minimize barriers to entry, and ensure the safety of investors’ funds.
How FREMs Works
FREMs serve as the cornerstone of Ekta Real Estate’s platform, allowing individuals to enter the real estate market with as little as $100. Unlike traditional securities, FREMs represent a business model where investors actively contribute to the success of the property through their involvement in property management. By purchasing fractions of property management, investors gain voting rights in a dedicated group that oversees the property’s performance and services.
Benefits of FREMs
The advantages of FREMs are multifaceted. Firstly, it allows anyone to participate in the real estate market, irrespective of their financial situation, thereby promoting financial inclusivity on a global scale. Additionally, FREMs simplify the investment process by focusing on the service aspect rather than traditional securities, making it more accessible to a broader range of investors.
Moreover, FREMs provide a safe space for both developers and buyers. Developers benefit from a wider pool of potential investors, facilitating faster property sales with reduced fees. Buyers, on the other hand, gain access to a secure investment option backed by the stability and value that real estate offers.
Ekta Real Estate’s vision extends beyond FREMs and aims to make significant contributions to the real estate industry as a whole. By continually innovating and leveraging technology, the company aspires to further simplify transactions, reduce barriers, and help more people enter the market. Its ultimate goal is to facilitate property sales with minimal fees while empowering millions of individuals to kickstart their real estate journeys.
FREMs have emerged as a game-changer in the real estate landscape, opening up possibilities for countless individuals worldwide. Ekta Real Estate’s innovative approach to fractional ownership enables people to profit with purpose and actively contribute to the success of their investments. By democratizing real estate investments, simplifying processes, and ensuring safety, FREMs pave the way for a more inclusive and accessible future in the realm of real estate.