Real Estate Tokenization Calculator2022-11-13T17:13:04+05:30

Real Estate Tokenization Cost Calculator

Estimate how much it will cost to build a Real Estate Tokenization app based on your custom requirements in a few clicks. Select the options below which best describe your project to get the cost.

Select the platform for your real estate
tokenization project

Which Properties are you looking to list?

How will property owners participate in decision
making of the owned property?

What type of real estate token you would
like to launch

Select Blockchain Network
Support You Want

Select Your Preferred Wallet
for Integration

Additional features

Select Third Party Integration as
Per Your Need

Select Preferred Payment
Gateway Integration

Total Cost to Build Your NFT Marketplace

Please note, all cost estimates are intended to be indicative of development costs and timescales only and are exclusive of all hosting costs, paid services or purchased assets of any kind. All prices are in USD and inclusive of sales tax.

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Save your estimate and get a permalink so you can share with your team

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How Does the Cost
Calculator Work?

If you are planning to tokenize your real estate, appropriate planning and an organized budget happen to be immensely important to emerge successful. To reach the designated goals as planned, it is ideal to have a detailed idea about the cost of tokenizing the real beforehand. Merely a rough estimate does not work well in this regard. However, SoluLab's top-notch real estate tokenization cost calculator is there for your rescue.

Our real estate tokenization cost calculator happens to be a perfect tool for providing the most accurate as well as reliable cost estimate to enable you to proceed with your further plans smoothly. The calculator helps you get a clear estimate regarding the cost of tokenizing real estate within a few moments. All you need to do is to fill up the relevant fields based on your exact needs and requirements. The rest will be taken care of by the calculator and will give you a highly accurate cost estimate to tokenize the real estate you are looking forward to.

Cost Calculator Breakdown

The major cost of real estate tokenization depends on the following factors.

Number of Features Included

One of the most important cost-deciding factors for real estate tokenization is the total number of features required to be included. More is the number of features; more is the complexity of the overall process of tokenization, and the higher the price goes.

Tech Stack

The Tech stack used for real estate tokenization is a factor on which the cost depends. The general tech stack used in this regard is listed below.

Developers’ Cost

Another important factor that contributes to the cost of real estate tokenization is the number of third-party API integrations required. More is the number of third-party API integrations in real estate tokenization; the higher becomes the overall cost of building.

Third-Party API Integration

Another important factor that contributes to the cost of building an NFT marketplace is the number of third-party API integrations required. More is the number of third-party API integrations in the NFT marketplace; the higher becomes the overall cost of building.

How to Use the Cost Calculator?

Using the cost calculator for real estate tokenization is quite easy, and not much effort is required. All that the users need to do is fill in relevant fields with appropriate information based on their requirements, and the calculator will provide the estimated cost of development within a few moments. The calculator comes with an extremely simple user interface, thereby enabling users to conveniently make the best use of the real estate tokenization cost calculator.

Here are the steps to follow.

How to Proceed with Real
Estate Tokenization?

Define the Category

Start with properly defining the category of the real estate to be tokenized, which happens to be the key to success. Moreover, awareness of the present real estate market is essential. After proper categorization of the real estate to be tokenized, it becomes convenient to proceed to the next steps without any hassle.

Choice of Role

The next step involves the proper choice of role in real estate tokenization, which is usually of three types.

Investors or Buyers – Searching for real estate and willing to invest in them or buy them.
Sellers – They are the real estate owners who wish to sell their properties which actually get tokenized
Administrators – They are the admin of the real estate tokenization process and are responsible for managing as well as running the process. The admins facilitate smooth transactions between the investors or buyers and sellers along with taking care of ownership transfer of tokens.

Documentation of the Project

The next step involves the creation of detailed documentation for the entire project, which happens to be extremely important. Moreover, proper documentation helps save money in real estate tokenization. Documentation is followed by prototyping, development, testing & execution, and ultimately deployment

Hire Development Team

Finally, to give life to your project, you need to get in touch with a professional development team. The hired development team will successfully execute all plans facilitating real estate tokenization at its best. You can either hire the development team on a fixed price or on an hourly billing basis.

How to Reduce the Cost of Real
Estate Tokenization?

Getting an accurate estimation ensures proper budget management, which happens to be quite crucial. SoluLab’s real estate tokenization cost calculator provides you with a highly accurate estimate to tokenize real estate. Here are a few important tips to cut down the cost of real estate tokenization.

FAQ’s

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