REALM Verified Transactions
Real estate transactions are complex. They involve multiple professionals throughout the life-cycle, sensitive documentation from various parties, regulatory oversight, and risk to fraud through documentation manipulation.
The REALM Verified Transactions is a block-chain-enabled platform that is designed to bring structure, security, and transparency to that process. It can be accessed directly from any Canadian real estate board MLS® systems and is available to all parties involved in a singular collaborative environment.
REALM Verified Transactions
Real estate transactions are complex. They involve multiple professionals throughout the life-cycle, sensitive documentation from various parties, regulatory oversight, and risk to fraud through documentation manipulation.
The REALM Verified Transactions is a block-chain-enabled platform that is designed to bring structure, security, and transparency to that process. It can be accessed directly from any Canadian real estate board MLS® systems and is available to all parties involved in a singular collaborative environment.
REALM Verified Transactions is a secure post transaction management platform that integrates with any MLS® system. It serves as a centralized, transparent and blockchain enabled environment for all verified participants in a real estate transaction. Once a property is sold, the transaction can move into a structured, blockchain-backed environment where documentation, communication, and participant authentication are managed in one place. REALM Verified Transactions is a controlled, auditable, and tamper-resistant framework that can help reduce fraud, increase transparency and create a single source of truth.
REALM Verified Transactions is a secure post transaction management platform that integrates with any MLS® system like REALM and REALMiQ. It serves as a centralized, transparent and blockchain enabled environment for all participants in a real estate transaction. Once a property is sold, the transaction can move into a structured, blockchain-backed environment where documentation, communication, and participant authentication are managed in one place. REALM Verified Transactions is a controlled, auditable, and tamper-resistant framework that can help reduce fraud, increase transparency and create a single source of truth.
The Problem We’re Solving
Critical real estate transaction documents live in various channels owned by various professionals, creating silos and a lack of transparency. This current fragmented system can create version control issues, limited auditability,and increased risk.
The Problem We’re Solving
Critical real estate transaction documents live in various channels owned by various professionals, creating silos and a lack of transparency. This current fragmented system can create version control issues, limited auditability,and increased risk.
All participants complete identity verification (eIDV integration)
Documents are securely uploaded and shared
Access and documents are permission-based
Every action is time-stamped
An immutable closing report is generated upon completion
REALM Verified Transactions helps solve this for participating Canadian real estate boards as it alleviates mounting pressure to support compliance and maintains data integrity in a single solution that simplifies data record retention that goes beyond the regularity requirements. Here are a few benefits to adopting REALM Verified Transactions:
All participants complete identity verification (eIDV integration)
Documents are securely uploaded and shared
Access and documents are permission-based
Every action is time-stamped
An immutable closing report is generated upon completion
REALM Verified Transactions helps solve this for participating Canadian real estate boards as it alleviates mounting pressure to support compliance and maintains data integrity in a single solution that simplifies data record retention that goes beyond the regularity requirements. Here are a few benefits to adopting REALM Verified Transactions:
When a deal room is closed, the system produces a comprehensive, blockchain-enabled closing report containing:
- All documents
- Changes and modifications
- Timestamps
- Participant validation
- Transaction history
This creates a permanent and auditable record that is securely stored and accessible to authorized parties.
Electronic Identity Verification (eIDV)
Electronic Identity Verification (eIDV) is built directly into REALM Verified Transactions to ensure that all participants in a deal are verified before accessing sensitive information. Rather than relying on basic ID checks, eIDV uses a multi-step verification process to confirm the individual behind the information, helping reduce the risk of fraud and unauthorized access. This integrated approach supports compliance requirements while creating a more trusted environment for collaboration. For real estate boards, agents, and clients, it adds confidence that every participant in the transaction has been properly authenticated.
Beyond basic ID checks
Multi-Factor Verification
Confirms the real person
Electronic Identity Verification (eIDV)
Electronic Identity Verification (eIDV) is built directly into REALM Verified Transactions to ensure that all participants in a deal are verified before accessing sensitive information. Rather than relying on basic ID checks, eIDV uses a multi-step verification process to confirm the individual behind the information, helping reduce the risk of fraud and unauthorized access. This integrated approach supports compliance requirements while creating a more trusted environment for collaboration. For real estate boards, agents, and clients, it adds confidence that every participant in the transaction has been properly authenticated.
Beyond basic ID checks
Multi-Factor Verification
Confirms the real person
Why This Matters to Canadian Real Estate Boards
REALM Verified Transactions provides the Canadian real estate industry with the infrastructure that supports data governance objectives, a modern interface to all parties participating in any transaction, while elevating the value that real estate boards provide to its members.
Efficiency and
Time Savings
With blockchain technology, documents and records are securely stored and easily accessible, reducing the need for multiple back-and-forth communications reducing administrative time that could be used in other more impactful activities.
Enhanced Security
and Trust
Real estate transactions involve sensitive information, and blockchain technology ensures this data is protected. Once recorded, the information cannot be altered, providing a secure and tamper-proof ledger of the transaction. This level of security builds trust with your members, their clients and all transaction participants, knowing their information is safe and the process is transparent.
Increased
Transparency
Every action taken on the platform is recorded on the blockchain, creating a transparent and auditable trail of the transaction’s history. This transparency leads to smoother transactions, fewer misunderstandings, and a higher level of service for your clients.
A Single Source
of Truth
All relevant information is stored in one place, accessible to authorized stakeholders, which reduces the risk of errors and discrepancies, as everyone works from a single, up-to-date repository. It simplifies coordination between parties and ensures that nothing is overlooked.
Streamlined
Communication
The platform enables real-time notifications between agents, clients, lenders, and other stakeholders. Automated notifications keep everyone informed and helps track what needs to be done at each step of the transaction.
Authenticated
Participants
All deal participants will be required to prove their identity through a built-in eIDV platform integration as a mandatory step.
Get Started Today
If you are a staff member or sit on a real estate board’s MLS® committee, book a personalized demo to explore the full capabilities and implementation options.
If you are a licensed real estate agent with a participating real estate board, you can use the desktop version or download the REALM Verified Transactions app.
Get Started Today
If you are a staff member or sit on a real estate board’s MLS® committee, book a personalized demo to explore the full capabilities and implementation options.
If you are a licensed real estate agent with a participating real estate board, you can use the desktop version or download the REALM Verified Transactions app.
