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Property eggs no longer need to be in one basket

  • June 24 2020
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Property eggs no longer need to be in one basket

By Bricklet
June 24 2020

Promoted by Bricklet

Property ownership. For many it seems like a distant dream. For others, a sophisticated reality. But what happens when the game is changed in an unexpected way?

property eggs no longer need to be in one basket

Property eggs no longer need to be in one basket

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  • June 24 2020
  • Share

Promoted by Bricklet

Property ownership. For many it seems like a distant dream. For others, a sophisticated reality. But what happens when the game is changed in an unexpected way?

property eggs no longer need to be in one basket

Fragmentation is a new model that is growing within the property market. It works like this: instead of buying an entire property, people can buy smaller fragments of the property, or “bricklets”.

Many independent part owners of property have achieved goals that they had not thought were possible.

One of the more exciting aspects of this revolution is the ability for younger Australians to enter the property market. Many millennials and Gen Zers are of the belief that their property dreams are unlikely to come true. That is what the media is telling them, right?

This is NOT true. With independent part ownership, Australians can become a property owner and have their name directly on title, alongside the other part owners, at a much smaller price point than a full property.

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Yet, these property rookies are not the only ones. Older and more experienced investors are given the freedom to diversify their portfolios. Instead of investing their money into one property, they can now buy the bricklets of any property on the platform.

While the combination of bricklets may be the equivalent of a whole property, the part owners will benefit from the diversification of several properties and projects. As Bricklet owner Anthony puts it: “I haven’t put all my eggs in the one basket”.

And it doesn’t have to be with strangers! The idea of purchasing property with a group of friends or family has been around for a long time, but the fragmenting of property simplifies this approach. Rather than being consistently tied to co-owners, bricklets can be easily traded and sold, ensuring independent ownership.

Existing property owners, you have not been left out. The BRICKLET platform is also open to anyone wanting to sell. Whether you want to remain a part owner or not, independent part ownership is available for your property.

Australians are starting to take advantage as property sales shift towards part ownership, with real estate companies like Century 21 and McGrath already selling properties using independent part ownership.

Property eggs no longer need to be in one basket
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