For the first time in history, you can now sell real estate instantly, without the need to find a counter-party.
How to Sell Property Tokens Instantly
Select on a property on the marketplace and click on the “Sell” button.
By default, the order type is now “Market”.
Select the amount of tokens you’d like to sell by either choosing one of the "token quantity" options at the top, or by clicking "Custom" to enter your desired token amount.
Click "Preview order" to see the fees associated with your transaction, and the total amount of funds you will receive from selling your real estate.
Then, click "Submit order". You will see a pop up screen once your order has gone through successfully.
You will receive USDC stablecoin directly to your default wallet linked to your Lofty account in the "Wallets" section. You can withdraw these funds as USD to your bank account by clicking the "Withdraw" button in your Lofty dashboard.
Congrats! You’ve just sold ownership in your house instantly to an algorithm, without needing someone else to agree to your price and act as the counter-party in the transaction like with “limit” orders, traditionally.