1.1.
Currently, the average real estate transaction time from start to finish is 90+ days, and comes with unnecessary friction (e.g manual data recording, transferring ownership, excessive number of middle men & cumbersome payment processes).
1.2.
There is limited interoperability between the government sectors responsible for recording real estate transactions: county registrar, tax collection, tax assessment, and construction. Therefore, the data is parsed, and no single source of truth is present.