Popular on EntSun
- Jazz Fusion Legend Bob Holz To Release Album With Larry Coryell - 345
- Bald Guy Greetings Launches Bold New Postcard Line Celebrating Over-the Top (and Often Delusional) Confidence - 129
- Tec-Masters to Support In-Space Testing of Honda Regenerative Fuel Cell Technology on the International Space Station - 118
- Retirement Income Specialist Daniel Rondberg Joins Tom Hegna on the Exciting New Season of "Financial Freedom with Tom Hegna" - 111
- The Villages Welcomes NexGen Laser Pain and Rehab Centers—Revolutionizing Pain Management with MLS Laser Technology - 102
- LIB Large-Scale Walk-In Test Chamber Full Process Delivery: MIL-STD-810H Chambers Enable Extreme Environment Testing - 101
- Food Logistics Names Puga Sankara Founder CEO of Smart Gladiator LoadProof as Recipient of 2025 Rock Stars of the Supply Chain Award
- DTFPrinter.com Launches to Revolutionize the Custom Transfer Printing Experience for Crafters and Creators
- Sanger Industrial Development Corporation Launches Workforce Grant to Strengthen Career and Technical Education
- Family Estrangement on the Rise: Therapist Offers Support, Perspective, and Community for Those Affected
Similar on EntSun
- Stout Surpasses 60,000 Acres and 3 Billion Plants Scanned
- New Build-to-Suit VA Medical Office Facility Coming to Highland Heights, KY
- K2 Integrity and Sonata One Partner to Accelerate Capital Raising, Reduce Risk, and Deliver Scalable Advisory Services for Private Fund Managers
- Coming Up on "Financial Freedom with Tom Hegna" Financial Expert Parker Faulkner
- Kemeny, Ramp & Renaud, LLC Welcomes Prominent Trusts and Estates Attorney Gary B. Cornick to Its Firm
- S2C and Andes Technology Announce FPGA-Based Prototyping Partnership to Accelerate Advanced RISC-V SoC Development
- Electives Appoints DraftKings' CPO Linda Aiello to Board Amid Record Quarter
- Blue Ocean Business School's Deputy Dean Delivers Keynote Address at India Blockchain Summit
- AdvisorVault's Consolidated 17a-4 D3P Service® Full Feature Set Available
- Co-Creating the Future of ePaper: ZKONG and E Ink at Touch Taiwan 2025
The NRECC Brings Safety, Efficiency and Same-Day Liquidity to U.S. Real Estate
EntSun News/11051399
Launching in 2025, the NRECC will do for real estate, what the DTCC does for securities.
ORLANDO, Fla. - EntSun -- The National Real Estate Clearing Corporation - NRECC – will serve as the premier real estate infrastructure in the industry, advancing the automation, centralization, efficiency, standardization and simplification of processes critical to the safety and soundness of real estate transactions. Its functions for real estate can be collectively assimilated to those of the DTCC, a transfer agent and a clearing house for securities.
The NRECC will establish a uniform transactional hub for all U.S. real estate; specifically, the residential market, estimated at $49.7 trillion, as well as, the commercial real estate market, estimated at $22.5 trillion.
Similar to the daily functions of the DTCC for securities, the NRECC will make-up and fill-in the time and functional gaps in real estate transactions by providing a streamlined settlement process for purchases, sales, exchanges, liens, pledges, hypothecations and other styled real estate dealings. As a result of this facility, the standard real estate transaction will become a same-day operation, thereby, providing the equivalent liquidity to real estate as enjoyed by securities such as stocks and bonds.
More on EntSun News
For the consumer, along with many other direct and indirect benefits, the NRECC will shave-off billions of dollars in real estate transactional costs resulting in lowered home pricing and greater affordability.
The NRECC was established to modernize real estate transactions, reduce costs and bring cash-liquidity to an asset-class typically associated with numerous expenses, volumes of paperwork, time-consuming processes and a market available to a select few. Its focus is to drive positive change and to leverage its unique market position to further anticipate the real estate market's future needs and respond with solutions that lower costs, improve efficiency and bring stability and certainty to the industry served.
Additionally, the centralized clearing and processing by the NRECC will mitigate fraud, increase transparency, enhance performance and drive efficiency for millions of property owners, agents and brokers, lenders, lien holders, banks, insurance companies, REITS, investors and many others.
More on EntSun News
For more information regarding the NRECC including membership and participation, please contact the NRECC at info@NRECC.net / www.NRECC.net.
The NRECC will establish a uniform transactional hub for all U.S. real estate; specifically, the residential market, estimated at $49.7 trillion, as well as, the commercial real estate market, estimated at $22.5 trillion.
Similar to the daily functions of the DTCC for securities, the NRECC will make-up and fill-in the time and functional gaps in real estate transactions by providing a streamlined settlement process for purchases, sales, exchanges, liens, pledges, hypothecations and other styled real estate dealings. As a result of this facility, the standard real estate transaction will become a same-day operation, thereby, providing the equivalent liquidity to real estate as enjoyed by securities such as stocks and bonds.
More on EntSun News
- Lyricalmar Set To Release Powerful New Ep "MARCHIVES" May 16
- Charleston, SC - ACSEC offers Rain Barrels Through Annual Program
- Greek Government Issues Landmark Ministerial Order Addressing Citizenship of Greek-born adoptees
- Ink Godz Tattoos Redefines Body Art in St. Petersburg & Largo with Premium Custom Ink Experiences
- HEAVY HITTERS Support Two Dog Rescues in Huntington, NY
For the consumer, along with many other direct and indirect benefits, the NRECC will shave-off billions of dollars in real estate transactional costs resulting in lowered home pricing and greater affordability.
The NRECC was established to modernize real estate transactions, reduce costs and bring cash-liquidity to an asset-class typically associated with numerous expenses, volumes of paperwork, time-consuming processes and a market available to a select few. Its focus is to drive positive change and to leverage its unique market position to further anticipate the real estate market's future needs and respond with solutions that lower costs, improve efficiency and bring stability and certainty to the industry served.
Additionally, the centralized clearing and processing by the NRECC will mitigate fraud, increase transparency, enhance performance and drive efficiency for millions of property owners, agents and brokers, lenders, lien holders, banks, insurance companies, REITS, investors and many others.
More on EntSun News
- Baltimore Author Crafts Space Opera Where Human Questions Outshine Galactic Scale
- Stout Surpasses 60,000 Acres and 3 Billion Plants Scanned
- OpsVeda Announces Launch of TariffSight, the World's First Comprehensive Platform to Address Tariff-Driven Challenges
- MAJOR New release of Krypto500 (ELF-HF) Sigint - COMINT software
- New Build-to-Suit VA Medical Office Facility Coming to Highland Heights, KY
For more information regarding the NRECC including membership and participation, please contact the NRECC at info@NRECC.net / www.NRECC.net.
Media Contact
Ryan Bates, Media Director
The National Real Estate Clearing Corporation (NRECC)
info@nrecc.net
Ryan Bates, Media Director
The National Real Estate Clearing Corporation (NRECC)
info@nrecc.net
Source: NRECC - National Real Estate Clearing Corporation
Filed Under: Business, Technology
0 Comments
Latest on EntSun News
- Students Celebrate Earth Month and Learn About the Lifecycle of Trees
- Earth Day Gets Bloody in Brooklyn with Satirical Short Film: Don't Litter in Prospect Park!!
- DivsFeed.com Launches: Digital Magazine Spotlighting Human Integrity, Connection, and Impact
- Electives Appoints DraftKings' CPO Linda Aiello to Board Amid Record Quarter
- Blue Ocean Business School's Deputy Dean Delivers Keynote Address at India Blockchain Summit
- AdvisorVault's Consolidated 17a-4 D3P Service® Full Feature Set Available
- Most Common Car Accidents In America
- Kl Allen Issues A Fashion Industry "warning" With New Streetwear Couture Menswear Collection
- 810 Entertainment offers 'Graduation Party Packages' to SWFL seniors, families
- Co-Creating the Future of ePaper: ZKONG and E Ink at Touch Taiwan 2025
- New York Times Exposé Vindicates CCHR: ADHD Isn't Biological, Says Watchdog
- HISTORIC FIRST The First Belief System In Human History To Formally Enshrine The Innate Divinity Of The Infant As Civilization's Central Moral Axis
- Stuck in Place? Why Homeowners Are Building Up Instead of Moving Out
- Crafting the Sound of VS Pop™: The Vision of CR Srikanth
- "Light" by Brian WF Tobin Follows Jesus as a 23-Year-Old Navigating the Darker Side of New York City
- Ikebana Reflections Launches on iPhone and iPad, Expanding the World's First Ikebana Art App Across the Apple Ecosystem
- Oliver Sean's "Devil is Back" Dominates Global Charts Once Again with Remastered Release
- Boston Industrial Solutions, Inc., introduces Rubber and Foam Printing Ink
- FeelWise to Exhibit at ATD 2025 International Conference & EXPO in Washington, DC
- Webinar Announcement: Mexico's Evolving AML/CFT Environment: FATF Review and FTO Designations