ORLANDO, Fla. - ColoradoDesk -- 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 Colorado Desk

• Colorado Springs: Jessie Kimber inducted as Fort Carson Good Neighbor
• ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
• Pathways to Adulthood Conference May 17 at Melville Marriott Honoring NYS Assembly Member Jodi Giglio, Suffolk County Legislator Nick Caracappa
• Adster Techologies awarded US Patent for breakthrough innovation in reducing latency in Ad Serving
• Colorado: Governor Polis: Real Results Delivered for Coloradans in 2025 Legislative Session

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 Colorado Desk

• Robert Fabbio Inducted into the Austin Technology Council Hall of Fame
• Need a Rental Venue? Evergood Wines Hosts Parties, Reunions, and Nonprofits on Its Outdoor Patio
• Poor Richard's Celebrates 50 Years of Community, Culture, and Connection
• Colorado: Governor Polis Appoints Michal A. Lord-Blegen to the 17th Judicial District Court
• Colorado Springs: Mayor Yemi, City Councilmembers to host 2025 Report Out Community Tour

For more information regarding the NRECC including membership and participation, please contact the NRECC at info@NRECC.net / www.NRECC.net.