Actual condo, virtual price – buying via bitcoin

For sale: new Manayunk condos, “ideal for live/work lifestyle of entrepreneurial start-ups.”

Price: 987 to 1,040 bitcoin.

Keller Williams Real Estate’s Susanna Kunkel, listing agent for the four remaining units at Falcon Condominiums in the 3800 block of Terrace Street, believes it to be the first bitcoin listing in Philadelphia.

Kunkel has never traded in the virtual currency herself, but she readily acknowledged that she is trying to connect to a particular group of buyers who probably use bitcoin: the high-tech denizens of North Third Street in Old City, known to some as “Nerd Street.”

“I’m looking to start the conversation,” she said. “I’m trying to show those in this market segment that I respect them.”

Andrew M. Himes, a lawyer with Berger Singerman in Fort Lauderdale, Fla., and a bitcoin expert who has spoken on the topic at seminars nationwide, said the virtual currency is regulated by the U.S. Treasury’s Financial Crimes Enforcement Network – the same agency that last week announced a temporary anti-money-laundering crackdown on pricey homes bought secretly with cash in Miami-Dade, Fla., and New York City.

“Technology companies such as Microsoft and Dell accept bitcoin,” Himes said, but if you want

Read more ... source: TheBitcoinNews