What problem was "real estate on the blockchain" trying to solve?
I never went through buying property before so I honestly don't know, but most of the people I know just hired a lawyer and got it done and it was never a thing they had to think about afterward.
I've talked to someone who worked on a (non-NFT-based!) solution for this in developing countries -- it turns out that yes, the cost to bribe officials to falsify documents to steal property can be cheaper than the property's market price.
No?