Great article. Completely in agreement. Real Estate has historically had two forms of liquidity:

1. Finding another buyer who wants to LIVE in your home a.k.a doing a direct sale/ transfer of ownership to USE the asset. Maybe someday tokenization will play a role here but more likely in the background than anything.
2. Creating portfolios that are ACTUALLY attractive to investors through securitization, funds, and the like. This is where is security tokens can have an immediate impact as well as blockchain for the underlying assets themselves (ie. mortgage payments etc.)

Where and how the technology is adopted in real estate definitely remains to be seen but is definitely a matter of when not if.