Tomorrow's Real Estate Technology Today

One of my favorite things to do at Inman Connect is to see all the new Real Estate Technology that's being introduced to the industry.  While I was wondering around the EXPO checking out the vendor booths and different products, I came across one vendor that really got me excited.  They are called Infusion.com providing Location Intelligence Services.  I was fortunate to have a meeting with Kayla Spiess, their Marketing and Communications Manager, and Tyler Davey the General Manager.  When I saw the demo I'm about to share with you, I was blown away. 

Real Estate Technology is something we know is always changing.  We are constantly trying to adapt to the changes.  Most often I find myself struggling just to keep up with it all.  Last week I wrote a post about Google Maps and Google Earth regarding the missing link to click on the front door of a property and to go inside, or the lack thereof.  Infusion is already ahead of the curve.   Using Microsoft Surface technology, they have taken this idea and incorporated INFUSED ways to use it into today's Real Estate Market and Industry.

Here's a Video Preview of Infusions Falcon Eye Application

The Surface Touch Table you see in this video costs around $12,000 dollars and though you might not find one of these in the entry way of your local Real Estate office or Brokerage, this product is available for certain computers meeting specific Hardware and Software requirements.  The future of Real Estate Technology may at some point include the requirement to purchase one of the coffee table type touch screens for your Real Estate Office.

Don't laugh, they said the fax machine would never make it as a modern day Business tool either.


                    

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100 Comments on Tomorrow's Real Estate Technology Today

AUG
06
421,778 Points 81 Featured Posts Localism Sponsor Outside Blog Hit Router

Impressive!  I'll bet you're having a ball out there.

12:12am • #1
379,803 Points 3 Featured Posts Outside Blog
Brad: Great information here.. Thank you for sharing this with everyone
12:13am • #2
4 Featured Posts

Wow, Brad, this is freaky.  This technology would be quite the magnet for bringing in prospective clients to your office.  It would probably pay for itself in a matter of weeks.  I wonder how far reaching the technology really is, though.  There must be some fairly dramatic programming costs to accomodate specific MLS areas.

12:16am • #3
Outside Blog

Thanks Brad.  It's important for us mortgage brokers to stay up with the technolgy out there for Realtors too.

12:16am • #4
364,839 Points 23 Featured Posts Outside Blog

Hi Brad... VERY COOL!  I get very few buyers who actually end up in my office, but the promise of something like this if they did, might make very good bait!

12:24am • #5
211,439 Points 5 Featured Posts

Brad,

Holy crap! How do I get my hands on that? That's amazing.

12:24am • #6
211,225 Points 2 Featured Posts Outside Blog

Hi Brad...That's Wild, I want one too..I may have to Fight  Terry to get one 1st.

I'm still just getting done plotting my YouTube video's for Google and now this.. Could you Buy one, and with HP's new touch screen computer maybe some how I could link to you and use this New Interactive Mapping System.

Brad You Rock thanks for sharing this find:O))

12:28am • #7

Wow, costs certainly are dropping fast for this type of technology and are more accessible to the masses.  I first saw this technology (although I don't know if it was from the same company) on John King's "Magic Wall" on CNN during CNN's months and months of coverage of the presidential election.  The other networks starting using variations of it as well since it was very popular on CNN.

12:37am • #8
146,565 Points 6 Featured Posts Outside Blog

Way cool.

I have a tablet PC.  I wonder if it would work on that.

Very Star Trek.

Will it bring me more sales???....Hmmmmmm

2:13am • #9
1 Featured Post Outside Blog

Truly amazing.  Did the military develop this?  I bet they will want it.  Not to mention foreign intelligence services.

5:02am • #10
1 Featured Post Outside Blog

How do they know what's in a room? 

Very "Blade Runner".

Must be an outgrowth of the flight simulators (for pilot training) that have shown the daytime (and nighttime) appearance of airports (located all over the world)...all the way from circling to final approach to landing .. for many years. 

I thought those dinasaurs were pretty amazing.

Using "Falcon" in the branding...very descriptive of how it would feel to use....like flying.

5:10am • #11
202,321 Points 4 Featured Posts Outside Blog

Brad  - This is impressive, for sure, but it's also scary as all get out!  I can see this having application in military surveillance but ... it's kind of 'out there' for me otherwise.  Maybe as I learn more ... LOL  What absolutely makes me watch in wonder is ... just think of the minds that were able to design this and write the code!  Yikes! 

6:03am • #12
245,973 Points 22 Featured Posts Outside Blog

Very cool Brad.  I never say never when it comes to tech.  I grew up in a world where every phone had a rotary dial and needed to be attached to the wall with a cord and computers took up whole rooms; now look at us.  This screen is amazing. 

6:14am • #13
1 Featured Post Outside Blog

I can see how you were blown away by this demonstration. Thanks for sharing it with us virtually.

6:44am • #14
184,130 Points 8 Featured Posts Localism Sponsor Outside Blog

Brad, I can see this changing everything, including bringing people BACK into the offices. I bet in a few more years all homes available for sale will be showing up, with tours of the homes. Plus, with access to real time traffic and other info, people unfamiliar with the area would have a better understanding of where they are moving before they get there. Thank you, nice video, and I am sure you are having way to much fun!

6:47am • #15
314,479 Points 22 Featured Posts Localism Sponsor Outside Blog Hit Router

Very Very Cool.  I'm also thinking that - as all things in the computer-technology area - if I can just hold off for a couple years, that price tag will probably lose one of its zeros.  :-)

7:02am • #16
275,946 Points 42 Featured Posts Localism Sponsor Outside Blog

Interesting stuff... could make "showings" completely obsolete

7:26am • #17
384,086 Points 2 Featured Posts Localism Sponsor Outside Blog

Hey brad right after my wife gets the renovated master bath she wants I am there with this. Ha It does look very cool thanks for the post

7:40am • #18
322,053 Points 5 Featured Posts Outside Blog

I can see myself showing homes in a preview room at my office with this. . one day

7:50am • #19
116,192 Points

That is scary cool....technology is amazing these days.  That looks like my kind of conference!

7:50am • #20
209,690 Points 4 Featured Posts

I am constantly amazed at the evolution of technology. Just when you get a handle on one piece of technology, another one sneaks up on you to take it to the next level.

Luckily, we have you to keep us up to date!

8:16am • #21
179,166 Points 3 Featured Posts Localism Sponsor

Hi Brad ~ I could definitely see this being a draw in the office. But does this mean those guys with the cameras that took shots of my house from the street and the air are going to show up to film inside my house?  Should I be pulling my shades?

Liz

8:17am • #22
179,213 Points Localism Sponsor Outside Blog Hit Router

Brad, this technology is truly amazing.  Hope you are having a great time in SF.

8:18am • #23
181,173 Points 27 Featured Posts Outside Blog

Brad - My wife and I caught part of Minority Report the other night.  Watching Tom Cruise scroll through the touch screens as he did his work seemed so cool and everytime I see technology like this I'm reminded of how far things have come - especially in computers.  My dad wrote programs on punch cards, now he's goofing around with Google Earth.  You should see his face when he sees technology at work.

8:41am • #24
4 Featured Posts

Very cool, although it seems to be bringing  tones of "1984" into every day life. Will Big Brother be watching us all the time from the satelite? Time to keep our curtains closed!

Great stuff for the real estate industry though.

8:41am • #25
Outside Blog

I had to laugh when you said, "No one though the fax machine would make it as a modern business tool, either." You're right; change is occuring so fast, it's hard to keep up with what's emerging, never mind anticipate what might be coming. I'm glad we have you to keep us informed and up to date!

8:46am • #26
102,088 Points 1 Featured Post Localism Sponsor Outside Blog

Brad, this really creeps me out, next thing you know they will be in my private rooms! Holy Smokes!

9:21am • #27
116,556 Points 2 Featured Posts Outside Blog

Brad -  very cool. Perhaps they'll be at NAR Convention in San Diego? Will be my first time to go, and I'm realy looking forward to the technology stuff.

9:51am • #28
205,767 Points 14 Featured Posts Outside Blog

Saw the surface touch table at the hotel during our CRS Instructor meetings last month...absolutely awesome!  CRS Instructor Mike Selvaggion and I played a hotly contested game of chess on it...amazing!

As the cost comes down, which it will, more and more offices will have 'em.  Can't wait 'til I can get one for my living room!  :-)

9:57am • #29
1 Featured Post Outside Blog

Thank you for the warm welcome!  I look forward to learning about SEO from you.

10:00am • #30
247,576 Points 1 Featured Post

WOW, thanks as always, for keeping us on the front edge of the Real Estate world.

10:00am • #31
191,436 Points 12 Featured Posts Outside Blog

WOW that is cool. Imagine a builder putting their models up for you to walk through virtually - maybe I'm in NJ and want to buy a vacation home in FL ... what a concept.

10:02am • #32
171,868 Points Localism Sponsor Outside Blog

Brad..Isn't technology wonderful! I just got the 3G google phone ..and WOW ..

HELPFULHANNAHtwitter@helpfulhannah

10:02am • #33
Localism Sponsor Outside Blog
That is awesome! I'm thinking of one built into a coffee table for home use. I love seeing the inside of a property - just as long as you can't step inside my house and see me without makeup! Thanks Brad!!
10:03am • #34
Outside Blog

Brad

This totally rocks!  Right out of NCIS!

TO GO WHERE NO ONE HAS GONE BEFORE!! 

10:03am • #35
263,195 Points 19 Featured Posts Outside Blog

that was very cool... thanks for sharing that with us.

10:05am • #36
238,202 Points 5 Featured Posts Outside Blog

Brad,

All this technology is changing faster than I can keep up:)

10:06am • #37
2 Featured Posts

Brad,

Technology is moving so fast and as business people we need to keep up.  It is so great that we have ActiveRain to keep us posted on all the new fun stuff.

Have fun :)

Sharon

10:17am • #38

Wow, our industry is changing everyday. I bet most real estate agents are not aware of this new technology, thanks to you and activerain we are kept up to-date on everything. Thanks!!

10:19am • #39
221,524 Points 5 Featured Posts Localism Sponsor Outside Blog Hit Router

Brad --- WOW --just amazing.  I can see why you got so excited.  Thanks for sharing the infusion with us. I know you are in "hog heaven" out there.

Mama Liz's Signature

10:26am • #40
Outside Blog
Great stuff, technology has been my weak link in the biz until now, I had a dear friend get me started, take the fear out and I'm only begining. YOUR SALT LAKE REALTOR AND FRIEND
10:37am • #41
148,523 Points 4 Featured Posts

Thanks Brad, I didn't see them yesterday and I will visit the booth today.

10:42am • #42
140,181 Points 22 Featured Posts

Hi Brad,

This technology could take the virtual tour to a completely new level. Just wow! The price tag is still quite high for my tastes, but maybe someday I will be able to afford one! :)

-Lisa

11:46am • #43
236,966 Points 9 Featured Posts Localism Sponsor Outside Blog Hit Router

That is pretty nutso, but I would love one!!!!!  Thanks for sharing with us!

11:57am • #45
7 Featured Posts

Seems like this would be available on any computer with a touchscreen.  No?

12:10pm • #46

AR always has us ahead of the curve,thanks!

12:27pm • #47
That is definatly a WOW tool. Would love to have that in the lobby for sure.
12:42pm • #48
Now just imagine it with virtual tours and overlays to show nearby listings and school/community information. I want this! Thanks for giving us the update. SOO wish I was there!
12:43pm • #49
183,564 Points 1 Featured Post Outside Blog
Thanks for the info Brad, I still trying to figure out the fax machine... stick a paper in and it comes out somewhere else.
12:50pm • #51
Outside Blog Hit Router

Way cool, Brad!  We just have to be careful not to zoom in on a big hairy guy in the shower!  Not good!

12:56pm • #52
146,876 Points
I knew this was coming when I saw Tom Cruise using something like it in Minority Report. If they could see it coming, someone had to have the idea. Can't wait for it to be reality in daily life, too cool.
1:08pm • #53

All I have to say is wow and I need to sell some more houses to buy that baby!!!LOL

1:39pm • #54
212,973 Points

Technology is a beautiful and confusing thing.  I am behind the curve.

1:52pm • #55
1 Featured Post Outside Blog

What other cool thingies did you find?   I'm so jealous that I don't work for a company who will send me to these kind of events.  Thanks for sharing this one and I'm waiting for more!!!

2:02pm • #56
Outside Blog

Very cool. Thanks for the information.

2:36pm • #58
2 Featured Posts Localism Sponsor Outside Blog Hit Router

Brad let them know I'm ready to test one of the surface touch tables for them in the field :)

2:39pm • #59
139,966 Points 13 Featured Posts

Just wait until Apple figures out how to scale this down and incorporate this into it's iPod touch...

That is incredible technology.

2:47pm • #60
403,423 Points 72 Featured Posts Outside Blog

Brad...

That kind of technology scares the crap out me. Hopefully, I'll be dead before I have to worry about being infused :)

TLW...ROAR!

2:48pm • #61
582,558 Points 62 Featured Posts Outside Blog

I've heard about these tables in restaurants but surely they don't cost $12K.

2:59pm • #62

Hi Brad. Seems cool. I hope the price tag is drastically reduced :) Like desktops, VCRs, etc were.

3:02pm • #63
314,490 Points 8 Featured Posts Outside Blog Hit Router

Wow. You get to play with all the cool stuff first! Must be fun.

3:22pm • #64
Outside Blog

Awesome stuff.  I love the touch screen!  Seeing inside virtual buildings?  COOL!  :)

4:04pm • #65
Hi Brad, I was working at HP when they were playing with this MS technology. Very cool application for it. I LOVE the new stuff and really miss being on the "inside" watching it be developed. Don't worry everyone, prices will drop. Remember laplops were $3,000 just a few years ago. Thanks, Brad!
4:11pm • #66
1 Featured Post Outside Blog

Remember: 

the facsimile (fax) machine was first a piece of military hardware for transferring intelligence information. 

The first machines were as about as high and long as a standard office desk (and maybe half as deep)....very ugly black and white.l  They cost Sam thousands each.

4:21pm • #67
372,528 Points 63 Featured Posts Localism Sponsor Outside Blog

Hi Brad, this Infusion is really impressive.  Having a vivid imagination, I wondered aloud while watching this, about the types of information that can be obtained. While real estate and business would find this information very valuable, wouldn't it also be useful for those that would wish us harm. Be it internal or exterior groups that are evil intent. As I was observing the power grid overlay and any number of other possibilities that might be available, this information could be harmful if in the wrong hands. I am sure it will not slow the progress we have begun but it does give pause to wonder.

5:24pm • #68

Amazing, so advanced!  But geez Brad; I just stopped using a tape measure to get room dimensions!

6:11pm • #69
1 Featured Post Localism Sponsor

I would love to have this in my arsenal of  tech tools. Looking forward to seeing it in the future.

7:35pm • #70
Localism Sponsor

Interesting this Infusion thing. Thanks for posting the video. Maybe you'll meet some of my co-workers from Hawaii Life real Estate Services, who are attending Connect SF in person. Aloha from Kauai...

7:53pm • #71
Localism Sponsor

On second thought Brad, i think that technology is just slightly out of my price range. LOL

7:56pm • #72
579,639 Points 34 Featured Posts Localism Sponsor Outside Blog Hit Router

Fax machine?  I think I heard about those... don't they spit out rolls of paper that become unreadable if left in a hot car? 

8:46pm • #73
163,954 Points 6 Featured Posts Localism Sponsor Outside Blog

We can always count on you and others at AR to bring us up to date on the latest and greatest.

8:46pm • #74
203,630 Points 6 Featured Posts Localism Sponsor

Brad, if YOU have trouble keeping up with technology, how do you think the rest of us feel?? But then, that's why we have YOU! Thanks once again for keeping us on the cutting edge. I think the cost of this technology will come down to where pc's will have it within a few years and I can't wait until Mac rolls out their version!

Sharon

8:49pm • #75
353,845 Points 9 Featured Posts Localism Sponsor Outside Blog

This is amazing... thank for bringing all of us to the show with you.

9:41pm • #76
Outside Blog Hit Router

Love, love, love it! I hope it's up and running while I'm still in the business!

11:10pm • #77
AUG
07
In 1997 I did the CRS 206 and they said that technology was moving soooo fast. We should plan on budgeting 125.00 a month for new products! LOL! I sell homes in Napls FL and most of my buyers are in other states. This would be great to have this technology! Thanks for the update. This makes real estate fun AND expensive. Not for sissies!
Marcia Hawken
4:20am • #78
Localism Sponsor
And to think my first job was correcting key punch errors when the room-sized IBM mainframe kicked them out! Don't ask. I hope to get to INMAN in NY.
8:22am • #79

As technology advances agents and brokers are being challenged. The consumer has and will have information in "real" time and "we" will have to market ourselves more than ever on the benefits of using a "Realtor" . The acknowledgment of their research and work will have to be addressed.

Flat Rate Realty
8:52am • #80
4 Featured Posts Outside Blog

That's some pretty good stuff. Sure has google earth beat to heck.

9:15am • #81

Would love to have this software available for my laptop. Would be great to carrie with me and show parents during sporting practices.

Loida Claudio
9:57am • #82

Really cool but it looks like it has a lot of work before it's ready to go.

10:24am • #83
Outside Blog Hit Router
Wow...this is going to be an amazing tool for the real estate industry! I am forwarding this to my husband who is an architect....can you imagine what it will do for their industry also?
10:34am • #84
178,995 Points 1 Featured Post Localism Sponsor Outside Blog Hit Router

Very cool.  However, I think the ultimate future for something like this is desk top, note pad, or smart phone.  They want the visual tools, but they need to be usable anywhere, accessible to the client from the home, and cheap.

1:11pm • #85

Brad, yes, definitely cool, I saw a demo of this on YouTube maybe 1.5 years ago.

I wonder, however, (and maybe I'm one of a dissenting few), just how applicable it is today. The visual format is great, but the customer still has to come in to the Broker's office to use it?...Most people I know LOVE my automated emails that alert them of the best deals - in the comfort of their own homes, and they like it that way! It's great to look at "bleeding edge" technology, the sweet spot is in "cutting edge", where it can be used to help people today. Just my two cents!

1:41pm • #86

WOW! What a great response, thanks

I spoke with the folks at Infusion again yesterday and there is already or will be an application like this for the Touchscreen Home/Office Desktop and Laptop computers.  Having a coffee type touch table in your office would be one thing, but having that same power and capability on your computer or mobile laptop device would be just hot diggity superb!!  Check out Infusion.com and contact Kayla or Tyler if you want more detailed info. They're good people who know their product, and they are both very customer service friendly.  :-)

1:57pm • #87
2 Featured Posts
Can you imagine if we all had this on our lap top? We would play all day and never get any work done! :)
2:15pm • #88
2 Featured Posts Outside Blog Hit Router

This is amazing!

I think it would be an amazing and maybe more affordable option to have on your computer.  Love the technology and possible applications.

3:06pm • #89
243,743 Points 3 Featured Posts Outside Blog

Brad,

Not bad at all. This looks like what the CNN weather guys are using on their reports. Once the cost comes down a bit the technology will be available at forward-looking real estate offices.

5:33pm • #90
133,134 Points 10 Featured Posts Localism Sponsor Outside Blog Hit Router

Brad - wow!!  You must be in TECHNO Heaven...... :)

7:38pm • #91
196,837 Points 26 Featured Posts Localism Sponsor Outside Blog

Does this mean I have to keep my shades in my bedroom closed at all time from here on ???

8:41pm • #92
AUG
08
231,193 Points 27 Featured Posts Localism Sponsor Outside Blog Hit Router

Wow !  Not that is impressive technology !  And a great video !  I would love just to know how to make a video like that : ) .  Being at Inman must be awesome.  We were in NYC earlier this year and loved it.

5:56am • #93

Thanks, I can help you guys make a video like that.  It's finding the cool stuff like this that makes it fun. :-)

8:05am • #94
121,820 Points 1 Featured Post
Brad - It's like GPS and CAD on steroids. I am sure that we will see stuff like this in the future of real estate. I just hope technology doesn't get too expensive for the little guy. Otherwise, we won't be able to compete on the same level.
8:54pm • #95
AUG
09
Outside Blog Hit Router

12,000$ now 120$ in 6 months, just need to wait it out. Remember how much the first computer cost, cost 10,000$ now you can get them for couple hundred, and without a tower...

10:58am • #96
SEP
06
Localism Sponsor

You can actually play with that Microsoft technology if you visit the 'House of Tomorrow' in Disneyland and Disneyworld.  In the house of tomorrow they incorporated the Microsoft Surface Techology into a coffee table for virtual book reading and digital photo albums that flipped the pages with the flick of a finger.  This technology was Bill Gates last gift to the computer world before he stepped down from Microsoft.

6:21am • #97
SEP
16

This is fantastic! I think clients would love this kind of technology while searching for a new home.

8:31am • #98
We've seen this tech tool used on the nightly news in regards to the weather forecast. It's awesome to watch while being used.
8:34am • #99
SEP
25

Very cool technology!  Like most things techno, this will be the norm in a few years and it'll probably be a free download!  Amazing!

1:24am • #100

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