real estate technology: The Power of Immediacy in Real Estate
- 10/31/22 02:07 PM
Credit: fanjianhua Via Freepik Real estate transactions used to function at a plodding pace, hampered by procedural inefficiencies and slowed by manual processes. Anyone who bought their property before 2010 can attest to this fact; a homebuyer had to skim the Yellow Pages for a realtor, visit several homes, hold several (inessential) meetings, and wait with bated breath for documents and assessments to roll in slowly. And if a consumer wanted actionable data to aid them in the buying/selling process, they were most likely out of luck – as real estate micro-trends, up-to-the-minute median prices, and other indispensable data simply weren’t available. In other … (2 comments)
real estate technology: Understanding the 3 Types of Big Data
- 09/08/22 01:26 PM
Credit: rawpixel.com Via Freepik If you’ve recently scoured the pages of a tech magazine or combed through a business blog, chances are you’ve come across the term “big data.” No, it doesn’t refer to the consolidated market forces behind data (the way some pundits use “big pharma” or “big ag” to drum up tension). Instead, big data is far more literal: it simply refers to data sets too complex, quick and vast for everyday computing software to store, manage or interpret. These unmanageable data sets are invaluable to companies – provided they know how to use them. When a company mines big data with … (0 comments)
real estate technology: Silicon Valley & the Future of Real Estate
- 08/26/22 08:42 AM
Credit: videoflow Via Freepik Silicon Valley has become synonymous with technological innovators, disruptive mavericks and starry-eyed forward-thinkers. From transportation to finance, food to telecommunications, the startups that pass through Silicon Valley have reshaped nearly every aspect of modern life. There isn't an industry on earth that this sleepy Bay Area town hasn't influenced. It was only a matter of time before Silicon Valley set its sights on real estate. The real estate industry has a deserved reputation for being staid, set in its ways, bullish with outsiders, and resistant to change. That’s starting to shift now, as technological advancements are forcing the industry into … (0 comments)
The virtual tour has already become a new standard in real estate, allowing prospective buyers to get a more in-depth look at listings with higher quality, 360-degree photography and video tours, but there’s further for the industry to go. The rapid evolution of virtual reality technology and falling hardware prices presents an opportunity to further enhance the experience of prospective buyers before they have to book a viewing. The future of VR in real estate is a bright one, and industry players can expect to see high consumer demand for new features and experiences like these. 1) Remote VR Viewing The virtual … (0 comments)
Credit: fanjianhua Via Freepik
;)
;)
;)
