The Use Of Technology In Property Sectors

By
Education & Training with Joseph Doohan

The property sector has seen a huge positive impact from technology in so many different ways from how business is processed, how property transactions are done, how sites are measured and how the property section benefits from new marketing technologies.

 

How technology is impacting transactions

Technology impacts most aspects of a property transaction today. From the surveying of property using technology such as drones to eDiscovery, all these advancements help save costs and time.

 

As construction law is often about document management in a litigious environment, many construction law firms have invested heavily in innovative document management systems and have developed substantial experience in eDiscovery.

These advanced toolsets helps those in the property sector streamline all phases of eDiscovery, including data mapping, identification, preservation, collection, processing, review, analytics, and production

 

Technology in land registrations

Previously land registrations were hand written, but today they are logged on cloud storage systems meaning there is less likely to be mistakes and less likely documents will get lost.

 

Technology now impacts how property sectors conduct marketing

Today, technology plays a big part of how marketing works for the property sector. No more do property companies have to rely on print media or even TV to get their message out to their customers. Today techology like the internet allows you to get your message directly to your ideal target customer. 

 

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Comments (2)

Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Thanks for sharing!

Technology impacts most aspects of a property transaction today. From the surveying of property using technology such as drones to eDiscovery, all these advancements help save costs and time.

Jun 23, 2020 04:32 AM
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

With the pandemic I think we have seen a big jump in reliance upon technology, lots of rules where wet signatures were wanted have been waived allowing for technology to speed up and make the process easier as well. Now we just have to ensure it all stays secure.

Jun 23, 2020 06:19 AM