5 Ways Technology is Causing Change in Real Estate – Whether it be buying or renting a home, or you are an agent looking to sell one, pulling up listings to browse on your phone or computer in the comfort of your own home is the norm these days. That is just the tip of a huge iceberg that is affecting the real estate world, while technology continues to play an impactful role in both consumers and industry professionals and how to approach the market. There is much opportunity in both residential and commercial properties to use today’s technology in real estate to help grow the country’s largest asset.
Here are f5 Ways Technology is Causing Change in Real Estate
1. Online Listings
Websites make it increasingly easy for anyone with access to the internet to view inventory to see what is available. Along with photos and detailed descriptions of the properties, it is easier to find tax and purchase history, school ratings, and other neighborhood info that can aid in determining where you would like to settle. Want a satellite view to check out how close you may be to shopping centers and highways for easier and shorter transportation? You got it!
2. Mobile Apps
All of the sites that will best aid in finding a house or selling one have apps too-technology that keeps you informed without having to do a thing. You’ll get notifications about new listings and properties that can fit your search criteria, as well as filtering out searches that you do not wish to be on your page. Apps can help with your budget and quick access to agents and property managers alike.
3. 3-D Virtual Tours
Going above and beyond photos, newer software allows buyers and sellers both to take a 3-D virtual tour of a residential or commercial property. This can make it feel as if you were walking through the space in person, making it easier and more comfortable for you if you wish to take a tour from home!
4. Online Investing
Real estate investing takes a cue now from the popularity of crowdsourcing. Newer websites are making it a mission to let anyone invest in high-quality real estate by pooling their resources online.
5. E-signing Services
New platforms are becoming available to complete multiparty real estate transactions, helping to save time and stay organized. If you are out of town or state looking to move into a home farther than the one you currently reside in, there are secure and legal e-signatures to personal task lists to simple file sharing to make it all easier on yourself and the realtor you are working with. This type of technology is not only improving efficiency but also changing how agents respond to their clients.
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