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How Real Estate Is Growing With Technology

Technology is something that, with time, only gets better and better. The tools and features that it supplies the world with are far greater than people have ever witnessed, and yet, this is still only the beginning. Technology helps industries rise and reach the true meaning of success, and if it wasn’t as advanced as it is, businesses may not be thriving as well as they are today.

Regardless of whether you’re looking to purchase a home, or rent out an apartment, or you’re trying to put one up for sale, all you need to do now is type a few things into your phone or Android, and you’re good to go. You have everything at your fingertips now, so much so that you don’t even need to go outside. This is what normal is for our generation now. This is how we get what we want. But that’s only the beginning – there are so many exciting things that come out of technology and into the hands of real estate. It plays a huge impact in how both the industry expert, and the consumer, all approach this market.

There is so much opportunity out there for commercial and residential properties, it’s just looking in the right places and taking in things of use. There are tons of tools to use, but if you don’t know how to work them, they won’t serve you very well. This is why it’s very important to retain as much knowledge as you can so that you are current and on trend with the rest of the world. Because times are moving so quickly, you don’t want to risk getting left behind.

So here are four examples of how technology already has, and still is, changing the real estate industry.

Online listings

As mentioned earlier, if you want to have access to various listings for properties, all you need to do is take a look online. Websites have made it so simple for anyone to view inventory and check out what is available to them. Not only are you able to look through photos and detailed descriptions of the properties, the overall environment, and what is included in the space. You can also find out about the tax and purchase history, as well as any other fees including billing. Plus, you can look into the area of which the neighborhood is in and review school ratings to see if it is somewhere suitable for you. You can even go as far as seeing things from a satellite view to see how close you are to the highway or lakes.

Downloadable apps

All of these websites that give you so much access also come in form of an app too. The great advantage to having an app rather than going onto websites, is that you don’t have to look for all the information yourself. Instead, an app will notify you as soon as something has met your criteria or is similar to what you’re looking for. Not only that, but they may even save you not only time, but money too. This is because it will understand the budget that you have to work with, and only show you things that lie in it. Plus you have easier access of getting in touch with property managers and agents.

Blockchain platform

If you’re looking for a new way to manage your assets, then blockchain can help you do that. It uses data to build a much better financial system. It can analyze and gather up beneficial information, while giving you the ability to buy and sell digital currency. Not only that, but it can store all of these transactions so that everything is organized and kept track of. It is all well laid out and easy for you to understand when someone wants to lease potential real estate assets, and vice versa. This kind of platform is constantly growing, like I-House token explains, so you need to learn as you move.

3D virtual tours

When looking at different properties, while photos and other descriptions are all very good – you can go even further and feel as though you’re standing within the property from the comfort of your own home. There is new software that is constantly being updated to keep it current. And this software allows buyers and sellers to go on 3D virtual tour around a commercial or residential property. You will get the sense of walking through the space and the area as if it were really in front of you, giving you a better idea of the exact environment.

 

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About the Author

Kaya Wittenburg

Blog Author and CEO

Kaya Wittenburg is the Founder and CEO of Sky Five Properties. Since the age of 10, real estate has been deeply ingrained into his thoughts. With world-class negotiation and deal-making skills, he brings a highly impactful presence into every transaction that he touches.

He is here to help you use real estate as a vehicle to develop your own personal empire and feel deeply satisfied along the way. If you have an interest in buying, selling or renting property in South Florida, contact Kaya today.

   
Feel free to call me at: (305) 357-0635
or contact via email: [email protected]