Uploaded on Oct 12, 2023
Explore the dynamic world of real estate technology and innovation, where cutting-edge solutions are transforming the way we buy, sell, and manage properties.
Real Estate Technology and Innovation
Real Estate
Technology and
Innovation
Big Data and Analytics
1. It helps you price a property through
real-time regional price analysis and
forecasted future price fluctuations.
2. The risk is very high in the real estate
industry since price fluctuations are
very common. Big data provides risk
mitigation by predicting future prices.
Source: appinventiv.com
Virtual and
Augmented Reality
1. AR and virtual reality in real estate
save time because there is no
requirement to physically visit the
property.
2. Virtual reality in real estate enhances
the customer experience because the
entire process is easy, personalized
and provides a clearer product
representation.
Source: appinventiv.com
Internet of Things
IoT refers to the appliances and devices
that are digitally connected to the cloud
and are constantly sending and receiving
information. The adoption of this
technology in real estate is a game-
changer!
Source: appinventiv.com
AI and Machine
Learning
1. Chatbots in real estate applications
quickly and easily answer the
questions of a prospective customer.
2. With the help of such technologies, the
process of looking for a property
becomes more pleasant. It saves time
as inappropriate choices are never
shown to the potential customer.
Source: appinventiv.com
Blockchain
Blockchain in real estate, however, opened
up ways to evolve this process. It enables
assets to be tokenized and traded such as
cryptocurrencies. Real Estate is witnessing
a disruptive evolution with Blockchain
acting as the driving force.
Source: appinventiv.com
5G
5G is one of the most important
commercial real estate industry trends. We
are yet to see the complete version of a
fully evolved technology in the real estate
industry! It will involve truly wireless
workplaces which will obviously need
higher bandwidth.
Source: appinventiv.com
Mobile Apps
From ordering food to booking a ride, we
can do just anything at our fingertips.
Thanks to mobile applications. This
technology is another important
commercial real estate trend in 2022.
Source: appinventiv.com
Drones
Real estate drones will provide compelling
and dynamic images of otherwise
inaccessible areas. Also, drone images
lead to better marketing.
Source: appinventiv.com
CRM Software
Implementation of Customer relationship
(CRM) software helps manage your client
relationships and interactions through a
carefully organized database.
Source: appinventiv.com
Thank you
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