How Technology Transforms Real Estate to Cope Up with Trends (2)

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How Technology Transforms Real Estate to Cope Up
with Trends
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(No Transcript)
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Why Technology in Real Estate is the Need of the
Hour?
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Online Real Estate What Drives the Growth?

• A number of factors, such as prices, supply, and
  investment potential for real estate, influence
  the growth of this sector

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Demographics

• Demographics reveal the age, income, and
  preferred regions of actual or potential buyers,
  as well as the proportion of retirees and those
  who might purchase a second home or vacation
  property

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Interest Rates

• Interest rates have an effect on both the price
  and demand of real estate lower rates attract
  more buyers because obtaining a mortgage is less
  expensive, but they also increase the demand for
  real estate, which can lead to an increase in
  prices

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Economy

• Real estate prices frequently fluctuate with the
  state of the economy
• Still, buyers of REITs or other diversified
  holdings who are either immune to economic cycles
  or resilient to downturns can reduce this risk

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Regulations

• Tax breaks, deductions, and subsidies are
  examples of government regulations and policies
  that may help or hurt real estate demand

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How Technology Helps the Real Estate Industry
Improve?
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Improves Efficiency For Real Estate Companies

• According to a report by KPMG, efficiency is the
  number 1 reason why commercial real estate adopts
  technology solutions
• The report mentions that a real estate company
  hires real estate developers or development
  companies 65 of the time to improve the overall
  speed and performance of the company
• In addition, your employees can concentrate on
  other tasks if technology can handle some of your
  workloads

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Helps Make Informed Decisions Fast

• The same KPMG report suggested that real estate
  organizations use technology to make informed
  decisions faster
• For example, technology can assist your real
  estate business in data collection and
  interpretation
• As a result, your business can make wiser
  decisions, setting you up for greater success

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Low Operation Costs with the Right Technology

• Technology comes with a price, whether upgrading
  your bookkeeping procedures or purchasing a new
  computer
• However, you should consider it an investment
  rather than just a cost
• Long-term savings can be had by making the
  appropriate tool investments

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Technology Gives Competitive Edge
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Easy and Simplified Asset Management with
Automation Technology

• There is a lot of repetition when it comes to
  some tasks
• When you outsource these kinds of jobs to
  automation, youre putting human labor to work
  where its most needed
• While performing repetitive tasks with a constant
  level of quality can be exhausting for a human,
  technology can

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Top Features of Real Estate Solutions
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Smooth Onboarding

• Traditional real estate faces many issues, from
  obtaining a real estate license to wooing
  customers, while the onboarding process is easy
  and smooth with technology
• Despite your urge to gather as much personal data
  about the users!
• Users will become disinterested in your website
  due to lengthy onboarding procedures requiring
  numerous steps for data collection

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Robust Lead Management
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Outstanding User Interface
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Ensure the Success of your Real Estate Business
by Leveraging the Power of Technology

• You must grab the latest tech advent to ensure
  success in your real estate business
• For example, the real estate sector is witnessing
  a pool of technology solutions on the top of
  trending platforms
• Similarly, you need to find the right tech
  partner to help you build a perfect Real Estate
  Mobile Application

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Final Thoughts