Saturday, 23 February 2019
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This Old House - Do-it-Yourself

Technological trends that have brought real estate to a new technological level

Written by Posted On Sunday, 10 February 2019 05:57

As technology advances, and it does so every minute of every hour, we shouldn’t expect real estate to remain intact. On the contrary, real estate has grown from its traditional self of the olden times and this growth comes hand in hand with technology. Below you will find five trends that have brought real estate to a new technological level.

IoT (Internet of Things)

When it comes to houses, Internet of Things is a system that combines home automation and the internet. The UI uses devices like smartphones, computers and tablets in order to control the lighting, the climate, the entertainment system, the appliances, home security and alarm systems through the internet. It is one of the most innovative things with in the recent years. Nowadays, many people use smart technology in their houses and, in the future, many people will look for houses that support IoT technology. This is going to have a great impact in real estate, as the prices of the houses with smart technology will rise.

Virtual Reality

Virtual Reality is a computer-generated experience that takes place within a simulated environment, based on reality or fantastical. This technology, that became an international phenomenon when Pokémon Go was first released, will affect the real estate world as well, as it will be possible for people to tour the places that they want to buy using virtual reality devices, while they simply sit in their homes.

Physical & Digital interactions

The main idea behind the mixture of physical and digital interactions is that the consumer can order an item from any large online store on their cell phone and go to the physical store to pick it up. This practice will also affect the real estate world, as the consumers will be able to send an alert message to the real estate agent, so that he or she can give them a tour to the house they showed interest in as soon as possible.

Machine Learning

Machine Learning is a scientific study that offers the consumers recommended products online, based on their previous searches or purchases. Real estate websites used to make people enter their search criteria each time they visited it, in order to get the search results. This has changed a lot in the last few years, thanks to machine learning. More and more real estate websites can now understand each customers’ unique choices, like price range, location, size and number of rooms and save them for future references.

Everything on Demand

With this trend that has helped people receive items of all sorts with just a click of a button, companies will help bring consumers in touch with the real estate agents instantly. For more informations visit: e-agents

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