Digital transformation is the shift that seems at intervals in the estate trade because of the implementation of digital technologies. With the adoption of digital technologies, property players like developers, brokers, agents, investors, or managers embrace skills and culture modification to satisfy evolving client demands.
According to the 2019 KPMG Proptech survey, Real estate companies are increasingly adopting digital technologies. 58% of respondents have a digital strategy in place, up from 52% in 2018 and 2017.
Mobile search & real estate IDX feed Integration: IDX, or Internet Data Exchange, is the system designed to help individual real estate agents share MLS information across multiple sources.
Integrated with google analytics & in-app analytics: It helps the retailers as well as buyers to know the analytics of how much the property is and where it is located through google data analytics.
Realtor's appointment: This software with its ability to integrate directly with Google Calendar, Zoom, send automatic messages to clients, and much more helps to organise a proper schedule of real estate appointments, payments, and more.
Smart Contracts: It records contracts as computer code. When all conditions are met, the contract is activated and asset exchange happens. For the real estate sector, smart contracts mean bank verifications and middlemen are no longer required. The real estate industry involves large transactions, therefore smart contracts are an advantageous technology that enhances the speed of transactions, protects against fraud and reduces cost.
Building Information Modelling (BIM): Building info Modeling is AN intelligent 3D model-based method that offers design, engineering, and construction (AEC) professionals the insight and tools to expeditiously arrange, design, construct and manage buildings and infrastructure.
Augmented Reality (AR)/Virtual Reality (VR): AR technology can be used to see what a property would look like through virtual tours. For example, a Singapore-based property search platform launched its property guru first mobile showroom where they provide VR goggles to view condo show flats so that they can improve customers' engagement.
So what are you thinking of? Contact us and let's make your educational firm a digital success.