Technology in Real Estate is changing the way the entire industry works. Realtors are coming up with new and creative ways to not only market properties, but also interact with their clients on both sides of the transaction.
IT in Real Estate is not something anyone would have thought about 20 years ago, when the researching, buying and selling process was anything but digital. Today, everything is digital – from buyers researching homes to agents marketing homes and sellers receiving showing feedback from buyer’s agents through mobile applications.
While technology can replace many aspects of a real estate transaction, it cannot replace the agent itself – as the percentage of homebuyers utilizing agents has increased significantly in recent years. While the human element of the industry will never go away, technology in real estate changes the game – and every individual involved in the transaction – agents, appraisers, lenders and even home inspectors needs to be aware of the impact technology has on real estate.