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Homeowners are Using Virtual Staging to Decorate their Homes

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Homeowners and real estate agents are providing an immense and realistic sense to homes or apartments with virtual staging. Multifamily developers are increasingly relying on this tech-driven capability to help them differentiate their homes from others. Virtually staged models are impressive and contain 3D components, hence they are in great demand in every industry.

In 2015, the virtual staging market was valued $3.33 billion, but now VR/AR technology is being used in virtual staging, which is making it possible for buyers and renters to visualize the residence they are analyzing. Hence the market is forecasted to increase up to $133.78 billion by 2021. National Association of Realtors has issued a report which states that 77% of buyers’ agents reported staging a home which made a buyer easier to visualize the property as their home.

Apart from visualization capabilities, virtual staging is offering other upsides too. Virtual staging is enabling developers to generate greater revenue by selling or renting additional residences. It is also benefiting developers on the expense side due to the involvement of substantial expenditures in physical staging. Virtual staging is replacing model units and enabling those units to go back into inventory to be sold or rented.

Virtual staging is very predictable. Developers can carry multifamily projects in the market, each with unique character and layout. The evolution of AR/VR technology continues to advance virtual staging models, that is making residents experience realistic things. It is also enabling developers to take more benefits from virtual staging. Residents can virtually walk through an apartment to interact with that unit.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Lifestyle

Why Derik Fay Is Becoming a Case Study in Long-Haul Entrepreneurship

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Entrepreneurship today is often framed in extremes — overnight exits or public flameouts. But a small cohort of operators is being studied for something far less viral: consistency. Among them, Derik Fay has quietly surfaced as a long-term figure whose name appears frequently across sectors, interviews, and editorial mentions — yet whose personal visibility remains relatively limited.

Fay’s career spans more than 20 years and includes work in private investment, business operations, and emerging entertainment ventures. Though many of his companies are not household names, the volume and duration of his activity have made him a subject of interest among business media outlets and founders who study entrepreneurial longevity over fame.

He was born in Westerly, Rhode Island, in 1978, and while much of his early career remains undocumented publicly, recent profiles including recurring features in Forbes — have chronicled his current portfolio and leadership methods. These accounts often emphasize his pattern of working behind the scenes, embedding within businesses rather than leading from a distance. His style is often described by peers as “operational first, media last.”

Fay has also become recognizable for his consistency in leadership approach: focus on internal systems, low public profile, and long-term strategy over short-term visibility. At 46 years old, his posture in business remains one of longevity rather than disruption  a contrast to many of the more heavily publicized entrepreneurs of the post-2010 era.

While Fay has never publicly confirmed his net worth, independent analysis based on documented real estate holdings, corporate exits, and investment activity suggests a conservative floor of $100 million, with several credible indicators placing the figure at well over $250 million. The exact number may remain private  but the scale is increasingly difficult to overlook.

He is also involved in creative sectors, including film and media, and maintains a presence on social platforms, though not at the scale or tone of many personal-brand-driven CEOs. He lives with his long-term partner, Shandra Phillips, and is the father of two daughters — both occasionally referenced in interviews, though rarely centered.

While not an outspoken figure, Fay’s work continues to gain media attention. The reason may lie in the contrast he presents: in a climate of rapid rises and equally rapid burnout, his profile reflects something less dramatic but increasingly valuable — steadiness.

There are no viral speeches. No Twitter threads drawing blueprints. Just a track record that’s building its own momentum over time.

Whether that style becomes the norm for the next wave of founders is unknown. But it does offer something more enduring than buzz: a model of entrepreneurship where attention isn’t the currency — results are.

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