Connect with us

Business

Top technological trends in the real estate sector and their impact

mm

Published

on

Technology is changing our lives, companies and public institutions. Today we can clearly say that our routines, processes, etc. are modified by machines, wearables, information technologies, etc.

New data and communication software propels us forward into the future, from the personal to the global scale. In the midst of it, some realities disappear, either because technology makes them have no place in our world or because they do not adapt to technology and are “out of the game.”

In the global context, we look towards what happens in other leading countries in the world. Whatever the extent of our radius of action, it is convenient for us to know other markets’ situation, at the same time as ours, and to know what trends or what changes of greater scope may affect us.

Companies in the real estate sector that use technology to improve or reinvent their services. More specifically, there is an incredible price difference in favor of the client when it comes to online agencies. In short, they give this type of good reason to the real estate disintermediation projects.

Real estate disintermediation, the direct deal between buyer and seller, or between landlord and tenant, can have a parallel in other platforms such as Uber, Cabify or Airbnb, to name just three names. A software, an electronic device and an Internet connection are the technological common denominator for all these platforms. Perhaps real estate disintermediation will be the next hurricane in this commercial sector. The next sector will be shaken almost to the ground, like the taxi or the hospitality industry.

And yet, the technology works for the professional and the client in real estate in several ways that are not disintermediation.

  • What does technology do today for an office or real estate company with physical headquarters, such as the real estate companies we know so far?
  • For what, or why, does a real estate client pay a commission?

These are two broad questions that are answered every day since they ask about the best way to develop our work in the case of professionals. For this reason, we do not intend to exhaust the answers on this page on a day like today, for example, what would we answer?

Regarding what technology does today for the professional and the client, we must undoubtedly highlight information technologies, through the Internet and software:

  • Information to the client through the Internet. In this area of ​​information, it is necessary to consider the high visual component that the digital medium allows, of static image (photographs) and dynamic (video).
  • Storage and management of information related to real estate.

Other technological services of interest are:

  • Online real estate reservations (think of real estate that is bought from banks or holiday homes).
  • Company-client communications through email and secure instant messaging applications.

On the other hand, other realities seem to be alien to technology, such as physically visiting the property or going to the notary to sign the deed of sale. There have been and will be those who choose to manage their real estate purchases and rentals themselves, the majority of those who go to the services of a real estate agency.

A primary example is Canada based real estate broker, Modern Solution Realty which specializes in digital practice of real estate, accelerated by the very best tools of technology. Modern Solution Realty has also allowed customers to pay staggeringly low commissions, a complete 2% for a full-service home-selling package and miminal commissions on selling homes.

Modern Solution Home-Selling Package includes the following features:

•        Full-Service MLS® System

•        FREE Home Staging Consultation

•        Professional photography, video clips

•        Walk-through Video Tour

•        Full-color brochures

•        Social media marketing on Facebook\Youtube\Instagram\Kijiji\ \Google\Twitter

•        Comprehensive Online presence

•        Advertised Open House

When it comes to selling their home, most people want a commercial real estate agent that they can not only trust but also get the highest possible price in the shortest time possible and with the fewest possible headaches during the process. 

  • Trust: Seller and buyer, benefit from the brand image and the trust that the real estate company has generated in the market. Technology allows transparency and more engaging content, which further fuels a party’s confidence.
  • Quality information: This means; you can have access to more content which can allow you to make up your mind. You can use videos, photos, and other forms of content that will help to have a clearer idea about real estate options. A very remarkable example is augmented reality and virtual reality, which is gradually taking place in the sector.
  • You are saving time: Because the real estate agent takes the steps of requesting the registry note, putting the two parties who will sign the contract in touch, contacting the president of the community of owners and the property administrator when necessary. This time saving also includes not having to file too much paperwork and making frequent visits. Documents can be provided and assessed online, and things can get going.
  • Financial advice: First regarding the price and then regarding the possibility of mortgages, rental assistance or expenses and charges attributable to the parties involved in the transaction. Determining the correct price is a decisive factor for a good sale, and in this area, as this economic crisis has taught us, the market commands a lot or almost everything. Knowledge of market prices is another main contribution of the real estate professional that will serve as guidance when setting the price, which the owner will always make.

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.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Robert DeFalco Realty Leads the Way with Strategic Expansion and Philanthropy

mm

Published

on

Robert DeFalco, the visionary founder and Owner/Operator of Robert DeFalco Realty, cemented his reputation as a huge force in the real estate industry. His firm, recognized as the #1 real estate company in Staten Island, embarked on a significant expansion this year, solidifying its status as a comprehensive hub for real estate services in New York and New Jersey.

Strategic Growth and New Partnerships

This growth involves not only a physical expansion, but also a strategic partnership with Think Mortgage, a prominent mortgage firm with a strong presence in Brooklyn and Staten Island. The collaboration aligns perfectly with DeFalco’s vision of providing seamless and integrated real estate transactions.

“We are creating a holistic experience,” stated DeFalco.

By partnering with Think Mortgage, Robert DeFalco Realty ensures clients can find their ideal home and secure the best possible mortgage rates, simplifying the process into a smooth journey from start to finish — all in one building.

Comprehensive Services Under One Roof

The firm moved to a new location in Brooklyn, occupying an entire corner block to house its operations. The expansion ensures that clients can access all necessary services under one roof, including real estate and mortgage services, in-house title services, legal expertise, and more. The move underscores DeFalco’s commitment to providing unparalleled convenience for clients.

“We are creating a synergy where all real estate needs are met promptly and professionally, right here,” added DeFalco.

A Legacy of Philanthropy

Beyond his professional achievements, DeFalco is renowned for his philanthropic efforts. He believes in the responsibility of businesses to give back to their communities. Under his leadership, Robert DeFalco Realty is a leading sponsor for the Making Strides Against Breast Cancer walk, raising substantial funds annually.

In 2019, the Emergency Children’s Help Organization honored DeFalco for his significant contributions, recognizing him with the Man of the Year Award. His dedication to philanthropy also earned him the Service and Dedication Award from the Juvenile Diabetes Research Foundation in 2022.

Community Engagement and Support

Robert DeFalco Realty’s commitment to philanthropy extends to various community events and local charities. The firm supports a wide range of organizations, including the American Cancer Society, City Harvest, Monmouth University, St. Peters High School, and many more. Their efforts make a substantial positive impact, with total donations surpassing $1,000,000.

Most recently, DeFalco attended and sponsored the ECHO Foundation, GRACE Foundation, and Tunnel to Towers events in various capacities.

Looking Forward

With its recent expansion and continued commitment to comprehensive real estate services, Robert DeFalco Realty reaffirms its position as the premier one-stop real estate shop in the northeastern region. The firm continues to uphold its foundational philosophy of treating people well, a mantra that has guided its operations since its inception in 1987 and continues to inspire its growth and innovation today.

About Robert DeFalco

Robert DeFalco Realty was founded in 1987 by Robert DeFalco, a real estate Broker/Owner who wanted to help families achieve their dream of homeownership. Through the philosophy ‘Treat People Well,’ Robert DeFalco has grown into a successful real estate agency led by a professional team of highly motivated real estate associates with experience in residential, commercial, and new real estate development. For more information, please visit https://www.defalcorealty.com/ 

Continue Reading

Trending