How Technology is Transforming Real Estate
Technology has been disruptive to the real estate sector for quite some time, offering new tech real estate solutions. Technology is changing the way we do business and is altering client behavior.
Increasingly, searching for homes is happening online and many companies are competing to create products which can optimize the process. Compass’ latest development Collections, is an interactive online home search tool. Imagine it as “the Pinterest of real estate.” Collections gives home buyers and agents the chance to choose and organize properties and discuss them. One of the coolest features is that you can receive automated updates about the price and status of the homes in real time.
Chatbots are a fantastic lead generation tool and among the best tech real estate solutions. They engage potential clients in the initial stages of communication. They are artificial intelligence tools that use conversational language to guide buyers. This smart technology enables realtors to communicate with more clients that it is humanly possible and save time. With the chatbots handling customer inquiries, you can convert a lot more of them in real appointments.
Real estate tech can be beneficial to the buyers too, arming them with useful tech real estate solutions that can help their home search to be more successful. An app developed by RealTelligence rates real estate on their possibility of success with a price bracket and a defined area. This helps buyers and sellers to make an informed decision when choosing their realtor.
Virtual tours of properties save time and cost for both buyers realtors. Buyers no longer need to find themselves in a situation where they walk in and find out the property is not what they are looking for. The virtual tours can be uploaded to a webpage with listings, and realtors can send the link to prospective buyers. A lot of virtual tour platforms go further than a video of the property. The experience is interactive and the movement determined by the user.