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Mobile App Development Solutions: Empowering the Real Estate Industry : the real estate industry still lags behind other industries in terms of innovation, related to adopting and advancing technology. There is a tremendous opportunity for tech innovators to enter the market and transform everything ranging from how a transaction is done to how critical information is accessed.
2. 2Title of Ebook
In the past few years, demand for real estate investment and
supporting infrastructure has increased exponentially. In emerging
economies, heavy migration to the cities and growing middle class
population are creating a frantic need for more urban real estate. On
the other hand, in advanced countries, the cities are also growing at a
consistent pace.
However, the real estate industry still lags behind other industries in
terms of innovation, related to adopting and advancing technology.
There is a tremendous opportunity for tech innovators to enter the
market and transform everything ranging from how a transaction is
done to how critical information is accessed.
Real estate agencies that will adapt to the technological innovation will
survive. The changing scenario and evolving consumer needs will
require new approaches towards real estate. Companies need to
respond to the shifting conditions and seize new opportunities.
Property managers are looking to collaborate with vendors, banks,
tenants & buyers, and real estate managers are looking to facilitate the
buying and selling process. Also, managing leads is on top of the list.
Companies today need a single solution that empowers stakeholders.
Additionally, companies also realize the need for technology solutions
that significantly improves the level of interaction with customers, while
at the same time increases productivity and reduces operational costs.
Real Estate Mobile App Development — A New Way Forward?
3. 3Title of Ebook
Mobile App Development Solutions: Empowering the Real
Estate Industry
Real Estate Mobile apps can help agents and property managers
to connect with customers on the go, as well as effective management
of leads. From cloud computing to social networks, clients want real
estate agents to make optimum use of technology. Mobile apps enable
advanced features such as social sharing and document management
which result in improved efficiency.
Real estate professionals are always on the move. Brokers,
agents, landlords, and developers are visiting properties with clients.
Apps allow agents and managers to view and showcase the property
on their smart devices, as well as provide easy access to data such as
space details, appointments, reports and other inputs required for
capturing and tracking lead status.
Adopting more advanced technology is rapidly becoming an
imperative. Enterprise level organization needs to have a streamlined
big data strategy along with advanced analytics that provides insights
for strategic planning and decision making.
On the other hand, companies at a relatively nascent level of
adoption need to understand the value proposition of each of these
technologies.
● Analyze and align technology needs with that of the tenants.
●Assess value proposition of new technologies.
●Narrow down on the required systems, keeping scalability and
responsiveness in mind.
Real Estate Mobile App Development — A New Way Forward?
4. 4Title of Ebook
Real estate companies need to be updated of new advancements in
technology and ramp up adoption on a regular basis.
Here are few ways businesses can leverage technology to generate
optimum results and make business more interactive, responsive and
transformative:
Location-based Applications: Provide users turn-by-turn directions to
open houses and home showings. Real estate apps can collect data
and suggest listing in a given neighborhood.
Voice Recognition Software: Great tool to walk a client through home
with phone. The phone’s GPS knows exact location of client and
provides access to the square footage or testimonials from the
homeowner.
Property Management: This area seems to generate lots of
opportunity for growth. Several companies are competing in this
category to offer technology solutions that helps property owners and
management companies oversee and easily track commercial real
estate assets.
Research and Analytics: Gone are the primitive days when
commercial real estate developers with teams of analysts would gather
demographic research to decide the merits of an investment
opportunity. This pool of information is available via SaaS licenses.
Listing Services: Opportunity for tech-enabled commercial listing
services that could replace the less efficient relationship-driven model.
Real Estate Mobile App Development — A New Way Forward?
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Cloud: The ability to store data in cloud-based apps is helping agents
keep track of clients, notes and files, like contracts and disclosures.
Finally
The sheer magnitude of the real estate industry is a cornerstone of
technical innovation and mobility. But to continue this journey of
progression, increased investment and innovation in technology is
paramount. Are you ready to take the leap?
Above article was brought to you by Hidden Brains — Top Real
Estate Mobile App Development Company
Hidden Brains
Skype: hiddenbrains
Hangouts: biz@hiddenbrains.com
+1 323-908-3492
www.hiddenbrains.com
Real Estate Mobile App Development — A New Way Forward?