How has Technology changed the face of Real Estate

The importance of technology in our daily life is undeniable. We all agree to this fact that the dynamic world today is meaningless without technology.

Technology has always impacted big industries like financial services, transportation, healthcare, retail sector and many more, the same way it has affected the real estate sector in a profound way. Right from searching a home online to booking it, technology has covered a long way to ease consumer’s life. Due to technological progression, people have now become savvy and have easy access to a plethora of information.

Through technology, new opportunities are knocking the door

Technological prosperity has brought the world to a different level and the picture is completely different from the past decades where it used to be difficult for sellers to connect with buyers.

Easy search methods: Google search has made it easy to obtain any information in a mouse click. Real estate companies now have their website and apps where the customers can preview information that they need. Technological development has broken the barrier of even geographic hindrance where NRI customers can also book and finalize homes from any part of the country. In fact because of booming technology it is easier for a customer to seek advice from professionals in case of any doubt.

Online payment option: With online payment option buying and selling of homes have become a lot easier than before. While previously customers had to visit personally and a particular date was set to make payments. Now, due to easy bank transfer and several other methods of making payments it has become easy to make instant payment.

Chatbots: marketing and sales performance has been enhanced via chatbots. Chatbots serve as a point of interaction between company and customer because they handle direct questions and helps customer to answer their queries.

Social media: Every information is just a click away! Social media proffer every single detail that is helpful from a customer point of view.

Home automation: With technology making our lives simpler and easier smart homes have become the base for a secure lifestyle. It is the technology that has brought home automation into the picture. Every day we hear about new home automation to make our home secure and technologically advanced. Home automation covers a wide range of functionalities, For example, turning lights automatically, accessing the door with biometrics, Wi-Fi smart lock, remote lock etc. while you are away, it’s amazing to think what home automation can do and how can it make your life easier. This feature not only reduces the complexity of managing your home but also offers a personalized feel of living. The beauty of this feature is that it brings the whole system of your home over tips of your finger, and you do not have to worry because the sensors can take self-decision.

Why is home automation important?

• It is convenient
• It is comfortable
• It saves time

Let us know about some trendy devices that is the best example of home automation:

Brilliant Control: This device is a unique wall switch that uses Wi-Fi to connect and control with various devices in your home. The color touch screen and a user-friendly button that lets you play music, control lightning, set temperatures and many more. It’s priced fairly but is a smart option for a high-tech home.

Logitech Harmony Elite: It is the ultimate universal remote controller. It controls a lot more than TV and stereo.
Smart home surveillance camera: A home security device incorporated with every advanced feature that allows a camera to follow a person around the room.
Nest Learning Thermostat: Integrated with a Wi-Fi that helps you control the temperature from phone, tablet or your system.

Smart heating and cooling: An inclusion of remote sensor that helps to reduce hot and cold spots in different rooms.
From subtle evolution in technology to technology bringing revolution in today’s world has been an integral part of our lives. When you look at technology, you will realize how it has changed our way of living making life easy for us. Apart from every other industry, technology has a massive effect on real-estate professionals who embrace this change with time.

With technology changing the face of real estate artificial intelligence is revolutionizing this business. It is predicted that Artificial intelligence will be able to take over the market perfectly. Firstly it used to be a monologue platform but due to evolution in technology, it has now become a dialogue online platform. Due to this upgradation in technology, it is predicted that the overall business sector be it a real estate or any other is going to flourish.