A follow up to reason 3 why there isn't an Amazon for real estate - will the global pandemic accelerate the use of technology (as seen in other markets) in real estate ? If yes, can you give me examples of such scenarios which are being worked out as we speak ?
Interesting to know that some of both examples, which are already digitalized in other markets, are happening now in real estate. I did notice that the housing community I live in disabled the option of cheque payments since the onset of covid.
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A follow up to reason 3 why there isn't an Amazon for real estate - will the global pandemic accelerate the use of technology (as seen in other markets) in real estate ? If yes, can you give me examples of such scenarios which are being worked out as we speak ?
Already seeing signs of accelerated technology adoption.
2 immediate examples -
1) Developers and rental operators are using e-signatures for signing contracts
2) Rental operators completely shifting to digital collection of rents (Vs cash or cheques earlier)
In general, we are seeing increased focus on technology by businesses as CUSTOMERS are not willing to engage with offline processes!
Interesting to know that some of both examples, which are already digitalized in other markets, are happening now in real estate. I did notice that the housing community I live in disabled the option of cheque payments since the onset of covid.
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As a result, Digital Utilization has carried out recognition as a grasp 2022 pinnacle internet advertising organization, inc. 500 member, a finalist for search engine optimization company of the 12 months via the Landy awards, and decided on as a top organization SEO employer five years running (2017-2022).
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I think both Housemonk and findbhk.com were out of property management solution , nestaway is the only player in that segment. Housemonk moved to software solution and findbhk.com is working on a transaction model for builders.