Business, Technology, Web

The Future of Real Estate Tech

Venture investors have put more than $5 billion in real estate technology in 2017, over 15 times the $33 million invested seven...

Real Estate Tech

Venture investors have put more than $5 billion in real estate technology in 2017, over 15 times the $33 million invested seven years earlier. While it once seemed virtually ignored by the venture industry, real estate tech has risen to the forefront, producing two of the three most valuable startups in the U.S. in recent years, Airbnb and WeWork.

Technology Will Change the Way Buyers Search for That Perfect Home

While the real estate industry is using technology that can help buyers find the home they want, it’s about to go way beyond that thanks to artificial intelligence. Bots working in the background will determine whether someone is looking at selling or buying and then combine that knowledge with their other web browsing habits, directing them toward better property options among the houses in Austin, Texas, or any other city that person may not have thought about searching for the direction.

Bots Will Be Able to Match Buyers to the Best Real Estate Agents and Financing Solutions

Using one’s location, social media information, and other preferences, revealed through online searches, bots will be able to connect prospective home buyers to the best possible agents, in terms of the specific area, whether it’s a neighborhood or town, as well as style and experience. That will make it easier for buyers to find someone they can trust, creating a shortlist of the agents who are the best match, and then the individuals can delve deeper into the agents’ credentials online.

Lenders can also use online data to help a home buyer get the best deal on a mortgage loan by being able to view key data points that the buyer has already approved, like employment status.

Sellers May Be Able to Get Potential Issues Corrected Quicker to Sell Their Homes Faster

When a real estate agent meets with the seller for the first time, that agent creates a list of issues with the property that are likely to negatively affect the home’s sales price. The future of real estate tech will soon bring the option to transform the list into an official document so that the agent can manage the process of obtaining bids from various contractors who will complete the necessary work before the house goes on the market.

If the seller’s budget doesn’t allow for certain repairs, that information can be made available to potential buyers so that they’ll know exactly what will be needed to correct any of the property’s perceived faults. That also tells buyers that the seller is transparent, which can make the property more desirable.

A Safe and Secure Online Settlement Room

Once the home has been sold to the highest, more most desirable bidder, the agent will be able to invite the seller, buyer, and lawyers for both parties as well as the lender into a safe and secure online settlement room. This is where contracts can be shared and allow deposits, settlements, and digital signatures to be collected. All parties will receive alerts as the transaction moves through each stage as well as clearly outlining all the responsibilities of each person.


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Written by Robin Khokhar
Robin Khokhar is an SEO specialist who mostly writes on SEO. Thus sharing tips and tricks related to SEO, WordPress, blogging, and digital marketing, and related topics.

34 Replies to “The Future of Real Estate Tech”

  1. I read your article it’s fabulous. Some of my friends and relatives are really searching for this information. So I’m sharing these articles with them. So they too get the benefit. Thanks for sharing this article. Keep on sharing this kind of article. Keep us more updated.

  2. An awesome article looking ahead read a more informative article like this. These articles are super helpful and informative as they are on the recent trends in real estate.

  3. The superb article is very much helpful and informative. Looking ahead to read more articles like this.

  4. Thanks for sharing great content. Keep doing the good work!
    A perfect unique content, it is a true quality post with the proper information.
    Really I found this article easy to understand and is very helpful.

  5. Thank you for sharing this wonderful article. I gained lots of knowledge in this article. Keep on sharing this article and keep motivating. I was searching for this kind of information for a long time. Fortunately, I got this article. Though I found a lot of articles related to this, I couldn’t get the information that I gained in this article. Thanks for sharing this article.

  6. Hi Robin, Land tech organizations are currently loaded up with organizations handling bigger issues. This part is perhaps the biggest driver of GDP all around and this has been comprehensively undisrupted by innovation. Your examination of venture drifts in the land tech space is great to see. thanks for sharing this blog

  7. I just noted all your tips! I am pleased to read the entirety of the post as mentioned above in detail. By the way, I appreciate your writing. Thank you so much and keep posting things like this.

  8. Nowadays, technology stands out. I think technology is improving the market sector in particular in the real state in every way today. The technology helps to accomplish the quickest purchase, sale, and gain that has contributed a huge revenue to every shareholder.

  9. AIl with real estate will help agents as well and buyer, It will very beneficial for both. Thanks for sharing this informative article.

  10. Hi, this blog is really beneficial and informative …
    And if i talk about technology ..yeah it is the source which meets us with our goal …we are able to make plane and execute it in a very well way by using multiple techniques.

  11. Technology grow in each & every industry and now days it is also easy for everyone to find their new house through company website or web. and Artificial Intelligence is play very important role for this new technology. Thank you for sharing this blog or post.

  12. Technology rises in each industry and nowadays it is so easy for everyone to find their new house through the web. Recently I bought a home in Cypress, TX for that I consult one of the best land specialist who got me my dream house. I agree that sellers can sell their house quickly because of technology. Thank you!

  13. Informative!
    You have good writing style, I am also excited regarding the future of real estate market, especially when, as you said that bots will be able to match buyers to the best real estate agents. Keep on sharing such posts.

  14. Decent Blog. I am very inspired with your composition abilities on wellbeing subject. A debt of gratitude is in order for sharing such an educational post and I truly enjoyed it.

  15. Great read! Another technology that real estate can use today is virtual reality as more and more clients, prospects, and consumers tend to use the internet to search for real estate properties. Nonetheless, thank you for sharing this! Very informative!

  16. Agents either possess intimate knowledge or they know where to find the industry buzz about your neighborhood.

  17. Real estate tech companies are now filled with companies tackling larger problems. This sector is one of the largest drivers of GDP globally and this has been broadly undisrupted by technology. Your analysis of investment trends in the real estate tech space is really good to see.

  18. There are indeed many changes that will happen in the real estate industry and I look forward to seeing real estate evolve with AI. Great info thanks for sharing!

  19. Hi Robin,

    Technology is taking over most of the aspects of our lives. We socialize, bank, shop, search everything using technology. It is just a matter of time that Real estate business houses tap this potential and try to reach out to more potential buyers.

    Thanks for sharing, have a good day. 🙂

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