Blog Real estate

I want to share with you my personal experience in the real estate industry . I am a project manager and over the past 7 years, my team and I have taken part in 3 large real estate projects. What I realized in 2021 that almost any type of business can be partially or completely automated (unfortunately or fortunately - but this process is already irreversible).

Real estate is a profitable industry that is, like many others, gradually moving into the digital world . These days you have to know about advanced technologies to stay updated with your clients’ needs and expectations

Everyone needs a home . Growing up, you no longer wish to live with your parents, or maybe you start a family of your own . In any case, people encounter the problem of searching for apartments and houses and choosing the best option for themselves

Managing a real estate business is a complex activity, which includes customer acquisition and providing support in time, following up on existing leads, and various sorts of marketing activities . No surprise that there is a high level of competition in this market

When it comes to selling or purchasing a house or apartment, people don’t call real estate agents anymore . For the last couple of decades, people choose to turn to real estate websites . And although there are dozens of them for each state in the US and for each country in Europe, it can still be beneficial for the new platforms to enter the market

Technology is changing the face of the real estate industry . Buyers no longer use local newspapers and property listing booklets to look for homes on the market . Now people opt for mobile devices to access information and keep in touch on the go

Today, people always address new technologies to find something for a living . Buyers look for new houses to live in or to make an investment . According to the National Association of Realtors, more than 50% of buyers found their homes online, while only 28% found them through an agent

The global property management market has grown considerably over the last decade . This is especially true for industries like real estate and hospitality . Analysts are sure it will reach $12.9 billion by 2025

In the contemporary world, real estate business means not only buying, selling, and renting homes and flats – it’s also associated with various operations involving commercial buildings, storage facilities, and other kinds of properties

Real estate management is often a pain in the neck — you have to maintain the property keeping it clean and presentable, deal with late rent payments, comply with laws and regulations, and also supervise your team

Property auctions have always been beneficial for sellers as they could quickly close a deal with the highest bid . These platforms are profitable for buyers as well — they can purchase a bank-owned property that previously belonged to loan borrowers

Building a real estate chatbot isn’t only about keeping up with the latest trends . First of all, it’s about reducing costs, increasing conversions, and improving customer experience . Hundreds of companies in the field do their best when it comes to the abovementioned goals