Did you know 90% of America's rental stock was built before 1999, according to a 2011 Harvard University housing study? That’s before the iPhone, Blackberry, cellphones, even PCs. Most people received TV via antenna! Yet now people expect all the conveniences of modern life: high-speed internet, mobile pay, push notifications, and more.
Yep, it’s happening. Appraisers -- professionals trained to determine the market value of property or land -- are going the way of Blockbuster and the office cubicle. Thank big data -- you can’t blame the Millennials on this one.
Finding and onboarding new tenants is a huge headache. The process devours time: answering the prospect queries, coordinating showing appointments, and driving to-and-from the property. And after all that work, half of the potential tenants won't show up for their appointment!
Multifamily property owners and investors might be wondering how they can adapt the latest technology into their units to lure tenants. Early studies show smart home technology is a big win for attracting tenants and setting premium rents, but property managers and owners are concerned about installment and management.
Did walking into a building ever bring you to a halt as you gaped at the scope of the space? We had that feeling the first time walking into a train station in Japan. It’s easy to feel like a tiny ant when walking into these massive structures.
At Real Estate Tech News, we love learning the inspiration behind novel ideas disrupting the commercial real estate industry. 4URSPACE is one of those ideas revolutionizing how project managers and vendors connect. There’s excellent work being done in the retail industry to create enhanced customer experiences through store design.
Usually, it’s tech that causes a retail industry disruption, but in this case, it’s nature. Hurricane Harvey was the biggest storm to slam Texas in 50 years. In addition to its human toll, it’s five days of rain and ensuing floods affected businesses as well as roads, ports and railways.
The real estate industry, and every industry at that, is facing a forced evolution due to new and more innovative technological tools that benefit tenants and owners alike. This new age calls for a swift revamp in the ways developers, owners, operators, and tenants function and communicate.
Real estate agents and brokers: what if you could generate more buyer interest and boost inbound seller leads, all while saving on your per-listing marketing expenses? With the introduction of Matterport’s all-in-one property marketing system, agents are doing just that.
Tech startup Truss recently closed a $7.7 million Series A round led by Navitas Capital, bringing its total capital raised to $9 million. The commercial real estate platform makes the office search process more efficient for businesses needing space less than 10,000 square feet.
A few years ago, when Amitree launched its original product, it certainly seemed like a tool that would take a lot of pain out of the closing process for home buyers. The product, Closing Time, served as a virtual checklist for buyers to use as they were immersed in the process, which everyone who’s ever bought a home knows can seem like a second job.
Last month, crowdfunding giant RealtyShares bought smaller rival Acquire Real Estate. This news was a significant in the multibillion-dollar sector, which is not even five years old. It begged the question as to whether this deal was a product of synergies between two platforms or a case of a larger player protecting its turf by taking a smaller rival off the board?
As a master planner, Robert Moses, once viewed as one of America's most powerful people, got a few things wrong. Arguably his biggest miscalculation was his idea that building more highways would eliminate traffic congestion.
Like many other industries, real estate professionals are challenged to secure their data from being compromised and fraud. Recognizing the need for stronger cyber security protocols, CoreLogic® recently announced the acquisition of Clareity Security Solutions® in a bid to better serve its customers.
Moving is such a hassle. Before you even pack the first box, there’s the rigmarole of finding a new place to live. That process in and of itself is time-consuming. You want to find a cozy apartment in a safe neighborhood, close to amenities, with good neighbors.
Ten-X, an online real estate transaction marketplace, will close a majority recapitalization deal with Thomas H. Lee Partners (THL) for a controlling stake in the company.
Comfy delivers on-demand comfort exactly where and when you need it. By connecting employees directly to existing building systems, Comfy allows anyone to create the environment they need to do their best work.
If you've been paying attention, you've probably heard the term "blockchain" making its way around the conversation circuit over the past year or so. And for good reason. Blockchain is arguably the most significant technological development since the Ethernet.
Scale resources according to your dealflow – rather than the other way around. StealthForce.com has built an army of real estate investment professionals from analyst level through C-suite, and designed a platform which makes them available for project-based consulting, on-demand. Investors, developers, auditors, family offices and even CREtech startups leverage their network to hire conflict-free, experienced industry veterans for everything from building an excel model to building SOPs for asset management.
Will your next real estate agent come with free two-day shipping? Amazon surprised the world by acquiring grocer Whole Foods. Could the online retail giant spread into real estate be next? Maybe, according to what happened on July 11, Amazon's Prime day.