Considering adding a digital directory to your building lobby? Digital directories are a great investment–they'll enable you to display property rental and listing information and communicate important announcements and information with building visitors through a medium that 76% of respondents to a Neilsen survey said has higher message recall than online ads.
Technology is rapidly changing the built environment. From step one, with buildings that can be printed, to retrofitting existing spaces with smart technology that improves security and efficiency. Staying on top of emerging practices challenges the real estate industry’s hard-working professionals.
The modern technological age has revolutionized the Real Estate industry by providing nearly unlimited information to home buyers. 20 years ago, a prospective home buyer would have spent the majority of their time with a real estate agent going through information that is now readily available on the Internet.
Silicon Valley is not the exclusive hot spot for tech incubators. The Valley’s increasingly expensive cost of living, for employees and startups, is spurring innovators to seek alternative locations. New technology centers in more affordable regions of the United States bring economic prosperity to these regions.
Every now and then something makes you go, “duh! Why hasn't someone thought of this before?” That's the initial reaction when someone discovers 4URSPACE, an online marketplace connecting retailers or project managers with the right vendors for all of their projects.
House flipping is all the rage. Television networks are flooded with shows that flaunt home renovation, real estate, and the exciting world of flipping homes on a dime. It seems so simple-- buy a rundown residence, knock down a few walls, break out a hammer and nails, and voila!
Real estate technology funding is on track to reach another high. In the first quarter of this year, emerging tech companies closed 61 deals and received $733 million in funding.
Remember how cool the TI-82 graphic calculators were back in the day? Punching in data to create circles and parabolas was the height of calculation. Now computers sort millions of parameters and spit out results in seconds. Known as big data, the ability to sort through data sets to find trends and patterns is transforming how multiple industries conduct business. Commercial real estate is no exception.
Who hasn’t typed an address into Google Street View and skimmed through the images to get a feel for a particular area? For years, Street View has been just that: a street view. Over time updates to technology made the zoom function more powerful, but viewers were still limited to exterior shots of locations.
Looking for the next generation of financial and real estate investment services? Check out InstaLend. The online marketplace connects qualified individuals to borrowers seeking short-term real estate investments with ease and transparency.
Founded in 2013 by Roy Abrams, a 25-year veteran of the real estate and technology industries, Roy set out to create the leading platform where commercial real estate professionals could network, prospect and connect to expedite transactions. RealConnex currently has a community of 72,000 developers, sponsors, capital sources, service providers and owners and expects to reach the 100,000 member mark in late 2017.
City planning is complicated. With varied zoning restrictions and lengthy approval processes, moving a development through government channels can be a major headache in the real estate development and architectural world. Miami-based startup Gridics is trying to change that with its Zonar.City app.
Real estate technology competes against other industries for venture capital and investment dollars. Now a new partnership has developed with the intention to focus on real estate tech startups. Fifth Wall Ventures has raised $212 million in funding to invest in startup technologies that transform how people interact with their physical environment and real estate.
Seven organizations made the cut for the 2017 REach® accelerator class by Second Century Ventures, an early-stage technology fund backed by the National Association of Realtors. The selected businesses range from those in early-stage funding to those further along in the funding process with the financial investment from renowned investors.
Smart tech impacts consumers everyday lives, but that reach usually stopped at motion sensor lighting and smartphone voice commands. The popular Alexa and Amazon Echo voice assistants, smart thermostats, and modern security systems are popularizing smart tech. Look back at the CES 2017 and new smart gadgets for the home won the show. Multifamily owners, investors, and managers in competitive markets adopt smart tech features to attract and retain tenants.
Now that real estate technology and software innovation is catching up with the modern business era, we are poised to see the next wave of service providers. Specialization in a particular product area helps launch successful companies, but there comes a point in time where real estate professionals want a single access point to handle the workflow. Password fatigue exists for a reason.
Buildout is a web application for marketing commercial real estate. It produces and publishes custom materials and streamlines the entire property listing process. They’ve worked with companies across the country to develop an easy-to-use tool that will showcase your brand, save time, and grow your business.
RealNex is a commercial real estate technology company focused on providing better data management, analytic, and marketing tools to enhance productivity. The RealNex Suite features three principle components that, when combined, take CRE professionals through an entire deal cycle: CORE CRM, MarketEdge and MarketPlace.