By: Jaymar BustamanteThe existence of technology changed all aspects of our lives. Furthermore, the digital world also shifted the way we interact. The real estate industry is not exempted from these changes. With these rapid advancements in technology, predicting its impact on the property market is tricky.
The real estate industry has had some ups and downs over the past decade. Over the years, developers have relied heavily upon giving flyers and saturating to different areas to reach their prospective clients. This method poses obvious limitations, considering the events of the year. Now more than ever, there is a need to adapt and maximize the power of technology to stay competitive. These days, the real estate market is becoming a fast-paced environment, where you have to learn skills like online marketing to come close with your rivals. While most aspects of our lives are uncertain, here are the top two trends that are taking over and are projected to remain in the upcoming years: Virtual Tours The use of augmented reality (AR) tours with agents interacting with potential clients is expected to be a trend in the future. This gives less hassle on the part of both parties by allowing them to view properties without physically visiting them. The use of this technology adds to the aggressiveness of buyers to acquire long-distance and never-been-seen-before properties. House-and-lot developers, in particular, have ventured out into creating interactive versions of their developments for clients to conveniently explore. Social Media Channels With developers making efforts to digitize processes, agents are also expected to improve their skills to complement these advances. They now have their digital niche in social networking sites. It is advantageous for developers and agents alike to invest in social media channels where they get real-time updates on the latest trends and market interests. In the future, the real estate industry will most likely depend on technological developments. With its current pace, technological advancements will heavily influence the way the real estate agents and homeowners navigate the home selling and buying process. As early as now, all developers should be technologically ready to keep on track with their competitors. Want to know more about the new way of real estate? Visit www.camella.com.ph or follow @CamellaOfficial on Facebook and Instagram. You may also contact 0917 563 9617 for more information.
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