Real estate has always been one of the backbones of our country’s economy. But, due to this lockdown caused by pandemic COVID-19, this industry is also facing challenges like others in the market. As this industry is completely based on physical interactions and visitations, it is facing a great deal of loss.
But, there is a way through which real estate can tackle this loss up to a great extent and gain their productivity back. The only thing they have to do is to accept the modern technological offerings. Like other industries, technology can help the real estate too. But, you might be thinking about how it is possible when every operation in real estate shouts for physical involvement.
Well, that is what we are going to discuss in this blog. What you have to do is to go through the points given below.
Technology and the real estate industry
When we are talking about the enhancement of technology, how can we leave Artificial Intelligence or AI behind? The AI has the potential to open lots of new gateways of dealing. You can have an AI-powered robot whose temporary control can be provided to your clients for a virtual tour at the comfort of their homes. You can have an AI-powered app to let your clients virtually design and get information about the property. Also, it can provide answers to repetitive questions of people making your work easy. All these are just a small glimpse of the wide world AI can open for your business.
Virtual Reality and Augmented Reality:
These technologies have the potential to provide the “try before you buy” experience to people. People can have a real experience through the aerial footage captured with the help of a drone or human. 3D technology does the rest of the work by providing the real experience. This technology has the potential to provide the same experience to many people at the same time easing your work and saving time. The best thing is that your clients can have experience in the comfort and safety of their homes.
Blockchain and Virtual currency:
Along with the virtual payment methods, you can provide something more to your clients with the help of blockchain technology. Now, even the Reserve Bank of India (RBI) has accepted this technology as legal. So, your clients can buy the property by paying huge sums through this organized technology without worrying about cybertheft.
The above-discussed features are just a mere glimpse of the huge potential that these technologies hold. The best thing will be to contact an expert for further details. You must understand that these technologies are and will be the ‘new normal’ of the real estate.
You can contact Openweb Solutions as they have lots of expert developers and innovators providing such solutions. They are providing free consultations nowadays too.
Don’t waste this chance and grab the offer before it gets over.
Stay Home and Stay Safe!