The majority of real estate selling and purchasing is done online nowadays, according to Nicholas Statman. Some of the methods employed by agents include social media advertising, email blasts, listing websites, and automatic advertising systems.
About Nicholas Statman
Property expert Nicholas Statman is a Real Estate Developer and Property Manager with over 20 years of experience in the sector. Get sound advice from a property expert with over 20 years of experience in Real Estate development, trading, brokering and management.
How Technology is Changing Real
Estate - Nick Statman
Created by: Nick Statman
Document Copyright 2023
https://nicholasstatman.co.uk/
is exciting but often feels overwhelming. To get your money's worth, targeted
revitalization is the key. However, you do not have a steep learning effect as
such
How Technology is Changing Real
Estate - Nick Statman
According to Nick Statman, it is already widely known that technology has
affected almost all industries, and the real estate market is no exception.
From advertising to selling, new applications are revolutionizing the ways
that agents carry out their duties and ways that consumers obtain appropriate
properties.
Document Copyright 2023
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
https://www.dailymotion.com/video/x8yvjz2
Virtual Home Tours
Another of the most exciting innovative technologies that have
happened in real estate is virtual home tours. As an extension by
Nick Statman, home buyers can now virtually tour listed properties by
simply using their computers or phones, foregoing the need to set
appointments to physically view a property. While some tours rely on
still picture images, others provide 3D video shots taken with drones
or cameras within the house. Virtual tours allow for more listings to
be toured in less time than it would take if one were physically
moving from one property to the other.
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
https://www.wattpad.com/stories/nicholasstatman
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
Smart Home Tech
It has become common to find almost everything in new homes
connected, especially through networks that buyers can control with
their phones, including lights, thermostats, locks, and appliances.
Integrated digital tools can also be a selling factor because young
people are more likely to purchase homes equipped with smart
technologies. The proposal also brings up possible maintenance
concerns at some point in the future. Real estate agents working in
this industry must be aware of the latest technology trends in smart
homes to assist sellers and buyers effectively.
Online Marketing
The majority of real estate selling and purchasing is done online
nowadays, according to Nicholas Statman. Some of the methods employed
by agents include social media advertising, email blasts, listing
websites, and automatic advertisig systems. Newspaper
advertisements, especially printed ones, are no longer as effective
Big Data Analytics
Mortgage brokers and estate agents leverage analytical techniques
in similar ways by employing data from past sales, demographics,
preferences of buyers, and a number of views of the listing. It
assists agents in setting the right home prices for a house and
directing potential buyers to the correct listings. Big data is a
great benefit for agents and brokers because is provides
information to make more effective choices.
eSignature Technology
Essentially, real estate transactions involve the sale of
properties, and properties require contracts and other papers to
be signed eSignature technology makes closing such transactions
easier since all the parties can sign the contracts and other
papers electronically. Certain states have even legislated for
the use of remote online notarization when dealing with deeds.
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
https://statmannicholas.wordpress.com/
Conclusion
The advancement in technology has brought great impacts on the real estate
market, which favors both the buyers and the agents, according to Nick
Statman. Features such as virtual tours, smart home technology, marketing, and
analysis tools, as well as electronic digital signatures for closing deals,
make the process of looking for a property or home and the eventual purchase a
lot easier. In an attempt to help the agents become more efficient in
marketing the listings, it is evident that they need to incorporate the
available technologies in marketing the homes to the available literate
buyers.
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
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Document Copyright 2023
Estate - Nick Statman
Created by: Nick Statman
Document Copyright 2023
https://nicholasstatman.co.uk/
is exciting but often feels overwhelming. To get your money's worth, targeted
revitalization is the key. However, you do not have a steep learning effect as
such
How Technology is Changing Real
Estate - Nick Statman
According to Nick Statman, it is already widely known that technology has
affected almost all industries, and the real estate market is no exception.
From advertising to selling, new applications are revolutionizing the ways
that agents carry out their duties and ways that consumers obtain appropriate
properties.
Document Copyright 2023
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
https://www.dailymotion.com/video/x8yvjz2
Virtual Home Tours
Another of the most exciting innovative technologies that have
happened in real estate is virtual home tours. As an extension by
Nick Statman, home buyers can now virtually tour listed properties by
simply using their computers or phones, foregoing the need to set
appointments to physically view a property. While some tours rely on
still picture images, others provide 3D video shots taken with drones
or cameras within the house. Virtual tours allow for more listings to
be toured in less time than it would take if one were physically
moving from one property to the other.
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
https://www.wattpad.com/stories/nicholasstatman
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
Smart Home Tech
It has become common to find almost everything in new homes
connected, especially through networks that buyers can control with
their phones, including lights, thermostats, locks, and appliances.
Integrated digital tools can also be a selling factor because young
people are more likely to purchase homes equipped with smart
technologies. The proposal also brings up possible maintenance
concerns at some point in the future. Real estate agents working in
this industry must be aware of the latest technology trends in smart
homes to assist sellers and buyers effectively.
Online Marketing
The majority of real estate selling and purchasing is done online
nowadays, according to Nicholas Statman. Some of the methods employed
by agents include social media advertising, email blasts, listing
websites, and automatic advertisig systems. Newspaper
advertisements, especially printed ones, are no longer as effective
Big Data Analytics
Mortgage brokers and estate agents leverage analytical techniques
in similar ways by employing data from past sales, demographics,
preferences of buyers, and a number of views of the listing. It
assists agents in setting the right home prices for a house and
directing potential buyers to the correct listings. Big data is a
great benefit for agents and brokers because is provides
information to make more effective choices.
eSignature Technology
Essentially, real estate transactions involve the sale of
properties, and properties require contracts and other papers to
be signed eSignature technology makes closing such transactions
easier since all the parties can sign the contracts and other
papers electronically. Certain states have even legislated for
the use of remote online notarization when dealing with deeds.
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
https://statmannicholas.wordpress.com/
Conclusion
The advancement in technology has brought great impacts on the real estate
market, which favors both the buyers and the agents, according to Nick
Statman. Features such as virtual tours, smart home technology, marketing, and
analysis tools, as well as electronic digital signatures for closing deals,
make the process of looking for a property or home and the eventual purchase a
lot easier. In an attempt to help the agents become more efficient in
marketing the listings, it is evident that they need to incorporate the
available technologies in marketing the homes to the available literate
buyers.
Document Copyright 2023
How Technology is Changing Real
Estate - Nick Statman
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https://medium.com/@statmannicholas
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https://www.youtube.com/@statmannicholas
https://nicholasstatman.co.uk/
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https://twitter.com/statmannicholas
https://medium.com/@statmannicholas
https://www.instagram.com/statmannicholas/
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https://www.youtube.com/@statmannicholas
https://nicholasstatman.co.uk/
Document Copyright 2023