New Age Technology Impact on Real Estate
The Reality of Real Estate The real estate market has been on a roller coaster ride in recent years, with few highs and many lows. However, it has become the hardest damaged sector. Property buyers in the area have confidence concerns with developers due to delayed timelines, credit liabilities, and approval issues. On the plus side, with the implementation of the Real Estate Regulatory laws, this sector will experience a considerable boost and greater transparency between developers and customers. On the other hand, technology is fast changing the way businesses are done across industries. The real estate market will not be immune to the winds of change that will shape the industry . The few technologies to be considered are: Virtual and Mixed Reality are two of the technologies to consider. Virtual Reality has progressed far beyond the realm of games. Virtual and Mixed Reality will become increasingly important in the home-buying process. Wit...