Real Estate Technologies by Tim Archibald, Christchurch

The year 2022 is in its middle stages. With it comes many developments. Especially on the real estate side. Driven by the health crisis. As Tim Archibald, Christchurch explains. At the top of the list. Is the digitization of a very large number of services. But that’s not all. Real estate and new technologies have been closely linked for several years. A trend that has accelerated considerably in recent months. Blockchain, artificial intelligence, and real estate. A detour to Proptech. We tell you everything about the past year and the promising trends to watch.

Effect Of Digitalization On Real Estate.

The biggest lesson for real estate is the mandatory transition to digitalization. To the dematerialization of the services offered throughout the sphere. From internal, external, work tools, and communication media. To the follow-up, personalized support. The whole sector has reinvented itself. It had to make itself available remotely to be able to ensure continuity. It was necessary at first. But now it is the better choice. Now that all the doors are open. Digitalization is well anchored. Even if it can still improve processes and applications.

The real estate players who had not taken the plunge before the first confinement. Had done so between the two confinements or during the second. Among the avenues for improvement to be studied soon. Dematerialized work supports a real saving of time. Efficiency for real estate professionals. Software is accessible on smartphones. Physical documents that are non-existent or almost non-existent. Meetings are optimized so that neither the professional nor the client wastes time. Not to mention paper communication media are very largely supplemented, Writings online and on social networks. A good point for effective communication and increased visibility. But also for the planet. Less paper was created as a result.

Dematerialization VS distance in real estate processes.

According to Tim Archibald, Christchurch. We have underlined the importance of setting up support. Possibly conducted remotely. To facilitate the work of professionals. And to avoid wasting time. Many are now those who are ready to go beyond the physical meeting. But not without being taken care of. Dematerialization makes it possible to sign contracts remotely. To carry out the stages of financing via electronic signature. But distance takes on another dimension.

Real Estate is a profession that is largely governed by human contact. Having effective remote processes. Therefore, calls for recreating this human experience. Without a physical interview. The real estate players must be able to convey the same impressions to their clients. Whether the meeting takes place in an office or by video. 

This virtual experience is now acclaimed by a large number of customers. They wish to limit travel and save time. Who are cautious, due to the health crisis. There is a real ​​comfort behind the possibility of not moving around. For professionals, this new mode of operation calls for some adaptations. In both tools and attitudes. They can then offer to make an appointment online. To ensure the interview by video or in the office. To set up virtual visit tools to accompany the client’s discovery of goods. For example, and then to offer remote signature solutions without paper printing.

What Is Dematerialization?

Dematerialization is the process of replacing physical documents with electronic ones. It has the goal of reducing the amount of physical paper used.  Dematerialization is part of the global transition. It aims for no papers in offices and homes. It is more than just mail addressed to a P.O. box or an email inbox.

Its effect on real estate has been gradual and observable. It involves a shift in the way real estate is perceived and communicated. In other words, businesses can now be closer and more accessible to their patrons. Thereby creating a new era of democratization.

Conclusion

Technology has allowed real estate to become more efficient. The internet makes it easy to conduct business. It also helps agents keep track of clients. Gather information, and share data across. Thus, we are witnessing the emergence of remote General Meetings in condominiums. But also the possibility of reporting. And then monitoring an incident from a smartphone. 

In conclusion, Tim Archibald, Christchurch states that. Technology has allowed real estate to become more efficient. The internet makes it easy to conduct business. It also helps agents keep track of clients. Gather information, and share data across. This ability to reach agents and help them be more efficient. And will only improve the real estate industry in the long run.