Top Technology Trends in Real Estate Market 2022

The real estate market seeks to embrace the latest technology as data grows exponentially. It is very difficult to manually process all this data as it is time consuming and ineffective. That is why this collected data is analyzed through an artificial intelligence algorithm to be converted into valuable advice, as artificial intelligence has become, with the great momentum it has gained, an integral part of the real estate business and the preoccupation issue in the discussions of thought leaders and business personalities.

Looking for a home is not easy and comfortable, but rather stressful for many; with Thom & Gery Real Estate allows its users to organize their search for a home in an appropriate mechanism that shows the results which are  more suitable for their personal aspirations and their own standards for the home. It filters the search results according to the standards chosen by the visitor such as price, location, number of rooms, space, number of desired floors, preferred colors, building materials, etc.

This AI algorithm identifies the user’s preferred standards based on the most personal data extracted, displays the most relevant results at the top of search results, and makes recommendations about other property listings.

There is now the AI Sales and Customer Relationship Management Program that would help real estate companies better understand and divide different customer profiles and recommend them for personal characteristics. All this can significantly enhance the overall customer experience and lead to more purchases.

In a related context, Thom & Gery use artificial intelligence chatbots to be in touch with customers all the time and answer their questions accurately, clearly and quickly.

Many real estate players have begun to use augmented reality and virtual reality technology that makes the experience of potential customers very immersive and allows them to convert into customers in a fast and convenient way, as potential customers can now take virtual tours of various properties from anywhere in the world at any time.

AI also helps find properties that are expected to be sold where they can later communicate with their owners, and have a higher probability of buying them, by analyzing data that define the date of buying and selling those properties as well as the owners of those properties.

Data analytics and 3D modeling services

Real estate companies are seeking to adopt another growing technological trend in the real estate market; Big Data Analytics, to identify appropriate standards that meet the exact needs and requirements of their customers who want a property that is close to their offices or their children’s school, while for others, they may prefer a property adjacent to nature, etc.

Thus, real estate companies began to offer their advertising and display attractive signs using 3D imaging technology to display real estate properties with their infrastructure in full dimensions to create a perfect and attractive image of the property.

This technology has proven to be a powerful boost to real estate sales.

Many real estate companies use cloud-based CRM platforms not only to track all their customers but also to ensure that all documents are stored securely, as they are easily accessible.

Each property has a number of documents and proofs of ownership papers that real estate agent, owners, and renters have to take care of.

Block chain

Block chain-based real estate contracts that make entire real estate sales transactions more secure and transparent are becoming increasingly popular day by day, especially among young buyers.

Internet of Things

These days, rapid access to information and comfort is a top priority for us as we are constantly looking for the best and best ways to achieve this. Artificial intelligence is used in building and operating automation, via IoT technologies, such as smart buildings and cities.

Many are excited to live in smart homes, where IoT makes things easier for us and gradually enters our lives, for example, speech and voice recognition sensors allow homeowners to control various smart devices from anywhere.

Now it is possible to control the temperature of your air conditioner from anywhere by using the smartphone app.

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