{"id":6954,"date":"2017-11-06T00:00:00","date_gmt":"2017-11-06T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/the-tech-tsunami-is-coming\/"},"modified":"2017-11-06T00:00:00","modified_gmt":"2017-11-06T00:00:00","slug":"the-tech-tsunami-is-coming","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/the-tech-tsunami-is-coming\/","title":{"rendered":"The Tech Tsunami Is Coming"},"content":{"rendered":"<p>\n<\/p>\n<div property=\"dc:description\" readability=\"71.393759286776\"><!--paging_filter--><\/p>\n<p>Technology-oriented attendees of the 2017 REALTOR\u00ae Conference &amp; Expo in Chicago this past week are bringing back a fair amount of homework. First on the list: Embrace the future of blockchains, artificial intelligence, and big data.<\/p>\n<table align=\"right\" border=\"0\" cellpadding=\"5\" cellspacing=\"5\" style=\"width:410px;\">\n<tbody readability=\"1.5\">\n<tr>\n<td><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"\" src=\"https:\/\/i0.wp.com\/realtormag.realtor.org\/sites\/realtormag.realtor.org\/files\/rmo_files\/images\/2017_nov\/DN_110617_conftech.jpg\" style=\"width: 400px; height: 600px;\"\/><\/td>\n<\/tr>\n<tr readability=\"3\">\n<td>Carrie Little challenges\u00a0agents and brokers\u00a0to go bigger when it comes to leveraging big data in their <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> business.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u201cReal <a href=\"https:\/\/amazingproperty.com.ng\/blog\/estate-agents-nearby\/\">estate agents<\/a> fear being replaced, and they will be. They\u2019ll be replaced by a <a href=\"https:\/\/amazingproperty.com.ng\/blog\/find-a-reliable-realtor\/\">real estate agent<\/a> with technology,\u201d said broker Carrie Little during her session on big data during the conference.<\/p>\n<p>Panelists highlighted the major real estate disrupters coming to the industry and showcased new tools to help real estate pros stay ahead of the curve. Here\u2019s an overview of some of the tech content coming out of this year\u2019s conference.<\/p>\n<p><strong>Real Estate\u2019s Tech \u2018Tsunami\u2019: Blockchain and AI<\/strong><\/p>\n<p>Blockchain is expected to make real estate transactions faster, less costly, and more fraud-proof. It could also usher in the era of the \u201csmart contract,\u201d an automated real estate agreement that makes digital transactions swifter and cheaper to manage. Also, learn how artificial intelligence, or machine learning, is going to change the way real estate professionals do business.<\/p>\n<p><strong>Add More \u2018Big Data\u2019 to Your Content<\/strong><\/p>\n<p>Data can help you craft more relevant content that will build stronger ties with buyers and sellers in your market. Little offered <a class=\"wpil_keyword_link\" href=\"https:\/\/amazingproperty.com.ng\/blog\/really-nice-property\/\"   title=\"advice\" data-wpil-keyword-link=\"linked\">advice<\/a> for using sources such as MLSs and REALTORS\u00ae Property Resource to create infographics for social media, blogs, videos, or when hosting seminars in your community. Take her \u201cContent Reboot\u201d challenge today.<\/p>\n<p><strong>The Missing Piece in Measuring Affordability<\/strong><\/p>\n<p>Home shoppers using the \u201cdrive \u2019til you qualify\u201d mentality may be missing a critical factor in selecting a truly affordable home. Transportation costs are typically the second largest household expense behind <a href=\"https:\/\/amazingproperty.com.ng\/blog\/sell-your-home-online-fast\/\">housing<\/a>, and can make a home that appears affordable become less so, said Scott Bernstein, founder and chief strategy officer at Chicago\u2019s Center for Neighborhood Technology, who presented during Friday\u2019s Housing Opportunity Forum. Bernstein highlighted his organization\u2019s Housing and Transportation Affordability Index, which factors housing and transportation costs into the affordability equation. Plug in an address at htaindex.org to get a breakdown of the average percentage of their income households spend on housing and transportation in your area.<\/p>\n<p><strong>What Consumers Want From You<\/strong><\/p>\n<p>In choosing a tech solution, consider what buyers and sellers really desire. Research shows they want rapid responses, market knowledge, and greater transparency within the process from start to finish. In a session on Sunday, realtor.com\u00ae executives highlighted several tools that aim to help real estate pros improve their communication speeds and outreach with consumers.<\/p>\n<p><strong>Former <em>Catch Me if You Can<\/em> Conman <a href=\"https:\/\/amazingproperty.com.ng\/blog\/tips-for-house-price-negotiation\/\">Offers<\/a> Identity Safeguards <\/strong><\/p>\n<p>Former con artist Frank Abagnale was the master of assuming others\u2019 identities. His story was depicted in the 2002 hit movie, <em>Catch Me If You Can<\/em>, starring Leonardo DiCaprio. Abagnale now uses his first-hand knowledge to help save others from getting duped. At the RISMedia Power Broker Reception Friday night, the former con man offered up tips for keeping business and client information safe from identity theft.<\/p>\n<p><em>\u2014REALTOR\u00ae Magazine<\/em><\/p>\n<\/div>\n<p><a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/nEE6N2w3SCA\/tech-tsunami-coming\"> Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technology-oriented attendees of the 2017 REALTOR\u00ae Conference &amp; Expo in Chicago this past week are bringing &hellip; <a title=\"The Tech Tsunami Is Coming\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/the-tech-tsunami-is-coming\/\"><span class=\"screen-reader-text\">The Tech Tsunami Is Coming<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6955,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[695,4751,480,1403,516,205,561,12908,543,617,344,41,818,84,385,123,479,61],"class_list":["post-6954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-agent","tag-amazing","tag-broker","tag-buy","tag-estate-agen","tag-estate-agent","tag-estate-agents","tag-home","tag-home-buying-guide","tag-house","tag-housing","tag-property","tag-real","tag-real-estate","tag-real-estate-agent","tag-real-estate-business","tag-realtor","tag-seller"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/DN_110617_conftech.jpg?fit=400%2C600&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":127368,"url":"https:\/\/amazingproperty.com.ng\/blog\/contact-a-real-estate-agent-in-ikotun-lagos\/","url_meta":{"origin":6954,"position":0},"title":"Contact a Real Estate Agent in Ikotun Lagos","author":"Amazing Property","date":"July 19, 2024","format":false,"excerpt":"Find and Contact a Real Estate Agent in Ikotun Area of Lagos. 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