Skip to main content

3 Technologies That Will Impact Commercial Real Estate in 2018

1. Robotics and Drones

The use of robotics and drones is increasing in the commercial real estate industry, as they offer a number of advantages over traditional methods of surveying and inspecting properties. For example, they can help to speed up the process of assessing damage after a storm, identify potential safety hazards, and assess the condition of infrastructure. Additionally, they can be used to capture high-resolution images and videos of properties, which can be used for marketing and advertising purposes.

2. Cryptocurrency

Cryptocurrency is becoming more and more popular in the commercial real estate industry, as it offers a number of advantages over traditional methods of payment. For example, it is a secure and efficient way to conduct transactions, it is not subject to government or financial institution regulations, and it allows for the easy transfer of money across borders. Additionally, it can be used to purchase property or pay for services.

3. Data Science

Data science is becoming an increasingly important tool in the commercial real estate industry. By analyzing data from a variety of sources, including social media, property databases, and weather data, data scientists can help to identify trends and patterns that can help to inform business decisions. Additionally, data science can be used to improve marketing efforts and to identify potential opportunities and threats.

Comments

Popular posts from this blog

The 7 Secrets You Will Never Know About Business.

  There is no one-size-fits-all approach to business.  What works for one business may not work for another. It is important to find what works for you and your business, and to be flexible and adaptable. Failure is a part of the process.  Every successful business has experienced failure at some point. The important thing is to learn from your mistakes and keep moving forward. It takes time and effort to build a successful business.  There is no such thing as a get-rich-quick scheme. It takes hard work, dedication, and perseverance to build a business that will last. You need to be customer-centric.  Your customers are your lifeblood. You need to understand their needs and wants, and deliver products and services that exceed their expectations. You need to be innovative.  The business world is constantly changing, so you need to be innovative in order to stay ahead of the competition. This means developing new products and services, finding new ways to market your bu

What is Real Estate?

Real estate is a type of property that consists of land and the buildings on it, as well as the rights of use and enjoyment of that land and all its improvements. It is an asset class that is used to produce income and provide collateral for loans. It can be divided into five categories: residential, commercial, industrial, agricultural, and special purpose. The real estate industry is a key driver of the economy, and it is a critical component of the global investment landscape. The sector is worth an estimated $217 trillion, and it employs tens of millions of people around the world. What is Commercial Real Estate? Commercial real estate is a subset of the real estate market that consists of properties used for business purposes. This includes office buildings, warehouses, retail space, and other properties that are used for commercial purposes. The commercial real estate market is worth an estimated $33 trillion, and it is a key driver of the global economy. Commercial r

The most popular cryptocurrencies Bitcoin and Ethereum.