New real estate business models

Thanks to digitization and the growth of the smart home market, real estate is changing the business model. Innovative design, is important at the moment (post-pandemic), because of the qualities it brings to businesses to provide critical spaces, functions, and services that are needed, and that can be adapted and removed. Which companies will be successful in the future?

Real estate technology is a huge industry with hundreds of companies around the world striving to transform the industry. New models are released regularly, and investments in the space are increasing.

Amazon is partnering with Realogy broker to develop a solution for home buyers.

TurnKey is a retail app from Amazon and Realogy. In other words, in agreement with the buyer and seller, Turnkey can give the seller a stake in the buying process.

Brands are thriving in the real estate market and introducing a new business model: a platform that acts as an intermediary between buyers and sellers.

Many actors are disrupting the market: Airbnb threatens hotels, WeWork threatens office management companies.

However, the housing market is creating a new sector in the industry. First, many of these products are part of the sharing economy – their solutions can be shared with others

Airbnb allows you to rent a room in a house with other people. You don't need an agent to do anything. And with Zeus, customers can rent a luxury home during their travels.

After 2020, consumer spending and work patterns will be dominated by the digital age. Social media helps people know where they want to live, and work and choose the location of their dream smart home.

According to Sloboda Studio's article on real estate tech there are 42 countries that are embracing Proptech real estate. The most innovative country for digital homes is Australia. In second place are Belgium and France, followed by Australia. The finalists in the main events were the USA, Canada, and Austria.

PropTech (property technology) uses information technology to help people find, buy, sell or manage real estate. With Proptech, technology companies are looking to add value to their business through technology.

Proptech, at its core, answers fundamental questions about how we can learn and get value from real estate.

The pandemic has caused some restructuring and changes in the way the market operates. Future things like data and medical facilities can be seen. Rentals and rentals are in high demand.

With IoT, the local technology market has shifted towards home technology trends.

Marketers can incorporate this process into their sales process. They serve as technical drivers for the proper repair of buildings and their future renewal.

The services like smart homes, combined with the power of IoT devices, help to improve project management. Better control of heating, ventilation, air conditioning, lighting, fire protection, and building safety. The best thing is to watch the pets outside. Smart homes are happening in real estate technology today!

In the world of technology, people like to browse online resources and find products that don't fit their needs. People prefer to search online to save time and energy to visit every website and choose the best one from the list. In order to keep up with the young and advanced generation, new real estate technology companies are producing many styles and models to please their customers.

I might not be where I want to be yet, but I get closer everyday