Recent findings stated by the Canadian Real Estate Association revealed that last month was the best period for home sales in 16 months. The real estate activity in big cities such as Toronto and Vancouver facilitated the national market rebound from the pessimism earlier this year.
Role of Technology in Real Estate Market
Home prices were augmented up to 2.1% during the previous month in major cities of Canada. This determines that it is the best era to invest in real estate in Canada. With the inception of Proptech—technology utilized in the real estate sector—the obsolete real estate agencies in Canada have started to inhale new opportunities.
“The use of technology in real estate has grown exponentially over the past few years and it’s a trend that will only grow as more options become accessible and realtors ascent to lure in the millennial marketplace.”
– Shawn Zigelstein, a real estate agent
Proptech – Technology Enhanced Real Estate Business
This establishes the fact that going Proptech is the best chance for realtors, builders and property agents to gain more clients as the Proptech industry touches $4.6B recently & it will be $7.3B next year.
Stephen Jagger, the co-initiator of IMRE, a company that deals with artificial intelligence personal assistant for realtors, states “technology is so embedded in daily life that customers expect to be able to utilize it in their real estate transactions.”
Digitalize your Real Estate Business For Ease
The bot can respond to basic queries of potential clients on behalf of a realtor 24/7 through social networks and texts. It uses machine learning to answer queries about recent rates, the number of bedrooms, about front yard and what school district the home is situated in. Though, the Chabot can’t answer subjective inquiries meant for a realtor, such as evaluation of different neighborhoods. It allows realtors to focus on the high-level tasks, like showing a home, instead of answering casual questions.
“This type of technology does not substitute a real estate agent, but like all other good technology, it improves their jobs”, said Jagger.
Real Estate Website Benefits
Having a responsive real estate website makes the real estate agency readily available to anyone who conducts a quick web search. Creating a relationship with customers is essential in the real estate brand building. With the online accessibility that a website provides, realtors can achieve that for their business.
Many archaic real estate agencies have observed novel prospects and opportunities by debuting in the digital marketing world. With responsive web design, online property management, internet marketing, and free mobile application be a part of real estate in a digital way and soar among the rest!
Proximate Solution – Design your Real Estate Website
Proximate Solutions has been in the business of website design and development since 2004, with offices in Dubai, U.A.E., Mississauga, and Canada. Proximate Solutions offers the flexibility to stand out from the crowd providing real estate agencies the dynamic tools to succeed.
“Our attractive design string is a perfect solution for any real estate broker or agent”, said (A Arshad), CEO. He added, “Proximate provides an influential feature-rich website to take advantage of listing homes online, online marketing, property management and customer relationship tools to keep your prospect clients informed.”
Related links: https://proximatesolutions.com/