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Evolution of Real Estate Market 2030

   

 

 

Which customer needs and related businesses will fade out?

What new customer needs and related businesses will fade in?

 

 

 

Which POPULAR SERVICE WILL FADE OUT

Specification Property Valuation

 

The real-estate market is always known to have analysts, property professionals, real-estate firms, agents and quantity surveyors to help estimate the value of a property using various variables such as location, plot size, floor plan and amenities to name a few.

Rea; Estate Property Valuation

However, what if the process of getting your property valuated was at your finger-tips? In addition, realtors would come in and have a look at the client’s property and further follow up with a report of the property’s value that would average anywhere in-between one hour and ten working days depending on how extensive the valuation is.

WHAT NEW SERVICE WILL FADE IN

Property Valuator TM

In the age of artificial intelligence and mobile technologies through ‘apps’; clients would most definitely be attracted to an application that could instantly give an accurate evaluation of the property using all the variables given such as; location, history of the property, amenities, previous, current and future projections of market pricing. Moreover, using data metrics by collecting information of public records, comparative sales assessments, zonings, and plans for the local area.

The property would have various sensors that would send notifications to the owner of the property whenever there has been a change in the valuation of the property. For example if the water heater of the house would have an issue and needs to be changed the sensors would pick up the issue and send it to the property valuator that notifies the owner of the issue and the recommended time of when is should be addressed.

 

 

 

 

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