How technology and real estate go hand-in-hand

Real estate is certainly one of the oldest and most important industries in the world. It's a critical part of our economy and society as a whole. However, how real estate is transacted has changed dramatically in recent years because of advancing technology.

In today's blog, London-based writer Ahmed Nashaat looks at some of the ways that future tech has impacted real estate.

Automated Real Estate Data Collection and Analysis

The internet is a vital tool in the real estate industry, but it's not always simple to use. To the layman, endless piles of websites and blogs can be a bit daunting if you're trying to find a specific house or apartment for sale.

That's where automated real estate data collection and analysis comes in. This technology, notes Ahmed Nashaat of London, allows you to collect data from all over the internet and put it into a single, easy-to-use platform. You can also use this technology to analyze different markets to find the best place to invest your money.

Automated real estate data collection and analysis have made it so much easier for investors to find the right property and make informed investment decisions.

3D Printing

3D printing is a revolutionary technology that changes the way objects are produced. It has already been used to print everything from medical implants to cars.

In real estate, 3D printing has been used to print houses. These houses can be printed out much more quickly than constructing traditional houses. With the addition of 3D printers to the construction industry, housing costs may drop for consumers.

Augmented Reality

Virtual reality has been used in real estate for years, explains Ahmed Nashaat of London, but a new type of technology is just as powerful: augmented reality.

With augmented reality, you can see how a house would look with furniture. Augmented reality is great for making home staging decisions. For example, you can try different furniture layouts and paint colors to see which looks best before buying the actual furniture.