How technology can potentially affect real estate

Ahmed Nashaat is a London-based real estate blogger who focuses on real estate blogs to help readers not just in the United Kingdom, but all over the world. For today’s blog, he looks at how technology can potentially affect real estate.

First of all, Ahmed Nashaat mentions that technology will not disrupt the real estate industry. Like many experts, he believes that tech will push the real estate industry forward.

While a few traditional real estate developers worry that technology might change some of the pillars and principles of real estate development, tech at its fullest capacity will only help the internal processes such as marketing and planning.

Then there’s the point of developing technology that will present new and innovative ways to view structures even before and after they’re constructed.

Before virtual reality (VR) and artificial reality (AR), developers had miniature models and showrooms for people interested in investing in real estate. And that was fine. Today, however, VR and AR are looking like extremely viable ways to show off finished products even before breaking ground.

Technology will be of great help to real estate developers themselves. Living such hectic lives, new and improved mobile devices, communication and other important processes can be done conveniently and efficiently, making the life of real estate developers a lot easier.

Finally, Ahmed Nashaat points out that in certain countries technology such as 3D printing has started to play a major role in a number of construction projects, ushering a whole new age in construction.