What Role Does Technology Play in Real Estate?

Technology is playing an emerging role in the real estate world, and its impact is being felt by buyers, sellers, and Realtors alike.
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The real estate industry is reinventing itself, and several tech companies are emerging in the business that will influence both consumers and Realtors moving forward.

Several of these companies can be found right here in Phoenix, so today, for my latest Facebook Live interview, I’ll discuss the background of these companies and how they’ll impact your real estate goals.

For your convenience, I’ve provided timestamps of the video above so you can skip ahead to the section(s) that interest you the most:

1:50—The two main categories of real estate tech companies: iBuyers and discount brokerages
2:34—The purpose of these two entities
4:20—Are these companies increasing their market share?
6:19—What are the pitfalls of working with these companies?
8:52—Are these companies healthy for the real estate industry?
10:34—Wrapping things up

If you have any more questions about technology in real estate or you’re thinking of buying or selling a home, don’t hesitate to reach out to us. I’d love to help you.