How Technology is Revolutionizing the Real Estate Industry

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In the recent few years, technology and innovative apps have made drastic revolution in different industries or areas worldwide and the real estate industry has no exception. According to the survey conducted by experts involved in real estate app development, real estate industry undergoes significant revolution based on three major terms associated with security i.e. automation, cyber security and sharing economy.

These terminologies are of huge significance is because of the fact that they are able to highlight the benefits capable to deliver by modern technology. Other than this, technology has brought significant changes in the way, in which real estate group is delivering services to renters, investors and buyers, while at the same time, it changes the way, in which realtors should accomplish their work.

Sharing Economy and Real Estate

We may interpret the concept of sharing economy as digital implementation of various loose arrangement concepts originated for a long time before the launch of computer technology. According to the analysis conducted by real estate industry experts, a large number of people communities have shared the usage of valuable real estate assets for many years. However, availability of big data and other innovative internet concepts/devices have made such owners and other individuals searching for properties simple and easy.

A majority of solutions present in this label often use P2P i.e. peer-to-peer networks to provide an excellent environment for freelancers/self-employed individuals to network with other like minded people or companies on both supply and demand sides of the entire real estate chain. Along with this, based on the scenario identified by real estate app developers, shared economy offered professional empowerment combined with personalized control and flexibility, while it often revolves across varieties of service-based industries.

Decentralized Blockchains and Real Estate

Decentralized blockchains or distributed ledger technology has made a big buzz since it has taken its first step in the industry. You may get justification of this fact based on different stories pertaining to trading, digital money, exchanges and FUD. Besides the success of decentralized blockchains in the form of asset values or market caps, they have delivered core tools for many industries, including the real estate one. Indeed, if decentralized databases and distributed form of ledgers become mainstreams, both of them may significantly reduce the potential associated with any fraud and provide us with higher access to available data on homeowners and individual properties.

Read also : The New Reality of Real-Estate

Especially, real estate app development experts have stated that Blockchain has proved its ability of delivering groundbreaking automation with the help of smart contracts to enforce agreements of various property business and to govern the execution of various procedures performed by machine-learning and Artificial Intelligence algorithms. Furthermore, blockchain succeeds to meet the specific requirements related to cybersecurity, which is a hailed aspect related to distributed or decentralized ledger technology, as it assures about safety of not only financial transactions, but also other valuable data transactions.

Cyber Security and its influence in Real Estate Industry

Cyber security is a self-explanatory type of concept and it acts as an excellent practice in both hardware and software development emerged as a sound response to prospective threats related to various malicious elements intending to achieve unauthorized access to controls and available data. Thus, with time, exponential increase in the speed of transferring information has reduced the exact communication distance among various geographically distant individuals and groups. In this way, cyber security reduced the probability of attackers and hackers to create any issue associated with real estate operations.

Automation Role in Real Estate Industry

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Even though automation has not started with the conception of modern technology, the modern technology has brought drastic automation in most of the industries. Reason for this is that automation has consistently given many benefits, which include increase in work speed and operational efficiency, reduction in the overall cost and relatively less requirement for the intervention of human beings. Until now, real estate mobile app development experts have found positive results of automation in real estate in the following key areas-

  • Innovations in Artificial Intelligence to report and provide insight-provision type of tools used by real estate investors and agents
  • Necessary real estate protocols to provide support to production governance and construction procedures
  • Concept related to machine learning to identify and report discrepancies without the intervention of human beings.

AR and VR Technologies Role in Real Estate Sector

Modern real estate prospects and customers remain so much busy that they often rely on real-time information obtained about varieties of offered products and services. However, although valuable pieces of information make consumers well informed, empowered and help them to make perfect choices, the negative aspect is that too much information makes the actual decision-making a challenging job.

Considering this fact, the entire real estate industry offers outstanding degrees of customization and personalization to provide memorable experiences. Because of this, Augmented Reality and Virtual Reality technologies/concepts are providing improved experience to customers and making things easily understandable to others. Indeed, real estate companies and individual business groups get pool of opportunities to leverage innovative technologies, including Virtual Reality and Augmented Reality.

CRM Software Solutions to Help Real Estate

Real estate application has further lead to CRM i.e. Customer Relationship Management software helps realtors to attract, manage and retain clients, streamlines real estate business transactions and accomplishes deals in a timely manner. CRM software system are also helpful for real estate agents to manage businesses in a productive and efficient way with minimum possible waste of time and thereby, bring improvements in the personalization associated with their communications.

Lead generation and its nurturing are the two crucial ingredients of every business or agency’s marketing plan and the process implies the ways, in which one can successfully track leads to convert into various sales-qualified leads. CRM thus plays a prime role to generate leads for every modern real estate company. With the appropriate implementation of CRM, businesses may expect to boost sales and productivity, enable closures as well as boosts decisions on real-time basis and predicts the level of accuracy.

According to latest CRM predictions, modern businesses have realized the overall influence of CRM software to perform marketing jobs. Whether you need to leverage segmentation features to create cohorts of your customer targets and boost the message campaigns and profiting from the campaign reports or opportunity pipeline, you may not overlook the significance of Customer Relationship Management software.

Other Major Influence of Technology in the Real Estate

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Streamlining of Hectic Selling and Buying Properties Process

Technology has brought a strong influence in the real estate sector with streamlining of hectic procedures related to selling and buying of properties. Real estate owners should essentially let the users have a look on images of the potential properties even before they visit them physically. For this-

  • Real estate make the complete process seamless for both sellers and buyers, while allow users to seek HD photos and property details at a glance of each potential home.
  • Technology has lead to the introduction of 3D views of each room and setup of a potential property to help prospects to come up with the best decisions.
  • Technology allows users to get instant alert and updates on properties.

Flexibility in the Search Method

Users of real estate always give priority and preference to flexibility. Because of this, whenever it comes to various search options, you may provide your users with options related to filter their options based on different factors, like price, bedroom, hall and other aspects to match with the specific criteria. Other than this, real estate app development allowed users to save details related to any property, which they want to buy to review it in detail later. Today, potential customers should essentially check the home before they visit the site physically. Hence, flexibility in search options is an essential step to take by any homeowner and for this reason, inclusion of planning of the property and its considering is very much essential in the process.

Reduction in the Extent of Paperwork Involved

During the initial stages, real estate agents or realtors require long time to close deals based on tons of paperwork involved. However, with the advancement in technology, the process has become quick and simple. Especially, the technology has improved the overall appraisal process, which was initially a type of labor-intensive procedure. Nowadays, realtors use electronic documents and innovative laser devices to do the appraisal process in less possible span of time.

Realtors may now track contacts, schedules and contracts in a hassle-free way, as each of these valuable pieces of information remain available with only a simple search. Other than this, Dropbox, Box and Google Drive apps are able to store information in a single place to make accessible for both realtors and customers from almost every place as possible and that too only one click. Besides this, E-signature is the latest and promising technological trend that allows signing documents by the help of portable devices.

Conclusion

Until now, real estate industry witnessed significant improvements with the help of innovative technologies and app development and it will continue to witness the same in the near future.

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Interview with Krunal Vyas, iQlance Solutions – Good Firms

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GoodFirms is B2B research and review platform for top software service companies. iQlance Solutions has been  listed as top mobile application development company in Canada on GoodFirm

– GoodFirm has selected our CEO Krunal Vyas to interview.

IQlance – one of the leading web and mobile application development company in Canada which promises to deliver bespoke solution was epitomized in GoodFirms with embellishing reviews and stars for its mobile app development service by their clients from across the globe. Krunal Vyas, the CEO of the company has put more focus on how mobile apps, web development, custom software solutions and game mobile app development helped their customer to generate ROI and reach out their target audience.

Krunal further talks about his inspiration in developing an innovative and meaningful solution with the help of technology and meeting the client’s expectation while also delivering state-of-art solution by strictly adhering to the deadline. He describes about the business model at iQlance that has made possible for the company to work with the top brands across the globe. The company is involved in diverse services that includes mobile app development, web development, enterprise solutions, game development, emerging technologies, digital marketing and the list goes on…

iQlance has the veteran team in Canada who makes sure to consider your requirements before building a solution. The team covers product development cycle from system analysis, wireframe to design, code implementation, quality assurance and launch and makes sure that there is zero tolerance error. Krunal believes that, his business model is successful of course due to its team, capability, domain knowledge and presence of iQlance in Canada, NYC and California.

Read Also : Interview With Digitalmicdrop : OUTSOURCED MARKETING TECH

Being the CEO of iQance, Krunal takes care of end-to-end business operations and follows agile and scrum approach while conducting the weekly/daily meetings with team members and managers to know the overall insights of the task. He implements time tracking software to effectively monitor and manage project in real-time work environment. Following agile and scrum approach, he focuses on team’s ability to deliver fast product and respond quickly as and when client’s requirements changes.

Moreover, he also makes sure that there are no glitches and grudges for anyone in the company and employees and clients are working on the same page for the same goals. The company has built many mobile- based apps like on-demand taxi, fitness, real estate, healthcare and many more which has helped them to give an edge to the business.  Moreover, the company loves to take on the challenges that are involved in the projects and emphasize in retaining client and building a long-term partnership by delivering a leveraging solution.

The company has flexible development model and payment structure which assures the client that they are paying for what is received. Krunal aims is ‘ idea to innovation’ and would always support start-ups, Small business and individuals to bring idea to reality and focuses on tight budget project that can be delivered in a short time rather than liberal higher budget project. This enables the team to flourish the skills and push themselves to local communities as well. Ranging from $5000- $100,000 the company delivered 50+ mobile applications and 20+startups solution in 2017 to stand tall amongst competitors.

The company is very strict when it comes to security; they consider the process of developing apps after signing NDA only. Additionally, they also ensure transparency in work keeping the unexpected surprises at bay.

To know more how iQlance helps the start-ups to provide a solution, Check out our full interview on Good Firms.

Advantages of Custom Mobile App Development

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Making a website is half the work on the internet, making apps is the other half.  The apps make the site extensible and improve its functionality. It means the website can now do more things than it could before.

Adjust scalability to suit your business

This is important since you need to adjust your business to the growing customer base. By keeping your website hidden, you will not grow your business in its entirety but will only achieve partial growth. This means, there will remain some aspects of the business that has not come to light and so you will not achieve full profit though you are increasing your turnover.

Keep control of your apps

If the third party app developer of a sudden decides to stop the app, you feel left out on a limb. You need to find an alternate solution. By designing your own apps, you gain control over how the site behaves. This helps you to control the responses which are the main aspect of interaction with the customer base. The customer develops a perspective of your site by the responses you make and if you trust a third-party, then the responses will not be adequate and the customer will take his business elsewhere.

Always Suggest to Read : Importance of Test Cases while Testing your Mobile App

Maintain personalized contact

When you develop your own apps, you can keep up the personalized contact with your customers. This means you are able to make promotions and give discounts as per your discretion. If you want you can give discounts to people who buy from you for $200 and if you see this is working you may want to make further improvements.

Easy to maintain the project cycle

Since you develop the apps to suit the present condition, you are able to maintain strict control over the deadlines and project progress.  Since all the apps are your own, you can set the limits and the parameters so they are always functioning in the best way.

Your own app will help you harness the mobile market

The growing mobile base users’ numbers is reflective of the expanding customer base. now days many of Top Canadian App Development Companies increase customer view ratio By designing the app to be compliant to the mobile segment, you can tap into the market with ease. If you use a third-party app, you cannot tweak it to respond in the way you like. You may need specific controls to keep the interest of the customer focused on your product.

Keep your product competitive

By getting a feel of the market, you get to know what is lacking and where you have to concentrate to beat the competition. You can add these features so that your product is always much sought after.

Make the apps that help you in your business by studying the market. The best way forward is to make apps as versatile as possible and then tweak them as you go along.

Hidden Secret About Cross Platform Development And The Useful Tools

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Over the last few years, the cell phone industry has seen an exponential growth. In the race to reach the top, mobile phone companies are year after year releasing their respective flagship phones with jaw dropping specifications. Phones are getting bigger, better and faster. We are currently living in a world where you do not need a computer to order food from your favorite restaurant or book a movie ticket for that one show you have been waiting for all summer.

The phrase, “just a click away” hinting that the click is of the computer mouse, has been replaced by “just a tap away” referring to the tap on the phone. Open the app store on your phone and the screen will explode with numerous apps which theoretically can run any errand for you. Apps have become a crucial part of our life. Not just because they are easy to use, but also because they are readily available. And with each company wanting to have their own app to promote themselves to the crowd, the possibilities are endless.

Cross Platform Development:

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What is it and why is it required?

Every app on your cell phone is schematically separated into two parts, a front end, and back end. Front end being the GUI (graphical user interface) and the back end is the logical explanation on which the app functions. To put it across in a simple way, the front end tells the user what the app can do if you tap a particular button on your screen, while the back end executes the appropriate procedure.

Any app developers would be well versed and comfortable with one programming language. There would be few who know to code in more than one language, but the knowledge level would surely differ. The reason being a programming language is a vast subject. Each language has its own syntax and architecture. Knowing how the logic works is one thing, but implementing it on a subject to achieve your target is another. A developer writing an app for android might be able to write the code for iOS. However, it might not give the same desired result since the way the code interacts with the operating system is different.

Read also: Step-By-Step Guide To Building Your First Mobile App

This is where Cross Platform Development comes into the picture. Writing code with this method allows the developer to duplicate or manipulate the desired result across all platforms. This means an app can be written in the native language for any particular operating system for example, iOS and later can be developed to work across other platforms such as android, windows and blackberry OS.

With the help of cross-platform development, developers are able to reach out a greater number of consumers. There could be a user who uses an android phone and also an iPad. The user should have the same experience when using the app on the android device he or she has when using it on the iPad. This goal can be achieved by cross platform developed.

How does cross-platform development work? 

How does cross-platform development work

As mentioned before, each operating system has its own native programming language. For instance, android apps are written in Java, iOS apps are developed in objective C and shift, while Windows uses C# and XAML. Each coding language is different and has their distinctive characteristics. Expecting a developer to produce the same result on each platform across all operating system is not realistic.

To overcome this situation, the core of the application is first written in the commonly used languages for all the web application like HTML, CSS, and Javascript. A web developer has no control over who will use the application. A user could use it on a 7-inch tablet or could also use it on a computer with a 50-inch monitor. Web applications are written in such a way that they could handle anything that is thrown at them. Using the same idea, the app developer would first write the code in HTML, CSS, and javascript.

The code and functions are bundled together to create a software package. This package is then used to write the remainder of the app using the programming language depending on the platform. The piece of code which is written in the native language, using the package as the core is usually referred to as the wrapper. A wrapper is a subroutine which helps to call the main function of the program which is embedded in the package. So now, a developer can write the package for their app before hand and only needs to change to the wrapper for the app to work across all platforms.

Cross-platform development tools

Cross-platform development tools :

There is some kind of software that helps a developer write an app which is functional across various operating systems. Below is a list of few of these tools.

Xamrin: Xamrin is a C# code and .Net frameworks based programming software which allows users to develop apps across multiple platforms. The software was developed by Miguel de Icaza who also worked on the Mono open source project. Gaining immense popularity rapidly, Xamrin was then bought by Microsoft in February 2016. This software now comes bundled with the Microsoft Visual Studio pack. Although the free version offers capabilities, this software is highly used by app developers across platforms.

Appcelerator: This is open sourced Javascript based software which allows users to develop applications for iOS, android, and other platforms. The general notion is that developers are more comfortable with javascript than iOS’s native Objective C or Shift; Appcelerator has a great number of users across different platforms.

Phone Gap (Cordova): A Software that is widely used by developers is Phone Gap. The word gap implements that the software is supposed to gap the bridge between the native app and the mobile web based app. This also is a javascript based program which helps you to build a complete new native app for any platform or convert a web application into a native app. PhoneGap runs on an engine called Cordova which is acquired by Adobe. Apps written through Cordova would work on Phonegap and vice versa.

iFactr: iFactr is a C# based coding software which helps users create a multi-platform framework integrated with backend data. Integrated development Environment (IDE) is available for all platforms to ensure developers are able to achieve the desired result they are looking for on all the operating systems. This is also integrated with Microsoft Visual Studio.

Kony Visualizer: Kony is commonly used java based software to create mobile and web application across platforms. Since javascript is an existing web language, using Kony users’ area is able to convert the web application into the multi-channel mobile application. Kony provides developer friendly API (application programming interface) that is easy to use and work across all platforms.

 

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