why tech is key for real estate market by matt doheny
TRANSCRIPT
AS THE APP ECONOMY GROWS,
FOOD DELIVERY AND SOCIAL MEDIA ARE
RAPIDLY BECOMING THE LEAST EXCITING
INNOVATIONS.
LIKE IN OTHER ECONOMIC SECTORS, NEW TECHNOLOGIES IN REAL ESTATE ARE CREATING UNPRECEDENTED
OPPORTUNITIES TO SAVE OR MAKE MONEY WHEN BUYING A PROPERTY OR INVESTING IN THE REAL ESTATE MARKET.
ZILLOW & TRULIAlargest digital real estate portals in the U.S. allowing
consumers to search over 110 million property listings.
THOUGH THE TWO COMPANIES
MERGED IN 2015, EACH SITE AND
FAMILY OF MOBILE APPS RETAINS ITS DISTINCT FLAVOR.
ZILLOW & TRULIA
➤ Zillow provides information that is specifically tailored to home buying while Trulia helps people figure out the best place to live by furnishing data on schools, crime rates, and the overall neighborhood.
➤ Zillow also helps consumers obtain financing and connects them with brokers—and even offers helpful links for interior design.
HOUZZ
➤ For a buyer looking to spruce up her own home or flip one to make money, a service called Houzz takes Zillow’s design guide to the next level.
➤ Connecting people with over 10 million interior design ideas, contractors, and home décor retailers, Houzz can help address any design need.
➤ But its services do not end there.
HOUZZ
➤ The site also features a search engine for local architects and building designers, allowing someone the opportunity to start building a home from scratch without setting foot outside his living room.
ONLINE CROWDFUNDING PLATFORMS, COMPANIES THAT INVEST MONEY INTO MORTGAGES OR DIRECTLY
INTO PROPERTIES IN ORDER TO GENERATE
RETURNS, OPEN PEOPLE TO A WHOLE NEW WORLD
OF INVESTING OUTSIDE OF THE STOCK MARKET.
THOUGH PAST SUCCESS IS NOT GUARANTEED TO
YIELD THE SAME RESULTS IN THE FUTURE, CROWD FUNDERS HAVE
REPORTEDLY ACHIEVED RETURNS OF 10-13%.
ONE SUCH PLATFORM, FUNDRISE, REQUIRES
ONLY A $1,000 INVESTMENT TO GET
STARTED, MAKING INVESTING IN REAL
ESTATE CONVENIENT AND ACCESSIBLE.
CADRE
➤Created by the Kushner brothers, members of one of New York’s real estate dynasties, Cadre is a digital platform intended to help a select group of clients such as family offices and endowments make the best real estate investment decisions.
Source: jewishbusinessnews.com
Image: Kushner brothers
CADRE
➤Cadre’s employees use their expertise and training to prescreen opportunities.
➤Clients may then view recommendations on the company’s virtual gateway.
THE POWER OF TECHNOLOGY GIVES PEOPLE UNPRECEDENTED FLEXIBILITY AND FREEDOM IN THEIR REAL ESTATE SEARCH, BUT TECHNOLOGY
DOES NOT OFFER ALL THE ANSWERS.
DESPITE ZILLOW’S POWERFUL SEARCH
TOOLS, CERTAIN INSIGHTS CANNOT BE FOUND ON ANY
ENGINE, EVEN GOOGLE.
REGARDLESS OF HOW TECHNOLOGY IS MERGED WITH REAL ESTATE, REAL ESTATE PROFESSIONALS
ARE STILL THE BEST PROTECTION AND
DEFENSE FOR PURCHASING PROPERTY.
IF YOU LIKED THIS PIECE, PLEASE VISIT: WWW.MATTDOHENY.NET ➤ Matthew “Matt” A. Doheny
holds an extensive curriculum vitae as an entrepreneur, finance expert and political pundit which features past and current successes in the industries of the investment fund, distressed asset and financial management. Presently, Matt Doheny serves on the board of Kodak Co. and Yellow Truck. He also functions as a Director of Affinity Gaming, and has done so since 2013.