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Updated over 8 years ago on . Most recent reply

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54
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Riley Gilson
  • Hilliard, OH
18
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54
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In what ways has technology innovated real estate? (If at all)

Riley Gilson
  • Hilliard, OH
Posted

Firstly, from a direct mail or lead management system perspective, I don't really associate that as real estate focused tech. Yes, it does behoove you to utilize this, but it isn't inherently designed specifically for real estate.

Are there any websites out there that allow those looking for financing, to list deals they wish to pursue online to look for financial support? (I'm aware there may be SEC regulations in regards to this, just wondering if someone has done it)

Or is there a marketplace where buyers can go online for a strictly wholesaler marketplace of deals? (niche marketplace, not general MLS)


Do the above exist? What other solutions exist in this industry that you have found particularly useful or innovative?

Most Popular Reply

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117
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50
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Adam Bontrager
  • Investor Relations Manager
  • Cleveland, OH
50
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117
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Adam Bontrager
  • Investor Relations Manager
  • Cleveland, OH
Replied

@Riley Gilson

IMHO, technology has dramatically changed the real estate space in the last 10 years.  

Documents can be signed and tracked online.  Internet resources like BiggerPockets, Zillow, etc make it much easier to access useful information that can guide and inform your real estate decision making.  SAAS providers make it possible to keep tabs on your finances, customers, and more from anywhere, freeing real estate investors from geographical constraints.

And I would be remiss not to mention real estate crowdfunding since the industry would be essentially nonexistent without the tech tools available today.  Technology plays a huge role in the industry and allows for a lot more automation of processes that would not have been possible 10 years ago.  Rather than deals being negotiated at the club house, real estate finance is opening up allowing individuals to perform due diligence and invest in projects right from their living room couch.

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