Top Real Estate Technologies Straight from Science Fiction (Part 2)

The future is right around the corner, and we are doing a second part of our future real estate tech right out of sci-fi. In case you missed the the first part, here it is. Now here is more tech that is impacting the real estate industry in a big bad way.

Holograms

A hologram uses light and glass to project a three dimensional image. We have seen it in Star Wars, Minority Report, and hundereds of other science fiction movies. But holograms in the movies are based on very real technology used in the real world.

Shoe company Nike is the first company to use holograms as an advertising tactic, displaying their new shoe publicly at bus stops. The hologram display has great quality, running videos at 1080i resolution and storing up to 18 hours of compressed video at a bit rate of 4 MB per second.

Imagine how powerful this could be in the real estate industry--being able to project high resolution images of houses to sell. Where a potential buyer can see every nook and cranny of the property with ease. Now imagine you can do this with every house you have listed.

An agent and broker will only be limited by their imagination and the price tag. A basic hologram system can cost upwards of $10,000.

Battery powered homes

With all the recent news about Tesla expanding and focusing on home batteries, this tech is close to being realized. The battery will power the home on 100 percent clean energy for around $7,000.

As time goes on, more homes will be powered by batteries and people will want to get into these green energy homes. Agents and brokers need to be prepared for this and become knowledgeable about the advantages and disadvantages of running an electric home.

Education is key.

Data

Data is used everyday to help tailor ads and content to users online. Everything you do, browse, buy, or click on is recorded and stored for use. Big data is already being used in real estate by companies like Zillow and SmartZip.

But data can be used at a broker level to help agents close deals and grab a higher quality of clients. Utilizing data can sharpen your agents, boost your pitches, and make sure you don't sell a property for a penny less than market value.

To view the original article, visit the Realty Commander blog.