Real estate industry is that industry which is turned up significantly with the development and transformation in the technology. However, usage of mobile phones has totally changed the landscape of this industry and according to the study it is observed that the major portion of realtors doing business of real estate with the mobile. Additionally, findings revealed that the application of mobile phones in the real estate industry to the buyer and seller as well as realtors is very useful in the recent years. According to the report analysis, ‘REAL ESTATE INDUSTRY RESEARCH AND MARKET REPORTS’ states that efficient usage of smart phones has definitely made the process of buying and selling houses much easier than the ancient times and with the introduction of various apps related to the business of real estate lead to significant growth to this real estate industry.
In both developed and developing countries, the usage of smart phones is growing and it is one of the most useful items in the market of real estate as it allows them to keep in constant contact with the respective buyer and other clients. In the recent trend, the smart phones are made up of various attractive and useful application which includes compose a mail, maps, GPS, built-in camera/video and also provide internet access which are playing significant role in this industry as with the help of GPS and Maps anyone can easily access the location of any property and if someone is not able to pick up the call user can send mail or text message. Realtors can access their work from home or being present in the field of any place on the globe. According to the report analysis, MARKET RESEARCH REPORTS FOR THE REAL ESTATE INDUSTRY’ states that the smart phone technology offers the advantage of more flexible working practices for the real estate agents and the various applications of this technology result in the growth of the real estate industry in the significant manner. Smart phones enable prospective property buyers to gain access to property details and can find images with the facility of internet in the mobile phones without speaking or telling to the real estate agent. In the recent trend, various apps such as Zillow, Agent Folio and others are made which are providing secure messaging systems for text and image transmission whereas, contracts can be sent to anyone and signed electronically furthermore it make the market more profitable.
In the developed countries the real estate market is growing rapidly with the vast usage of mobile phones. As the smart phones applications are great for aggregating listings, but there are plenty other apps that might be helpful for the business of real estate and run the market smoothly. The Europe region, the mobile phones in the real estate market is dominating the significant share with the more applications and development in the smart phones whereas China (Asia Pacific) is also expected to acquire handsome amount of share in this market. Not only has this, North America has been performing further development in the sector and introducing apps with the brilliant specifications which lead the market in a positive manner. Therefore, it is expected that in the coming years the increasing usage of smart phones in the country will drive the market of real estate will growing positively in the near future.
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Ankur Gupta, Head Marketing & Communications