Automation is Humanizing Property Management Experience
The Real Estate industry is not the first thought of when it comes to technological advancements. However, that has changed over the last years. Real Estate tech investments have ballooned from $33M to $5B since 2010, mainly focusing in the property management. Perhaps this has been the topic for many Real Estate agents as they are fearing that it would replace high-value and negatively impact face-to-face interaction, technology and automation, when used thoughtfully, humanize the customer experience.
There are different ways we could look at the benefits of this market-industry integration. For example, real estate tech investments may provide solutions that systematize how properties and tenants are managed, while others contribute to the data insights that is being provided to landlords and tenants. From a data visualization perspective, the amount of information retrieved can be overwhelming, but it also led firms to focus on how to best visualize all kinds of constant streams of information. Leverton, in one hand, applies AI / Deep Learning technology to extract data from real estate firms and create data visualizations and analytics from unstructured data and converted into meaningful insights. Another emerging product that promises help visualize data is called Matterport, which allows people to virtually walk around the interior of an existing space using 3-D renderings.