Plymouth, MA -- (SBWIRE) -- 04/02/2019 -- Technology has changed the way home buyers peruse the market for options. It has also greatly transformed the way a few real estate companies and agents market their services. From offering a simulated tour of potential homes to offering on-demand viewings over prior booking systems, 2019 is set to be another revolutionary year for real estate. Let's take a look at the real estate trends to watch out for in 2019.

Uber - ization

Disrupting the brokerage industry with its latest venture is Uber Real Estate.

The service reduces commission fees and brokerage costs by up to 50% and delivers its services through a large team of highly qualified broker and broker attorneys, not inexperienced agents.

Uber Real Estate enables consumers find the most experienced realtors, provides precise solutions and services as opposed to some of the incompetent agent experiences that customers face. All of it, for up to,50% off.

It is the latest development in real estate.

Apparently Uber Real Estate is working on quite a bit more.

On-demand Real Estate Showings

Another trend that can be expected to gather momentum in 2019 is 'on-demand showings'. On-demand showing basically means pairing a home renter or buyer with an agent who is in the immediate geographical area and is available to conduct a property showing.

A few real estate companies now use this technique, using mobile applications to allow potential customers to book viewings instantly. This cuts down the transition time from booking a viewing to getting it done and allows customers the luxury of making last-minute decisions to view properties in a neighborhood that they have liked. This minimization of time can be a defining moment for customers, which can lead to greater conversions.

AR and VR

Augmented reality and virtual reality are not novel concepts. In fact, they were quite the big deal this year, but 2019 is set to see more developments. These technologies have tremendous potential if utilized properly and marketed well. One popular trend that we can expect to see again in 2019 is simulated tours of houses using wearable VR technology. Potential home buyers can experience a real estate space virtually and be privy to the actual look and feel before the property has even been constructed.

AR and VR allowing people to take virtual tours of homes can greatly optimize the buying market by saving real estate agents and companies the time and resources spent in activities like open houses. It can enable buyers to make faster, better decisions and choose the most suitable property within a shorter period of time.

All-in-One Software Suite for Realtors

The current real estate solutions are all scattered. Realtors have to deal with multiple software, multiple logins, multiple platforms that may not integrate with one another.

Many vendors are talking about developing an all-in-one platform that will streamline work and create efficiencies.

All-in-one suite would typically comprise of CRM, Lead generation, transaction management, listing management, training, marketing, social media, personal financial tracking, brokerage commission, internal communication and what not.

An All-in-One suite would be a game changer and need to see who gets the first mover advantage.

iBuyers

If you are unfamiliar with this new model, here are the basics of the iBuyer model.

Instead of placing your home on the market with the help of a realtor, home sellers have an option of entertaining an offer based on the calculation of an iBuyer. The iBuyer backs the offer or facilitates a connection between a seller and an investor. This all sounds easy and convenient for the sellers, but these companies are equity stripping consumers and are by design out to make money. Companies like Zillow are not your friend.

The huge drawback of this model is that the offers are generally far lower than the market value in order to clear a margin when the investor goes to resell the property. The companies that are involved in this arena in many cases are attempting to make 40%+ returns on equity. These companies have enormously high costs of capital, in a low margin space, so they essentially have to take it from the consumer.

Many of the companies that currently offer iBuyer services and charge a commission as well. The commissions are typically higher than 6% and can go as high as 10%.

It would seem it is only a matter of time before regulators and the authorities like State Attorney Generals step in. These companies are working both as Principal and have agency fiduciary duties. It is impossible to separate both and that conflict must fully disclosed. Even with it being disclosed, they are hundreds of consumer protection Equity Stripping Laws.

Only time will tell if this model will mature in the coming years or is even legal as these companies try to play broker with agency responsibility and are out to equity strip the public.

If history is any indicator, I believe they will go insolvent before law enforcement moves in, civil litigation ensues and the public will be stuck with the bill.

Parting Thoughts

Digitization is evident in the real estate industry; technology has already taken over, and it is here to stay. Using the latest technologies enables real estate agents and companies to optimize the experience for customers and facilitate processes and transactions. This also helps them save time and resources which can be utilized elsewhere.

Media Contact

https://www.uberrealestate.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Plymouth, MA -- (SBWIRE) -- 03/29/2019 -- Technology has changed the way home buyers peruse the market for options. It has also greatly transformed the way a few real estate companies and agents market their services. From offering a simulated tour of potential homes to offering on-demand viewings over prior booking systems, 2019 is set to be another revolutionary year for real estate. Let's take a look at the real estate trends to watch out for in 2019.

Uber - ization

Disrupting the brokerage industry with its latest venture is Uber Real Estate.

The service reduces commission fees and brokerage costs by up to 50% and delivers its services through a large team of highly qualified broker and broker attorneys, not inexperienced agents.

Uber Real Estate enables consumers find the most experienced realtors, provides precise solutions and services as opposed to some of the incompetent agent experiences that customers face. All of it, for up to,50% off.

It is the latest development in real estate.

Apparently Uber Real Estate is working on quite a bit more.

On-demand Real Estate Showings

Another trend that can be expected to gather momentum in 2019 is 'on-demand showings'. On-demand showing basically means pairing a home renter or buyer with an agent who is in the immediate geographical area and is available to conduct a property showing.

A few real estate companies now use this technique, using mobile applications to allow potential customers to book viewings instantly. This cuts down the transition time from booking a viewing to getting it done and allows customers the luxury of making last-minute decisions to view properties in a neighborhood that they have liked. This minimization of time can be a defining moment for customers, which can lead to greater conversions.

AR and VR

Augmented reality and virtual reality are not novel concepts. In fact, they were quite the big deal this year, but 2019 is set to see more developments. These technologies have tremendous potential if utilized properly and marketed well. One popular trend that we can expect to see again in 2019 is simulated tours of houses using wearable VR technology. Potential home buyers can experience a real estate space virtually and be privy to the actual look and feel before the property has even been constructed.

AR and VR allowing people to take virtual tours of homes can greatly optimize the buying market by saving real estate agents and companies the time and resources spent in activities like open houses. It can enable buyers to make faster, better decisions and choose the most suitable property within a shorter period of time.

All-in-One Software Suite for Realtors

The current real estate solutions are all scattered. Realtors have to deal with multiple software, multiple logins, multiple platforms that may not integrate with one another.

Many vendors are talking about developing an all-in-one platform that will streamline work and create efficiencies.

All-in-one suite would typically comprise of CRM, Lead generation, transaction management, listing management, training, marketing, social media, personal financial tracking, brokerage commission, internal communication and what not.

An All-in-One suite would be a game changer and need to see who gets the first mover advantage.

iBuyers

If you are unfamiliar with this new model, here are the basics of the iBuyer model.

Instead of placing your home on the market with the help of a realtor, home sellers have an option of entertaining an offer based on the calculation of an iBuyer. The iBuyer backs the offer or facilitates a connection between a seller and an investor. This all sounds easy and convenient for the sellers, but these companies are equity stripping consumers and are by design out to make money. Companies like Zillow are not your friend.

The huge drawback of this model is that the offers are generally far lower than the market value in order to clear a margin when the investor goes to resell the property. The companies that are involved in this arena in many cases are attempting to make 40%+ returns on equity. These companies have enormously high costs of capital, in a low margin space, so they essentially have to take it from the consumer.

Many of the companies that currently offer iBuyer services and charge a commission as well. The commissions are typically higher than 6% and can go as high as 10%.

It would seem it is only a matter of time before regulators and the authorities like State Attorney Generals step in. These companies are working both as Principal and have agency fiduciary duties. It is impossible to separate both and that conflict must fully disclosed. Even with it being disclosed, they are hundreds of consumer protection Equity Stripping Laws.

Only time will tell if this model will mature in the coming years or is even legal as these companies try to play broker with agency responsibility and are out to equity strip the public.

If history is any indicator, I believe they will go insolvent before law enforcement moves in, civil litigation ensues and the public will be stuck with the bill.

Parting Thoughts

Digitization is evident in the real estate industry; technology has already taken over, and it is here to stay. Using the latest technologies enables real estate agents and companies to optimize the experience for customers and facilitate processes and transactions. This also helps them save time and resources which can be utilized elsewhere.

Media Contact

https://www.uberrealestate.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Understanding Uber driving forces behind the Uber Real Estate relationship

Plymouth, MA -- (SBWIRE) -- 12/20/2018 -- International technology powerhouse Microsoft invested in Uber Technologies. Will it do the same with Uber Real Estate? That's the deca billion dollar question that's doing the rounds today.

Uber Real Estate, a separate corporation, also known as Uber too, as it owns the trademark for, Uber, but for Real Estate, is a company that has a lot to offer its clients. For starters, some clients can earn equity after completing transactions and be shareholders.

At the heart of this relationship is Supply Side Economics, which makes it a property market company that clients will keep going back to, especially with up to a 50% discount right out of the box as compared to traditional real estate companies.

But will Uber Real Estate use Microsoft's Azure Network for deployment?

The dynamic cloud platform from Microsoft has a wide range of applications, from setting up to deployment of management solutions. The applications, which are stored on data centers managed by Microsoft, can be written to any language. It also offers the versatility of creating apps with different types of tools and frameworks. Moreover, public cloud applications can be integrated into IT environments organizations already have.

Uber Technologies - Uber (™) has evolved from a ridesharing company to a much wider and larger role, is keen on building a cutting edge data center network. That coupled with the fact that with its vision for driverless car technology, it is a competitor to Google, makes its liaison with Microsoft more naturally aligned.

Uber Real Estate - Uber (™) could deploy much the same strategy using Microsoft cloud platforms for operations by worldwide brand like Uber Technologies. This would also give Microsoft a huge reference client to every spot on the planet and make a lasting impression for Uber Everywhere, a new phrase used by, Uber Real Estate.

However, the relationship between the two powerhouses isn't new. Uber Technologies has already acquired Microsoft Cognitive Services, which are seen as an additional level of security for riders. With the help of this service, Uber ensures that its clients get all the information about the vehicle, driver before their ride arrives at the location. The information can be verified before they get into their Uber, which is an extra level of safety besides the existing ones.

Another major advantage of this service is that it is highly versatile. From picture resolution to operating systems and factor ratios of cell phones; Microsoft Cognitive Services works smartly with different parameters enabling Uber to verify the drivers at the earliest. This kind of quick innovation to offer clients a positive experience is what has made services from Microsoft an appealing prospect to Uber.

It's interesting to note that the Uber Technologies trademark for Transportation is presently valued at 14.6B.

Uber, for Real Estate has the potential of taking things a step further. The real estate market is vast with over 1,300,000 professionals in the United States alone. Those agents and brokers have USDOJ background checks and FBI Live scan Fingerprints. The process carried out by the Federal agencies takes approximately seven weeks and is considered the most thorough, which offers Uber Technologies respite from direct liability and horrible headline risk over background checks assuming they used agents as drivers and were employees.

Uber Technologies had help from Microsoft during the process. From initial API support to 1000 users, the service was scaled up to a million and the tech giant delivered within a few weeks. Cutting edge technologies like Face API will become a norm and Uber will use it for a safer experience for its clients.

Does Microsoft Azure fit into its future plans with Uber Real Estate? It might already have.

About Uber Real Estate
It is the Proptech foray into the property market, which offers clients to garner up to a 50% discount on their real estate transactions and obtaining the superior qualified service.

Media Contact:

Website reference:

https://gallery.technet.microsoft.com/Does-Uber-Real-Estate-use-19df4f0f
Email: Legal@UberRealEstate.Com
https://www.uberrealestate.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm