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Digital Transformation Is No Longer Optional Real Estate Industry

12-01-2020 01:13 PM CET | IT, New Media & Software

Press release from: Viricyate Technologies Pvt. Ltd. 

Digital Transformation Is No Longer Optional Real Estate Industry

Digital Transformation Is No Longer Optional Real Estate Industry

Digital Transformation Is No Longer Optional Real Estate Industry

Digitalization guarantees to benefit most of the businesses by remodelling their essential processes and methods. The real estate industry has started embracing digital technology for its operational & marketing activities. Presently, the real estate industry is moving from conservative methods towards digital tools for convenience. Hence, the digital transformation of real estate is accelerating rapidly, and it is no longer optional now.

Customers will make a final decision to buy a property after viewing the property individually; however, investors are likely to bring out thorough online research before visiting the site or finalising a property. Accordingly, realtors must have a robust online presence to showcase themselves. Procurers often search and explore properties for rent, sell, and purchase on the search engines or utilise an app that makes everything very easy to get all the details at your fingertips. Let us look at the technologies trending now in real estate organisations that will help transform the real estate industry digitally.

CMS Development:

A real estate organisation must have an effective content management system to become a successful realtor. It prompts customers to take action immediately, which leads to data acquisition. Moreover, Real Estate companies have many potential customers like investors, end-users, consultants, brokers, and all must find related content at the right place and at the right time.
Viricyate understands that Real Estate Industry necessitates a Content Management System that prompts users to engage and provide data to help representatives reach out to feasible customers. Hire us now and get effective CMS services with Social Media integrations.

IoT Integration

The Internet of Things (IoT) is a vital part of the digital transformation that allows machines or devices to amass data and transfer the same via the internet to accomplish different goals. In the real estate industry, IoT hardware is beneficial to record information associated with how properties have been used in real-time and make it feasible to probe massive databases and deliver actionable outcomes that can lead to prolific developments. It is particularly crucial for the management and marketing of commercial. Above all, it talks about the versatility and adaptability of the real estate industry in the face of comprehensive digital transformation.

Virtual Reality and Augmented Reality

The two fascinating immersive technologies, namely Augmented Reality (AR) and Virtual Reality (VR) transform the real estate industry by offering incredible experiences to sellers, buyers, brokers, and investors. It encourages potential property buyers to take a virtual tour of the properties without physically visiting there. Therefore, it positively influences the purchase decision and conversion rate. Customers can access a 360-degree 3D tour of the property from their phone anytime and anywhere to experience the final product. Now, 3D models have become the foremost choice to draw user attention.

CRM Implementation

CRM system software has now become a necessity for a real estate company for smooth functioning. It is as essential for the real estate sector as for any other economic industry. CRM is mainly vital for real estate because of the large amount of data is used in the company, such as property or inventory details, customer or buyers data, employee data, transactions history, lead data, and many more. CRM software is essential to study and analyse the database when building a successful business. Viricyate technologies offer CRM and ERP solutions for real estate companies to store all the data in one place, lose nothing, and generate user-friendly reports.

Automated Data & Transactions

Real estate transactions are unavoidably multidimensional and incontestably difficult to wrangle. Nevertheless, with the help of automated transaction software, it is relatively easy for agents to analyse every transaction element. This software manages many transactions simultaneously, ensures deadlines, calculates sales commissions, audit the outcomes, and do many more things. Hence, automated transactions with such tools are a blessing for any real estate business where time and money are totally interweaved.
Furthermore, Adding data to a database and keeping it up-to-date are time-taking tasks for any business. For instance, the real estate business has to regularly update information like available or booked property data, the current property price, the latest payment plan, construction stage, property images, etc.
Viricyate is introducing a combined IT system into your business for automated data and transactions. It minimises everyday tasks, makes the update in real-time, increases employees’ work efficiency, and enhances business productivity.

On a concluding note, the Real estate sector is one of the fastest developing industries worldwide. Real Estate organisations must understand the importance of digital transformation for their growth and adopt digital tools & technology as early as possible.
To bring your business to the next level, it is necessary to think and take the necessary steps towards digital transformation. Viricyate Technology team has significant expertise in developing and implementing digital transformation products in various business segments. Hire us as your reliable technology partner to execute such projects for your organisation.

Tapasya Corp. Heights, Floor No: 5 E-F-G-H, Sector-126,
Noida-201303

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