estate | Fire Boy and Water Girl Play

Lucille Wood
estate
technology
July 29, 2022
0 Comments

Technology in Real Estate – Out With the Old

It’s time to take legacy solutions like BacNet, Modbus, LonTalk, etc… out of base buildings…forever. While every other industry on the planet has standardized around Internet Protocol (IP), and gained the benefits of open communication, information exchange, and technology that gets more functional as it becomes less expensive, the real estate development and property management industries have standardized around antiquated, limited technologies that are only utilized in their vertical.
Walk into the headquarters of every manufacture of legacy base building solutions and you will find that 100% of them run their mission critical business systems on an IP network with current web enabled applications. Why, because there are no Modbus phones, no LonTalk high density storage devices, no BacNet computers etc… These solutions are based on technologies (ARCnet, Token Ring, RS-232 etc…) that have long been abandoned by mainstream global communications. They were abandoned because they are too slow and too limited in their interoperability to be practical.
That is why in today’s “speed of business” & “on demand” world… property management is still reactive, driven by individuals utilizing “paper in binders” to get the job done. They don’t have the tools that every other industry has.
The returns in construction costs and long term operational & energy savings are available today. The IP solutions for base buildings have been around for years, tenants are demanding more, it’s now time for owners to get involved and challenge the construction industry to stop building and retrofitting facilities with technologies that were obsolete before they were installed.…

Lucille Wood
business
estate
June 24, 2022
0 Comments

How to Integrate Technology Into a Real Estate Business?

Real estate has been one of the most profitable and sustainable business. People have become very rich through real estate dealing. Real estate agents use a lot of ways to ensure that they succeed in increase their business. Large businesses with a lot of real estate agents also use different tactics to improve their sales. Large property dealers often spend a fortunate of their earnings on training their sales staff for increase in business. They often however, overlook the fact that technology has been making a greater impact on our lives. This underestimation in role of technology brings a lot of problems for the old style real estate business people. First of all people have started using technology to locate the properties in any country of the world. Secondly, people use internet more then the physical resources to gather information and intelligence.
Search engines have change and there has been a new term coined, known as “social search” which is done through the online social networking sites. People now use technology extensively for all the purposes. Using technology has changed the way things are done for good. The first thing is to use technology for your online business presence. You can get your website designed specifically according to your demand for your real estate business. This would help you establish your online presence.
One other very important way to use technology is to have laptop along with you. Your laptop should have some arrangement for electricity as well as internet. Taking the laptop will help you make presentations to any new client and you can also add to it a lot of useful information, which you won’t be able to remember otherwise. It is also a good practice to find your way through and also the property details through the different internet applications, in case you have problems in finding directions. These are some of the very important technology uses you can have for your real estate property. If you are thinking about the possible benefits then you must rethink. Now people don’t use internet as a luxury in their businesses any more. They use internet to get their hands onto the latest information available so they don’t loose their edge over some other businesses already using technology to their advantage.…