Expert: How Tech Is Transforming Vancouver’s Real Estate Market

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When it comes to new norms and best practices in Canadian real estate, technology is taking the lead – it’s a rule, and Vancouver is no exception. realestate realestatenews Vancouver tech

When it comes to new norms and best practices in Canadian real estate, technology is taking the lead – it’s a rule, and Vancouver is no exception.

So, if you’d like to stay ahead in a competitive market , you’re wise to study up on the technological advances most likely to impact you. . Whether you’re gearing up to sell your home and you’re considering how best to showcase it, or you’re an end-user or investor buyer hunting for the perfect property, virtual tours are an asset for you.

Like with buyers and sellers, virtual and augmented reality technologies are a major asset to developers. Not only can virtual suites be rendered for online touring, but entire virtual presentation centres can be crafted, bringing an interactive and immersive experience to those interested in learning more about a given development.

Blockchain technology is also supportive to developers, Squires explains. The benefits of this tech are manyfold: it modernizes and adds convenience to the buying and selling process, and it mitigates fraud risk at the same time. Squires notes that in Vancouver specifically, blockchain could help combat title fraud and make property transfers more efficient. There isn’t a single real estate tech trend that shouldn’t be on the radar of a present-day agent or broker in Vancouver.

 

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