PHOTO: Members discuss changes they see coming in the next few years in the real estate industry.PHOTOS COURTESY OF THE INDIVIDUAL MEMBERS.
The real estate industry is one market that is embracing technology at a steady pace, and buyers and sellers are starting to reap some of the rewards of these changes. Streamlined processes can, for instance, allow people to buy a property without having to be physically there to do so, or tap into larger amounts of valuable — and understandable — data, something that can help buyers find and track properties they’re interested in, or help agents best reach their clients.
These are not the only changes in the works. So what will the real estate industry look like in the next few years? Below, six members of Forbes Real Estate Council discuss some of the changes they see coming, as well as what these developments will mean for the buying and selling process. Here’s what they have to say:
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