Real estate companies like most other businesses are now relying on technology for operations. The digital transformation of real estate is moving at a rapid pace. Online buying and selling of homes, rentals for properties is driving these changes.
As per Forbes, 95% of buyers use the internet to look for homes, and 51% buy homes that they have found using the internet. Apparently majority of the people are choosing online options for buying, selling & renting their homes. The digitisation of real estate is creating transparency in property deals, facilitating easy access to property buyers, tenants & making things easier for the agents.