Was asked this question recently, here is one answer I found
How Technology Is Reshaping the Real Estate Industry
Karam Mangat -December 30, 2019 ...
Whenever we think of buying a property, a house or an office space, it always seems like a complicated and long process. But the scenario of the real estate industry has changed massively since technology intervened to make things easier and smoother. Isn’t it better if you get to sit at home and compare the various aspects of a property to shortlist a few, without having to go there physically? The advent of technology in the real estate world has only made things better for the customers, less troublesome and hectic. Now it is possible to develop the business anywhere at any time of the day, more so in the urbanized sections of the world.
Most of the time these days, there is no middle-man who becomes the medium to communicate with the owners or builders. There is more transparency involved because there are a ton of options available for you in case you do not like the one you are seeing. The buyers can opt for a bird-eye view from a drone to search for houses in any neighborhood they like. It is all in the tap of your fingers, installing an application on your phone and checking out new listings, buying or renting a house without even moving an inch. If you want to add your own place to the listings, you can do it hassle-free. Choose from the list of people who are interested in buying or subletting your apartment.
Let us take a look at some technologies that have been shaping the face of the real estate industry. .... "
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