What to Expect in Real Estate Technology in 2018
Jared Broussard • December 29, 2017
Every year there are new technological developments that change how we live and work. Today these developments are happening more quickly than ever before, and they are having sweeping changes how real estate is bought
and sold. 2018 will be no different. Here are 3 big trends for 2018.
Augmented Reality
Augmented, or virtual, reality is a growing across applications but can be especially helpful when it comes to showing a prospective client a new property. Imagine being able to create an immersive experience with the capability to show what furniture and other items would look like in a space.
Automation
As technology, social media, and other communication platforms continue to play a larger role in your day-to-day tasks, automation will become a more useful tool. Common, routine tasks can now put on autopilot a number of different ways. Follow up emails, appointment confirmations, and more can now be set up. These automations will not only free up time but improve the quality of the output you generate.
Big Data
We have more information on just about anything than we’ve ever had before. This is especially true in the real estate world. Leveraging big data and machine learning opens up many new opportunities. Not only can you be more prepared as you show a new property or meet a new client, but you can completely revolutionize your strategy and implement new and improved best practices.
CONTACT US
2026 Louisiana housing market outlook for agents. Learn how local data, pricing strategy, and negotiation tactics shape success in a balanced market.
From the Louisiana Department of Insurance: Insurance Commissioner Tim Temple announced today that the Louisiana Department of Insurance (LDI) continues its work to develop a regulation creating benchmark discounts for Fortified roofs in Louisiana. The LDI is working with the National Association of Insurance Commissioners (NAIC) to develop the benchmark discounts using Louisiana-specific data, hurricane modeling and actuarial considerations. “With over 11,000 Fortified roofs in Louisiana and two years-worth of insurer experience with rating for those roofs in our state, now is an appropriate time for the LDI to establish benchmark discounts for homeowners insurance companies operating in our market,” said Commissioner Temple. “These benchmarks are being thoughtfully developed to help consumers receive the discounts they deserve for fortifying their homes while making sure insurers know the benchmarks reflect how much Fortified roofs actually mitigate their exposure to risk across Louisiana.” Like in Alabama’s Fortified benchmark discount structure, the LDI regulation would require Louisiana insurance companies to either meet the minimum benchmark discount established by the LDI or provide actuarial justification for why the company’s discount does not meet the benchmark. Louisiana is the fastest growing state for Fortified roofs in America. To date, over 11,000 Fortified roofs have been installed in Louisiana, including over 4,100 through the Louisiana Fortify Homes Program.
Built for How You Work
