Real estate agents are providing
better services by using new technologies like online listing; video and virtual
reality (VR). Advance technologies are strengthening the buyer-agent
relationship in real estate sector. The role of real estate agents is changing
from just an information arbitrator to a local market expert and service
provider. Zillow and realtor.com provide housing database and information on
tax and purchase history. Advance technologies such as video, VR tours and
e-signing services are also modernizing the real estate transactions. For
instance, in 2016 Sotheby’s International Realty, a luxury real estate
franchisor, began hosting 3D home tours on its listing pages.
THE BUSINESS RESEARCH COMPANY
EXPECTS THE GLOBAL REAL ESTATE MARKET TO GROW TO $4 TRILLION BY 2021
Asia Pacific was the
largest region in the real estate market in 2017, accounting for half of the
market share.
Read report:
According to The Business Research Company’s Consultant, Nitin
Gianchandani, commercial real estate (CRE) industry and
real estate companies are leveraging on big data technology to identify
customer choices and build robust customer relationships. Big data is a large
data set that can be analyzed to gain deeper insights into consumer behavior
and market dynamics and enhance decision-making process.
CBRE Group was the largest
competitor in real estate market in 2017, with revenues of $13.1 billion for
the financial year 2017. The company was founded by Colbert Coldwell in 1906
and is headquartered in Los Angeles; CA. CBRE group’s growth strategy is to
maintain its market position through acquisitions. In the year 2017, the
company signed a definitive agreement to acquire a majority interest in Caledon
Capital Management Inc.
The real estate market is segmented into Rental Activities
and Brokerage Services. Rental activities was the largest segment in 2017.
Request sample:
Real Estate Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $6000 for an individual user. To use across your office, the price is $9000 and $12000 if you wish to use across a multinational company.
About The Business Research Company
The
Business Research Company is a market research and intelligence company, which
excels in company, market and consumer research.
It has research professionals at its offices in the UK, India and
the US as well a network of trained researchers globally. It has specialist
consultants in a wide range of industries including manufacturing, healthcare,
chemicals and technology.
Contact Information.
The
Business Research Company
Europe:
+44 207 1930 708
Asia: +91
8897263534
Americas:
+1 315 623 0293
Email:
info@tbrc.info
No comments:
Post a Comment