How is the digitization of real estate shaping the future?

How is the digitization of real estate shaping the future?

There is an amazing video dating back to the 1960s called “The Home of the Future: Year 1999 A.D.” (The Home Of The Future: Year 1999 A.D.). In this video, a passage predicts what is to come. It shows a “housewife” talking to her husband and son via a video connection using VoIP which looks like a basic version of the Internet of Things. This home of the future integrates the use of technology to make life easier; it is exciting and novel. Now, in the first half of the 21st century, we find ourselves transitioning into a 4th industrial revolution. This revolution is expressed in the form of digitizing our way of life. From transport to health, education to manufacturing, everything we do and use is in the process of being digitally transformed. The digitization that we are seeing today created the “home of the future”, but in a way that we could never have really envisaged. Digitization has become involved in real estate and is in the process of transforming it. This digital transformation is definitive and global. It concerns all aspects of the sector – from construction to asset management, marketing to sales, as well as our home and professional environment. Continue reading