The Real Estate Industry Revolution

Selling a house is a very complicated process, with a variety of areas in which something could wrong and negatively impact someone’s experience. Technology is revolutionizing the way people buy and sell homes. The following are some of the newest trends in the industry that will continue to transform the process. The following are all trends that make up the current real estate industry revolution.

More Customer Access

Although having an agent will always be of key importance, especially when it comes to negotiations, consumers now have greater access to the process involved in purchasing a home. Much is the process is now automated, and customers can be directly involved by searching for properties online, setting online alerts, and receiving documents virtually.

Remote Settlements

More and more clients will begin signing documents online from remote locations. While selling and purchasing a house used to require all involved parties to be present at a single table, the process has completely changed. Now everything can be signed on a computer or phone. The ability to work remotely will transform the way that agents interact and build trust with their clients.

Virtual Reality

Not only will clients be able to determine settlements from a remote location, but they may actually begin to buy properties without ever visiting them in person thanks to virtual reality. Virtual reality software will do everything from allow clients to see their potential property in all hours of daylight to let them virtually add furniture to a room. Soon prospective buyers will be able to virtually view countless houses without ever having to leave their realtor’s office.

Blockchain

The future will see blockchain playing a stronger role in the real estate industry. The technology will create a lightning-speed transactional experience. Even very high amounts of money will be able to be moved within seconds. Blockchain could also transform records, including lease histories, record transactions, and title histories. Whether or not the platform becomes highly widespread will depend on if blockchain can become more user-friendly.

Transparency

Thanks to expansions in technology, data is more accessible than ever before. As a result, clients expect complete and accurate information as soon as possible. It’s in real estate agents’ best interest to provide their clients with data in good time. This information will help customers take action. Information such as performance data, historical property data, and other analytics will help make the process more relatable, and encourage clients to feel equipped to make a faster decision.

New technology is revolutionizing the real estate industry. Real estate agents need to adapt to these changing times and stay ahead of the new trends.

Originally published on AlvinHopeJohnson.org

AR in Real Estate

So many industries across the board have experienced an impact from new technology, and real estate is one of them. Already, the way people purchase homes has changed from even twenty years ago, with the internet being one of home buyers’ primary tools.

 

Another tool that’s becoming increasingly in high demand is virtual (VR) and augmented reality (AR). Virtual reality, of course, is shows a completely digital world, of course, whereas “augmented reality superimposes digital elements on an image of the real world.” Augmented reality has changed the game forever when it comes to staging rooms and allowing people to tour potential homes without ever leaving their current location.

 

Below you can find just a few specific examples of how augmented reality is already starting to impact the real estate industry, and what you can expect to see as a result.

 

Time Saving

It takes time to show a house! It takes time to stage the rooms, to travel to and from the property, and between augmented and virtual reality, the issue is mitigated. Instead of having to set aside an entire afternoon, potential buyers can browse the home on their smartphones or computers, saving both the buyer and agent plenty of time.

 

Virtual and Augmented Reality Tours

Pictures of a house have never felt so real. By utilizing augmented or virtual reality, you could look for a home halfway across the world without so much as stepping foot in an airport. Of course, you can already see properties for sale, but until now, to experience them, you’ve had to physically be present. Soon enough? This won’t be a necessity.

Virtual Stagings

Staging a house takes time, and once a home is staged, you really can’t change it without spending hours to order new furniture, transport it, and arrange it. In the future, that could change. Already, Sotheby’s has come up with an augmented reality app called Curate, and what it does is allow users to to stage a room the way they want to see it. Both buyers and brokers are able to use it. All you need is an empty apartment or home, and the app user can customize the place’s appearance all while getting a physical reference point in terms of the layout. This is only one application of what will sure to be many to come, but already, Bloomberg is describing Curate as Pokemon Go but to catch couches instead of Pokemon.

 

Originally posted at AlvinHopeJohnson.org

Popular Neighborhoods in Austin

Austin, Texas is scattered all across lists featuring the best places to live. Its music scene, fantastic restaurants, and overall unique atmosphere is extremely attractive to residents and visitors alike. If you’re planning to move there, though, it’s a good idea to learn about the neighborhoods before making that jump.

 

Every Austin neighborhood has its own personality and there’s a fit for households in every stage of life. Here are some of the most popular neighborhoods throughout the city and why:

 

Barton Hills

Historic and well-established, Barton Hills rests only minutes from Downtown Austin and Zilker Park, giving the best of both worlds whether you’re in the mood to commune with nature at LadyBird Lake or go on a city adventure on Dirty Sixth. The homes in Barton Hills an eclectic mix of historical and modern, with some having been around since the 1930s, and others a more recent addition to the neighborhood. Although Barton Hills is practically in the middle of Downtown Austin, it still feels like a welcome respite from everything else around you.

 

Allandale

Allandale is a favorite of new residents and old, and it’s no surprise, given its lively, involved community, big open spaces, and spacious homes. It’s especially attractive to families thanks to its traditional feel, as well as all of the things to do around the area. Of course, there’s the nightlife scene for anyone interested, but there are also stunning parks of Old Austin to explore, and plenty of nearby small businesses that give Austin’s its charmingly quirky character.

 

Old West Austin

This neighborhood is in high demand as one of the ten Great American Neighborhoods as decided by the American Planning Association. Old West Austin has also been on the National Historic Register of Historic Places as of 2003; the community was originally developed between 1886 and 1953. You can see the history in the houses, which are like a timeline in and of themselves. Old West Austin is also home to the Clarksville community, which was founded by freed slaves after the Civil War.

 

Lakeway

If you’re a golfer, Lakeway is a perfect option with great homes, quality schools, and nearby natural parks. Currently in the works is the Lakeway Resort and Spa, which promises a relaxing break from the bustle of everyday life. Although Lakeway doesn’t have much in terms of history, it’s a vibrant place to call home complete with stunning views of Lake Travis.

 

Originally posted at AlvinHopeJohnson.org!

Popular Neighborhoods in Dallas, Part 2

Dallas is a big city, and with that size and extensive history comes a rich and diverse range of cultures. No one neighborhood in Dallas is alike, and chances are that you can find a spot that suits your personality and preferences. Here are some of the best neighborhoods to settle down in Dallas.

 

Casa Linda

 

One of Casa Linda’s biggest selling points is the sense of generational community the neighborhood offers. First established in 1939, many of the residents have been here for decades, and that multi-generational feeling extends to the design and architecture of the neighborhood as well. Vintage homes dominate the neighborhood, and their large lawns and towering trees evoke a time before developers began trying to pack as many houses together as possible. Casa Linda is also near White Rock Lake, making it an ideal choice for those with a passion for the great outdoors.

 

Hollywood Heights and Santa Monica

 

While Hollywood Heights and the adjoining region of Santa Monica may not be the most famous neighborhoods to bear those names, they’re well regarded as some of the best places to live in Dallas. The Tudor-style architecture that first found footing during its development in the 1920s has been preserved well, and there’s a real sense of community that’s reflected in the frequent festivals and events – both formal and informal. Lakewood Elementary services students in the district, and its high rating makes it an appealing prospect for young families looking to settle down.

 

The Park Cities

 

Despite consisting of two separate suburbs, Highland Park and University Park, these self-governed suburbs have become some of the most venerated areas to settle in the Dallas-Fort Worth area. That self-governance combined with the high wealth of its residents means that community projects are well and generously funded. Combine this with an impressive school system and upscale dining and shopping experiences, and you have a neighborhood appealing to singles and families alike. A highlight is Highland Park Village, a town square that’s been designated a National Historic Landmark.

 

Glen Abbey

 

Chances are you won’t find a neighborhood more exclusive than Glen Abbey. First developed in the early 2000s, this gated community is home to roughly two dozen residents. Sequestered away among bright green hills, most would never imagine that it’s located conveniently in the heart of Dallas. The close proximity of Bent Tree Country Club provides opportunities to socialize without even having to get in your car, and White Rock Creek is right around the corner as well.

 

Kiestwood

 

The biggest and most obvious draw of Kiestwood is the presence of Kiest Park. Sprawling out over 248 acres, it’s one of the most striking and scenic stretches of greenery inside the Dallas city limits. The neighborhood consists of over 400 homes tucked away from the hustle and bustle of big city life, but that doesn’t mean that the greater Dallas area isn’t accessible. The Bishops Art District is right around the corner, and downtown Dallas is just a short commute away.

 

Originally posted at AlvinHopeJohnson.org

Popular Neighborhoods in Houston, Part 2

​Houston, Texas has so much to offer as a city, and each neighborhood has its own vibe to experience. If you’re moving into the Houston area, consider checking out these affordable and convenient style communities:
Katy
The average home price for living in the Katy neighborhood in Houston is approximately $182,000 to $335,000. The deciding factor for a majority of people interested in living in this area is their family life. People often move here with their spouses or partners, and/or their children and extended family members. This area provides housing with enough space for multiple tenants and comfortable living with nearby parks and attractions. It lies in a small part of Houston that has a tightly knit community where neighbors can all rely on each other in their time of need.

The Heights
The average home price for living in this neighborhood is a bit more expensive, running anywhere from $445,000 to $449,000. The deciding factors for the residents in this area are being able to have a house with a yard and being in the loop with the rest of the community. You are able to have your own house and private lives for your family, but you won’t be left out of the events or community gatherings in the nearby city.

Montrose
The average home price for living in this neighborhood is $615,000. The deciding factors for the residents in this area are the urban and more open minded vibe that they receive from the community. New couples often move into this neighborhood to get a more modern experience and explore their surroundings to adjust to their new lives.

The Woodlands
The average home price for living in this neighborhood is from $489,000 to $756,000, which is higher than the other homes listed. The deciding factor for a majority of residents in this area is being able to seclude yourself while surrounding yourself with well-maintained nature and parks.


Tanglewood
The average home price for living in this neighborhood is $1.64 million. Although this may seem like a major investment, it’s within good reason! In this neighborhood, neighbors report that their deciding factor is being able to explore the surrounding amenities with friends and enjoying themselves.

 

 

Originally posted at AlvinHopeJohnson.org