In-house massages are but a distant memory. But despite this slowdown, when it comes to technology, real estate can run but can t hide. An enormous amount of time and money has been invested in real estate technology with the result that it is having a profound effect on how today s real estate professionals are conducting business. Ask 10 industry experts those questions and you re likely to get 10 completely different responses. But one thing is clear.
Technology is a force to be reckoned with.
In this summary, some of the industry s major players provide their thoughts on technology and real estate-past, present and future. About Innovation Technology is about risk taking, innovation and entrepreneurship, noted Brad Inman, CEO of HomeGain during Real Estate Connect s 2000 Conference. Too many want to hold onto old business processes. As a result, they are underserving the consumer. Dr. Ed Yardeni, Chief Economist with Deutsche Banc Securities seconded that appraisal explaining that You have to constantly innovate in order to give consumers what they want.