Wikipedia Entry- Influence of technology on real
estate
The influence of technology has
been scarcely documented because technology has taken massive steps in recent
years. The impact of technology comes in so many different ways but has really
come into play in the real estate business in the past seven years. Technology
continues to evolve real estate and will serve as a major influence to the
industry over the course of the next several years to come. It is important
that buyers and sellers take into consideration these changes and plan for them
in the future.
Solar technology
Solar panels have become a massive part of the real
estate business in recent years especially on the west coast and states that
see a large sum of sunshine. This technology has been implemented because it is
so much more energy efficient. Energy prices have gone up with the price of oil
and the price to energize a house in all areas had seen significant rises.
Solar technology has really began to make a massive stamp on the real estate
market.
The Internet
The internet is allowing people to now shop not only
globally in the United States but internationally all over the world right from
their home location. This is a massive change for the real estate market
because years ago before the internet there was no way of doing this. This allows
sellers and buyers a chance to capitalize on more opportunities more frequently
because they have so many more options available to them. The proliferation of
the internet is serving as a major convenience to the real estate market.
Offers can now be submitted online and buyer seller communication has become
much more fluid.
References
I think that you touch upon some major points within the change of technology. Your topic you choice is exactly what fits your persona. I think the next step to put in statistical facts/number as well as put in more highlighted terms throughout your paragraphs. Overall nice job.
ReplyDeletePatches-
ReplyDeleteGreat job with your Wikipedia entry. It is well written and organized and helps better explain the influence of technology on real estate. I agree with the wanderer89, some statistical facts and highlighted terms would give a little more of a Wiki feel. Your is still WAY better than mine! Keep up the good work!