The next generation of electrical contractors is transforming their traditional business model by embracing smart home technology, according to Dan Ross, VP at smart home technology company Brilliant. This shift represents both a cultural change and a significant business opportunity in an industry historically focused on basic wiring installations. The New Face of Electrical Contracting ...
The traditional home inspection report filled with static photos and technical jargon is becoming obsolete, according to one industry expert who argues that video documentation is revolutionizing how property conditions are documented and disputes are resolved. “A picture is worth 1,000 words, but a video is worth 10,000 and provides irrefutable evidence as to what ...
The construction industry is undergoing a fundamental transformation, with leading firms increasingly viewing themselves as technology companies that happen to build things, according to Mike Pierle, Chief Operating Officer of Construction at Clayco. “We kind of view ourselves as a data company,” Pierle says. “We utilize information to empower the men and women on site ...
New data reveals how technology is reshaping mortgage customer experience while maintaining the importance of personal relationships Mobile technology is revolutionizing mortgage lending satisfaction, but not in the way many might expect, according to new research from J.D. Power. “Mobile interaction drives a better experience across the board,” says Bruce Gehrke, Director of Lending Intelligence ...
The commercial real estate financing landscape is undergoing significant changes, with office properties showing renewed strength and technology bringing new efficiencies to the industry. Abraham Bergman, president of Eastern Union Funding, offers insights from more than two decades in mortgage brokerage, with experience across 42 states and a broad range of transactions. From Modest Beginnings ...
The mortgage technology landscape is experiencing a significant shift as high interest rates and market constraints drive innovation in documentation and lending processes. Traditional barriers that once required expensive attorney involvement for every transaction are giving way to technology-driven solutions that maintain legal compliance while reducing costs and complexity. This change is particularly evident in ...
The workforce housing sector faces a fundamental challenge that extends beyond rent collection and maintenance requests. While property management technology has evolved to streamline operations, most solutions focus on efficiency rather than the human element that makes rental communities thrive. OneWall Communities is taking a different approach, developing proprietary technology designed to foster genuine community ...
The rise of artificial intelligence and large language models (LLMs) is forcing real estate data providers to confront a pivotal strategic decision, according to Jonas Bordo, CEO of rental marketplace Dwellsy. The industry faces a challenge similar to what the music industry encountered with Napster: how to adapt to new distribution channels without undermining their ...
The global real estate market represents the world’s largest asset class at $654 trillion, generating $18 trillion in annual transactions. Yet despite its massive scale, it remains what Michael Gerrity, Founder, CEO & Chairman of World Property Ventures, calls “the most fragmented, archaic, high friction, high fraud, least democratized industry in the world.” Gerrity believes ...
The explosion of hospitality technology options has created a “paralyzing” situation for independent hotels trying to build effective digital operations, according to a leading industry expert. Jennifer Barnwell, President of Curator Hotel & Resort Collection, says the complexity of choices is creating unexpected hurdles for boutique properties. The Technology Maze “If you need a property ...
Commercial real estate owners are unknowingly giving away millions in value by letting vendors control and monetize their buildings’ operational data, according to one industry expert who sees a critical blindspot in how properties are managed. “That data is yours, Mrs. Or Mr. Portfolio holder, Mrs. Or Mr. Property holder. It is not your vendors,” ...
The traditional self-storage model of large, staffed facilities on city outskirts is becoming increasingly obsolete as urban demographics and living patterns evolve, according to one industry expert. “More and more people are going to be moving into city centers. Everyone’s going to be living in relatively small buildings, cost of housing just goes up and ...
Infrastructure expert says developers’ “pipe in, pipe out” mentality threatens new construction viability The American real estate industry faces a looming crisis that few developers are discussing, according to Kimmerly Nace, CEO of Brightwater Tools. A staggering 15% of U.S. wastewater treatment plants have reached or exceeded their capacity, threatening future development and existing properties. ...
Energy storage projects are becoming the frontline defense against environmental inequity in urban neighborhoods historically burdened by polluting power infrastructure, according to a senior executive at NineDot Energy. Sam McGarvey, who leads origination and project development at NineDot Energy, argues that battery storage facilities play a crucial role in protecting vulnerable communities from harmful emissions. ...
Anthony Viviani, CTO and AI Officer at iKenekt, argues that even as artificial intelligence transforms real estate investing, the human experience must remain at the forefront of technology development. “Take a process that’s traditionally been complicated and maybe even intimidating for some people, and make it clear, intuitive, empowering,” Viviani says, describing his company’s approach ...
