Being involved in the real estate industry for 40+ years allows you to see how the industry has evolved from consummating a real estate transaction with a hand-shake and following through with what you said you would do to signing a contract online and never view the property or attend the closing. I remember past Commissioner Ray Goetsch of Midwest City, Oklahoma say that he remembered the good ole days when he created a contract over breakfast and sealed the deal on a paper napkin. Unfortunately those days are gone for the majority of us, but I believe it still occurs in some places of the world.
These thoughts came to me today after seeing on twitter the #realogyfwd summit where companies present and demonstrate the latest and greatest real estate tech tools designed to assist the real estate industry, licensees and consumers. If you are interested in the new technology presented at the summit go to www.realogyfwd.com and check out the lists of participants and their products.
The real estate industry is fortunate to have companies go out on a limb to develop new tools for the industry as new technology has transformed the way real estate is transacted today. Consumers are more knowledgeable and everyone involved in the transaction has a vast amount of information and technology available to them at their finger-tips. Try something new today.