Five Ways Robots Will Change Real Estate

A recent article from InmanNews discusess how robots could have an impact on real estate. It may sound like science fiction, but it’s not. Robots are about to be everywhere, including real estate. Robots are in the wild, cleaning up nuclear waste, sanitizing hospital rooms, and entertaining us all. How will they impact real estate? It’s anyone’s guess at this point, but here are five ways robots could impact real estate within the next five years.

1. New telepresence robots, like the ones from Double Robotics, will finally let us be in two (or more) places at once. Control the robot from your iPad and communicate face-to-virtual face with co-workers and potential clients. Send a telepresence robot along to an open house. Invite brokers and clients to attend previews from the comfort of their home or office. The possibilities of telepresence are limitless.

2. Robots like Romo could lend a helping hand. Need exterior shots? Send a Romo out to the street for wide angle views. How about a cameraman for your video? Check. Need a BPO? A Romo with some simple software can canvas a street and send back data while you meet with clients.

3. How about a robot who can issue conditional approvals and underwrite loans in real time? Robots with natural language processing could collect data from a client interview and, connected to an underwriting engine, produce financing options and approvals in minutes.

4. The issue of private drones is unfolding in front of our eyes. Federal, state, and local governments are racing to issue guidance on drone use; but no matter the outcome, drones will become fixtures in our skies. Depending on how legislation shakes out, drones could be used for aerial views, home fly-throughs and more. This is already happening with remote controlled quadcopters. The machines will handle it with a few taps on your iPhone tomorrow.

5. Robots could make finding the perfect home a breeze. Imagine a robot that could use information about your client, their Facebook interests along with some simple questions about their income, to query and sort MLS listings for the perfect place for them.

Of course, how exactly the future will play out is anyone’s guess; but one thing’s for sure, robots will be a part of it.

About The Sundance Company
Established in 1976, The Sundance Company has the experience to help you with your commercial real estate needs throughout the Boise Valley. If your requirements include property management, leasing, real estate development, project planning, construction or space planning then look to us. The Sundance Company has more than 1.5 million square feet of office and industrial space available in prime locations in the Boise metropolitan area. More information is available at www.sundanceco.com or 208.322.7300.

Advertisements
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: