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Author: Rachel Claire
The real estate industry contributes $3.5 trillion to the US GDP. While the industry is the largest asset class sector in the world, it has been relatively slow in embracing technology. However, disruptive trends are compelling players to go beyond conventional operations and strategies to drive profitability and provide better customer service experiences. We all
Accounts payable and receivable (AP and AR) services are key to effective cashflow management. Both AR and AP help understand and provide complete visibility into the financial health of a business. However, given the volume and complexities of the transactions, both these functions are becoming increasingly tedious to manage. The challenge is further compounded by
Real estate companies are increasingly adopting the process of lease abstraction that allows them to summarize essential business, legal and financial terms and conditions. A summary of key lease provisions makes it easy to locate and access information as per business requirement. However, the volume and complexities of commercial real estate leases can make the
‘Impulsive shopping’ isn’t a thing anymore. It’s just ‘impressive product description’ that drive purchases these days. An amazingly designed website, enticing high resolution photos with crisp and attractive product description is the perfect formula to persuade your customer to complete the purchase. Product description can be sassy, simple, funny or even direct. You can
E-commerce is becoming increasingly accessible and consumers are shopping on the go. The convenience of shopping anytime, anywhere makes online shopping a preferred medium of purchasing. Additionally, there are more stringent shopping and safety standards that assure consumers of a great shopping experience in a secure environment. However, despite all these, online purchases haven’t necessarily
As we enter 2019, real estate industry experts, researchers, and economists focus on the major trends that will dictate the commercial real estate industry in the next twelve months. Here is a quick snapshot of top six trends. 1.Opportunity Zones Craze is Here to Stay Many investors are eagerly waiting for the finalized guidelines from
Co-working is on the rise and has been drastically changing the way we use office spaces. It is no longer restricted to startups and small enterprises and is now a hot topic for the entire corporate real estate industry. According to a survey conducted at the CoreNet Global Summit 2018 in Boston, over the span
Digital travel sales are estimated to increase from $564.87 billion in 2016 to $817.54 billion by 2020. Such an explosive growth is fueled by the latest technology advances, especially Artificial Intelligence. Most hotels and resorts today rely on delivering amazing customer service as a way to build and grow brand reputation and AI is a proven
At the recent Retail Global Las Vegas 2018, the session on Amazon listing creation and optimization was one of the more popular sessions. Robyn Johnson of Bestfromthenest.com and Marketplaceblueprint.com shared insights on the listing process, strategies beyond giving a great product title and listing optimization. Amazon listing optimization is optimizing your product listing in such
It’s official. Industry experts at Europe’s Expo Real 2018 agree that there’s no better time than present to make AI part of a real estate business strategy for long term success. From valuation to decision-making, from fault detection to predictive energy utilization, from instant transactions to smart building maintenance, there is hardly anything that