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The Impact of Technology on Commercial Real Estate (Brokers Round Table)
Episode 173
Published 2 years, 1 month ago
Description
Key Takeaways:
Commercial real estate has been slow to adopt new technologies compared to residential real estate
Prop tech (property technology) is evolving rapidly, with new tools for things like 3D scans, floor plans, analytics, and more
The future of commercial brokerage is uncertain but brokers will likely still provide value as advisors on complex deals
Emerging technologies like AI, AR/VR, and flexible/short-term leasing models could continue to impact the industry
Data quality and accessibility remain issues, with opportunities for new platforms to improve on incumbents like CoStar
https://www.tylercauble.com/podcast/episode173