RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Living in the Future: 4 Tech Trends to Test in 2023

Home Agents
By Jesse Williams
February 5, 2023
Reading Time: 3 mins read

Many real estate agents are quick to succumb to so-called “shiny object syndrome,” or the need to try out every latest and greatest invention. But that doesn’t mean every shiny object is useless or a waste of time. Many tried-and-true apps, software or tools started off as trendy, seemingly novel ideas before becoming foundational to many agents’ businesses. If you are someone who wants to be one of those early adopters, with a home screen or desktop cluttered with flashy tech, you might feel cautious about jumping right into another fiery app infatuation this year. At the same time, you don’t want to miss out on something that could really shake up the real estate world.

Here are four tech trends that you should look into, which could reshape your business in 2023 (and beyond):

AI-generated writing

A tool created by OpenAI (a company which boasts some huge names, including Elon Musk and Microsoft as backers) called ChatGPT is making waves this year already. Designed to simulate real, human conversations—you type, and the AI responds. But some savvy real estate agents have seen another purpose for the tool—writing listing descriptions. With just a few keywords, the bot has served up what (to some) is a functional, eloquent summary of a property. Whether this program is a game-changer or just something to play around with, the power of this AI is clearly catching the attention of many in real estate.

Traffic tracking

One question almost everyone asks when buying a home: how is the traffic? In the past, you would have to drive the commute at the proper time and see for yourself. But over the last year or so, navigation apps like Google Maps have begun providing granular data not just at the current time, but for any day or time you choose. But beyond that, more companies are leveraging public or crowdsourced data. Want to see speed traps in the area or tune in to live traffic cameras? There’s an app (or website) for that. Many states and cities also offer apps or alerts regarding local road conditions, including planned construction, which can help inform both you and your clients about long-term driving challenges in your area.

Limited virtual spaces

With the ambition of a large, open-ended metaverse somewhat fading in 2022, some new, more curated experiences have started to emerge. Twitter’s “Spaces” feature, or apps like Clubhouse allow you to join live audio “rooms” to chat with people nearby, or those with similar interests. Other services like Teemyco or Roam create simple, persistent virtual offices, where you can check in and out of rooms and join meetings without any of the messiness of a videogame-like metaverse. Whether you are looking for broader connections to your community or the next step in virtual work, it might make sense to start smaller this year.

Augmented reality

Virtual reality is great, but a lot of people still want to keep one foot on the ground. Enter “augmented reality,” or AR, which provides information or entertainment projected onto the real world, in real-time. This technology is still far from where sci-fi movies have suggested it could go—but imagine wearing glasses that show you the pricing history of a house or estimated renovation costs for kitchen counters, right in front of your eyes? Unfortunately, Apple recently delayed its much-anticipated foray into “mixed reality” glasses this year over technical issues, meaning these features may be further away than many hoped. But for those who believe in the AR future, there are several options available today that offer live video streaming, voice commands and hologram projections.

Like any other bleeding edge tech, much of the hype is likely to fade on these emerging trends, and only time will tell what will prove useful (or in what ways). But anyone who is trying to stay one step ahead of the next year’s (or next decade’s) innovations shouldn’t dismiss any of these offhand or ignore their near-term potential to shake up the real estate industry.

Tags: Apple GlassesAugmented RealityChatGPTFeatureReal Estate Business DevelopmentReal Estate TechnologyReal Estate Trends
ShareTweetShare

Jesse Williams

Jesse Williams is a senior editor for RISMedia.

Related Posts

RISMedia’s 2023 Real Estate Newsmakers: Meet the Influencers
Agents

RISMedia’s 2023 Real Estate Newsmakers: Meet the Influencers

March 22, 2023
Rent Growth Slows to Nearly Two-Year Low in January
Agents

Rent Growth Slows to Nearly Two-Year Low in January

March 22, 2023
Mortgage Applications Increase for Third Week
Agents

Mortgage Applications Increase for Third Week

March 22, 2023
NAHREP Announces 2023 National President and President-Elect
Agents

NAHREP Announces 2023 National President and President-Elect

March 22, 2023
10 Prospecting Essentials from RPR®
Agents

10 Prospecting Essentials from RPR®

March 22, 2023
Pandemic Mobility Petered Out, New Analysis Finds
Agents

Pandemic Mobility Petered Out, New Analysis Finds

March 22, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tip of the Day

Build Predictable and Consistent Monthly Income!

Hire a Coach and Change Your Life™ Double your income with Sherri Johnson Coaching™! Generate a 10X ROI quickly Schedule your FREE Strategy Call today! Click here.

Business Tip of the Day provided by

Recent Posts

  • RISMedia’s 2023 Real Estate Newsmakers: Meet the Influencers
  • Rent Growth Slows to Nearly Two-Year Low in January
  • Mortgage Applications Increase for Third Week

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

Join Premier for as low as $30!

Join Premier
logo-rismedia-white
x
X