Impacts of technology on Irish Real Estate

 

Changes in consumer behavior and market conditions are slowly redefining the field of real estate technology. The Irish real estate market continues to expand, with investor interest keeping pace with the client base. Because this industry is unique, the technological impact on it may be felt in a particular manner. While this is going on, any real estate firm that wants to stay competitive will have to change. We can no longer ignore the evolution of real estate technology.

Moreover, individuals have remained at the heart of the service, advertising and advising customers on the best real estate property they buy or invest in using technology. Individual companies struggle to become undisputed leaders in the industry as it evolves to ensure customer loyalty, offering renewable energy solutions and intelligent houses beyond property products and services. Here are several ways in which technology can influence or is influencing the Irish real estate industry: –

Big Data: From driving business decisions to improving the customer experience, big data can significantly impact a company’s real estate. Many real estate companies collect a …

Read More

Technologies Transforming the Mortgage Industry in Ireland   

In Ireland, the mortgage industry has began a journey of digital transformation. The transformation has been fueled by the increase of home buyers who are tech-savvy, and the need to handle the challenges caused by the COVID-19 pandemic.

In 2020 alone, the mortgage industry was pushed into a new era of technology that arose due to simple necessity. When the virus began wrecking havoc in Ireland, most companies were reluctant to invest in technological tool. However, many lenders now understand the need to provide online mortgage solutions with an aim of appealing to the borrowers who are socially distanced. There are three major technology trends that mark major transform in Ireland’s mortgage industry.

The first in an increase in the adoption of Application Programming Interface (API) to streamline various business processes. APIs have began to help mortgage providers to improve their efficiency through the automation of their workflows and as a result, they have been able to guarantee the accuracy of their data while helping them comply with the Irish regulations. Without a doubt, the lack of efficiency in the …

Read More