Since the dramatic fallout of the major economic US recession around 2007, the real estate ecosystem certainly took some major blows. It’s taken years to slowly unwind the damage done and the post-recession effects still hurt. But, as technology evolved and finances stabilized, the real estate industry got a second wind, largely thanks to the steady integration of information technology.
IT in general is tremendously useful. The world is more and more connected with the growth of internet tech, and with major investments from power players like Google to create wireless access points, we’re only getting more connected. This said, the same is for the real estate industry. There are many reasons why it’s so crucial in any modern real estate platform.