The commercial real estate market has been around for ages, but it is changing. The world is ever-growing and evolving, and so must our industry. With the advent of technology and the convenience and efficiency it brings, commercial real estate is proving itself to be a pillar of society. Technology has infiltrated most aspects of modern life, and commercial real estate is no exception.
With the help of technology and mobile devices, this process has become easier than ever before. Technology is making the process of completing a business transaction faster and more convenient than ever before. Savvy commercial real estate agents at Corpus Christi see these advancements as a boon, not a detriment to their profession.
They work firmly with their clients to find commercial real estate Corpus Christi properties that are well-suited to them, and they are open to new technologies that streamline the process.
Technology Is Changing the Commercial Real Estate Game
Clients increasingly want to be able to look for properties online before engaging the services of a commercial real estate agent. To that end, agents are becoming more and more open to technology and willing to embrace new ways of showing properties.
Here are a few methods for taking a digital-first approach to commercial real estate searching that may help you save time and money. Also it provides clients a better experience.
Virtual Showings
Virtual showings have been a staple of the commercial real estate property field for some time now, but they have grown more popular as technology has grown. It allow a would-be tenant to tour a property without ever setting foot in it.
The agent takes photos and videos of the space and puts them online for clients to watch from the comfort of their home or office. Virtual showings provide clients with a complete picture of the property. And allow them to get a feel for the place without leaving their own building.
Interactive Floor Plans
In the past, a client would have to make a list of priorities and preferences in order to show an agent what they want. They would then be matched up with the properties that best match their needs, and it would be up to the client to determine which was best.
Today, floor plans are being digitized, allowing clients to have an interactive floor plan sent to their phone or computer. With an interactive floor plan, clients can point out features they like and dislike while agents work their magic to find the best possible fit.
In addition, this allows agents to provide a more detailed analysis of the property without taking up too much of their client’s time.
Online RFPs
Real estate transactions need a tremendous amount of paperwork and document preparation. It can be time-consuming, and it takes a lot of resources.
Now, online RFPs allow clients to submit a request to multiple agents at once without having to fill out a mountain of paperwork. As a result, Online RFPs make things much more convenient for the client, and they give agents more time to focus on finding potential properties instead of spending time on paperwork.
Mobile Applications
Mobile devices are now a requisite part of our lives, and they want to remain that way. This means that any commercial real estate agent who is not taking advantage of mobile technology will fall behind.
Realtors in Corpus Christi, TX, are using mobile applications to share virtual tours, floor plans, and location mapping.
Mobile apps allow agents and clients alike to make the most of their time and resources. They can look at properties on the go and in transit and take virtual tours of prospective spaces while commuting to work or other engagements.
Online Platforms
Every day, more and more people are beginning to turn in the ways of technology and embrace it. Real estate agents that want to stay relevant must follow suit, which means providing clients with platforms they can use to search for properties.
Facebook and Instagram are quickly becoming the preferred social outlets of the younger generation. Savvy agents are using them to connect with clients.
For instance, agents used to print out photos of listings and shuffle through piles of papers to show their clients the best properties. No more! Now, you can scroll through pictures of listings on your mobile device and choose the ones that best meet your needs.
Information at Your Fingertips
Agents are using technology to provide their clients with more detailed information about properties. They also use it to obtain more information about properties. Commercial real estate is an industry that relies heavily on numbers, and sifting through data can be a time-consuming process.
Thanks to technology, agents are able to analyze data quickly and efficiently. They can use an online research portal to access up-to-date property information. And provide their clients with a more detailed breakdown of the property.
An agent who is willing and able to use technology in their work has a much better chance of staying competitive. Technology provides agents with the ability to find properties more quickly. And find companies that are looking to expand or relocate, and provide their clients with a better overall experience. The real estate boom is on, and digital tools are leading the way, making investing in commercial real estate a good idea.
How Commercial Real Estate Agents are Embracing Technology
Commercial real estate agents have been embracing new technology for years. In order to streamline the process and work more efficiently.
In addition, many agents have been taking advantage of virtual tours to give clients a better idea of what properties will look like before they even step foot inside. Finally, agents are starting to use automated RFPs to simplify the process for both themselves and their clients. In the future, commercial real estate agents will have to embrace new technologies to keep up with their client’s expectations.
Bottom Line
Commercial real estate is evolving, and the future looks bright. Technology has made our lives easier in many ways, but it has also simplified the commercial real estate process.
It is quickly moving into the digital age, allowing agents to focus on their clients’ needs rather than on paperwork. Also, the future of commercial real estate in Corpus Christi will be shaped by mobile apps and virtual tours. The days of a paper-based leasing process are rapidly coming to a close. And it is going to require brokers and agents who can embrace technology to stay ahead of the curve.
