An Overview Of Technological Trends In Commercial Real Estate – DC Fawcett

Roughly, eighty percentages of tycoons point their monetary victory to real estate, of which commercial real estate takes so much of weightage. According to DC Fawcett Technology directly persuades production functions in commercial real estate, which in turn scales up the efficiency of the factors of production which includes land, labor, capital and entrepreneurship. Having said that, this is very much reflected in the application of technology to the production and function of real estate! In several studies the most significant demonstrations of technology in real estate have been highlighted which includes:

 Technological-Trends-In-Commercial-Real-Estate

  • The progress of new and enhanced consumer goods
  • Shipping technology
  • The construction technology
  • Financial engineering
  • Innovations in manufacturing systems and
  • The growth of the internet.

Intensifying Competition on all Fronts:

Almost every aspect of Investing, fundraising and enlisting in corporate real estate is changing because of the escalating competition. The substantial investment invasion keeps afloat by low interest rates and explosive nature in the equity markets has paved way to remarkable rise in demand, thereby causing prices of commercial properties to get to soaring levels. In that event, competition has never been fiercer and it has been scaled up for fundraising. Institutional investors including banks, insurance companies, pensions, hedge funds, REITs, investment advisors, endowments, and mutual funds show concern only on the firms with the supreme best yields. With greater emphasis on better tools and visibility, if truth be told, there is also a combat for flair. Furthermore, with growth in the corporate real estate asset class, the complexity grows thereby creating a demand for elevated skill-set next generation leaders together with an expected change in the work environment.

Real-time data access demand:

When it comes to data and analytics, there is an elementary modification in expectations. Even though corporate real estate has always been data driven, as far as data and analytics is concerned, it’s been practically unattainable to cumulate and scrutinize that data at scale from isolated ERP systems and databases which is otherwise known as siloed ERP. Correspondingly, depicting portfolio-wide abstracts may call for hours of labor-intensive data aggregation together with a team of expert analysts.

With all that said, as a matter of fact, technology has by now transformed other industries – by means of better access to data and analytics, radically guileless user experiences, mobile applications and currently it’s gradually starting to have an impact on Corporate Real Estate as well.

Conclusion:

DC Fawcett VREIC is far and wide familiar as the leading creative thinker on real estate trends; impacting the real estate entrepreneurial dealing. The virtual real estate investing club is its hub where so many have benefited as a successful realtor. He has held a number of seminars which throw light on demanding real estate concepts. For more details, stay updated to his blog and read his articles to know how to get into a realty dealing which is scam-free.

Online Home Estimates -Are They Dependable? – DC Fawcett

Computers have made our lives wonderful;  they have made our lives more simpler. But have you wondered whether the set of steps followed can be a substitute to the astute thinking of the human mind? Well, now the topic of discussion given by  DC Fawcett VREIC is none other than real estate valuation.

Online Home Estimates -Are They Dependable?

You may be planning to sell off your home and would have certainly done some meticulous research. You may even used an online tool to give you the quick estimate. Well now the question of the day is whether these sites are really accurate in giving you the exact worth of your home? One of the drawbacks of using these sites is that they overprice the property. Or for that matter these sites will even undervalue the property.

Real estate valuation sites have some smart set of steps to estimate the worth of your property. But that doesn’t mean that it is always correct. In fact home values are impacted by several aspects and the things like public records can’t take note of everything. Can the latest home sales be the total determining factor for finding your home’s worth? Certain things like the home’s features, the likings of the potential buyers etc, can be taken into account only by a human brain. and also know about Deposit on Home Purchase.

Now let’s pose this question. Is there any latest sale of comparable homes in the vicinity? If not,  the chance of online estimate accuracy is quite restricted. It may be the case that the home has a distinct facet that the other properties in the area don’t possess. Also, the local market may also have seen a drastic change. These are just some of the factors that imply that the online estimate need not be accurate.

A qualified appraiser can guide you in knowing the true worth of your home. Or for that matter even a licensed real estate agent will help you in this case.

  • The online algorithms have chances of showing errors on the properties that had seen a total rehab. So these online estimates can be just useful when you just want a fast detail about the home.

  • By now you would be wondering why should you overly depend on these online sites. These online sites may not take into account various aspects that will have a profound impact on the value of your property. Now let’s look at some of these aspects.

  • The condition of your property is one important aspect of your home. In fact the condition of your property also plays a major role in determining the value of it.

  • Generally, a real estate agent will allot enough time to compare your property with those of the similar size and also life in the vicinity. This he does say for the last few years.

  • There are certain aspects of your house that your realtor will consider which the online estimate will not. You may have upgraded your facilities and these will be regarded only by the realtor.

  • The ongoing developments in your area will be known essentially by your realtor and an online estimate will not know this.

CONCLUSION:

DC Fawcett is the creator of Virtual Real Estate Investing Club. Here you can explore what is viable in today’s real estate market. He is adept at wholesaling, cash flow investing and rehabbing in virtual markets where he does not reside.

 

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Dc Fawcett – Emerging Trends In Luxury Real Estate For 2017

Emerging Trends In Luxury Real Estate For 2017There have been many shifts in real estate for the year 2017. Increase in home prices, a lack in the labor force, home stress creeping into the minds of many middle class people and so on are some of the trends seen in real estate for 2017. Now, there are some trends specifically relevant to the luxury real estate sphere. In this article, Dc Fawcett reviews emerging trends in luxury real estate for 2017.

Interest rates

The United States Federal reserve has raised the interest rates since they have predicted betterment in the economy of the United States. This will surely impact the luxury real estate market with heavier monthly mortgage payments. Payments for luxury real estate properties are already heavy and this will further add to their massiveness.

Luxury home buyers want perfect homes

Non-luxury home buyers just want the major fixes to be done. For instance: they will want a non-leaky tap, well kept windows and a non cluttered front yard. Luxury home buyers have more expectations with respect to the “perfect home” standard. There are many advantages in hiring a custom home builder.For instance: luxury home buyers may want a specific design for their potential homes. They may want the hall and the dining to be in the ground floor and rooms to be in the first floor. Thus, basically, luxury real estate home buyers will want every aspect of the prospective home to be perfect. There will a rise in this trend for 2017 and beyond.

Colors

Color trends for 2017 include

  • Green: Green is an attractive color and it can be added to the interiors of a luxury home. It will become the color trend for luxury home interiors in 2017

  • Earth colors: earthy colors can be added to walls and will contrast well with the green interiors.

  • Lapis blue: Lapis blue will feature majorly in furniture cushions and club chairs

  • Other colors are some super concentrated shades like flame oranges. These colors can be added to the ceilings and are highly noticeable.

Colors for luxury homes should be extremely pleasing yet alluring. This color trend will reflect in 2017.

Exclusive rooms for dogs

This trend has been seen surfacing in luxury homes and will continue for 2017 and later on. Pets need separate rooms. They can be bathed and cleaned there. When there are guests, pets can be kept in these parlors to avoid the disturbance generated from their anxious barks. Heating facilities, showers, dog beds and other crucial amenities for pets are sure to be included in these rooms.

More luxury homes to be purchased

More luxury homes are being purchased in the early part of this year since mortgage rates are expected to increase as 2017 progresses.Beach houses or water front property is becoming famous.

Construction costs increase and home prices too

Builders are required to pay more to laborers due to a scarcity and thus the luxury home prices increase.

Conclusion

These are some of the emerging trends in luxury real estate for 2017 and beyond as reviewed by Dc Fawcett. Real estate professionals must upgrade their knowledge about luxury real estate and face what is in store for them with ease.

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