Some areas of the real estate business still rely heavily on shuffling paperwork. Mortgages come to mind as one part of the industry still stuck in the past. In order to move ahead, real estate companies in every corner of the sector will need to digitize processes in order to make them more efficient and cost-effective.
In the process of buying and selling real estate, one essential task that must be accomplished is the transfer of a clean property title. That means, the property that is associated with the title must also be free of any liens or encumbrances.
Trend setters set trends, and the new corporate headquarters of Facebook, Google and Apple will certainly inspire design elements that will find expression in other office sites. Of course, no one scouting for a new space for their company expects to find a circular building that looks like a spaceship, but those looking for office space will value these other features.
From artificial intelligence (AI) to digital banking, the financial sector has been disrupted. Alternative lenders have been legitimized, traditional banks are jumping on the mobile app bandwagon, and even the insurance industry is being touched by revolutionary technology, which is forcing it to reinvest itself.