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Deploying Technology For Real Estate Transactions : A COVID-19 Feature

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News

May 29, 2020, 7 p.m.

As the global impact of the coronavirus expands, real estate agents are finding creative ways to continue connecting to buyers and sellers.

Technology is powering the real estate industry in the midst of the COVID-19 pandemic. It is changing the real estate industry by making buying and selling a home possible across the world.

Virtual reality and tours provide a way for buyers to continue their property search from their homes amidst the COVID-19 pandemic and lockdown in countries across the world.

A 3D video-game style simulation makes it possible for buyers to have a view of prospective homes and does not compromise the actual sights and thrills of walking through the property.

My360 and Klapty are some softwares used for such virtual tours. In order to have one-on-one consultation with a real estate agent after the virtual tour, WhatsAp can be deployed to discuss and conclude the transaction.

On property ownership documentation the use of emails can be used to finalize paperwork to complete ownership documents. The internet makes it possible to be able to contract any kind of business especially in the wake of the COVID-19 pandemic and property acquisition is one of them.

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tag: real estate, covid-19, tech,

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Verny Joy Author

Verny loves to write poetry, fiction and quotes. Her love for writing landed her in journalism. She loves gadgets and travelling to explore new places.

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