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Digitalization of Real Estate Industry
Digitalization of Real Estate Industry
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Digitalization of Real Estate Industry
The real estate industry has been rapidly evolving in recent years with the adoption of digital technologies. The digitalization of the real estate industry has transformed the way properties are bought, sold, and managed. It has also made the industry more efficient, transparent, and accessible to a wider audience. In this article, we will explore how digitalization has impacted the real estate industry.
One of the significant changes brought about by digitalization is the availability of online real estate listings. Real estate portals and apps such as Zillow, Redfin, and Realtor.com have become popular platforms for buyers and sellers to search for properties. These portals provide buyers with access to a vast range of properties, allowing them to search for homes based on location, price, and other criteria. Digital platforms have also made it easier for real estate agents to market their properties to a broader audience and reach potential buyers.
Digitalization has also revolutionized the process of property transactions. The use of electronic signatures has made it possible to complete contracts and agreements online, eliminating the need for physical paperwork. Digital tools like DocuSign, HelloSign, and SignNow have made it easier for buyers and sellers to sign documents from anywhere, at any time.Digitalization of Real Estate Industry
Another significant impact of digitalization on the real estate industry is the use of virtual tours. With the advent of 3D technology, virtual tours have become an essential part of the buying process. Virtual tours allow potential buyers to view properties remotely, saving time and money. They can also get a better sense of the layout and features of a property, helping them to make more informed decisions.
Digitalization has also improved the efficiency of property management. Property managers can now use software to track lease agreements, rent payments, maintenance requests, and other tasks. This has made it easier for property managers to stay organized and provide better services to tenants.
The use of big data and artificial intelligence (AI) has also transformed the real estate industry. Real estate companies can use big data to analyze trends, patterns, and market data, providing them with insights into buyer behavior and preferences. AI-powered tools can also help real estate agents to identify potential leads and target them more effectively.
Digitalization has also made it easier for investors to invest in real estate. Crowdfunding platforms such as Fundrise, CrowdStreet, and RealtyMogul allow investors to invest in real estate projects with small amounts of money. This has made real estate investments more accessible to a wider audience and democratized the investment process.Digitalization of Real Estate Industry
In conclusion, the digitalization of the real estate industry has brought about significant changes, making the industry more accessible, efficient, and transparent. Online listings, virtual tours, electronic signatures, and AI-powered tools have made the buying and selling process more comfortable and streamlined. Digitalization has also improved property management and made real estate investments more accessible to a wider audience. The adoption of digital technologies is set to continue, and the real estate industry will likely see more changes in the years to come.Digitalization of Real Estate Industry
Digitalization of Real Estate Industry
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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