Real Estate Technology
Real Estate Technology. According to ThinkRealty, “Iowa is the latest state to allow buyers to electronically close on a home, called digital closings, continuing a shift across the country to make mortgage transactions more efficient.”
Fully digital closings, digitizing a time consuming and paper-intensive process, are slowing becoming more commonplace in the housing industry. However, most states still have reservations around remote notarization. Remote notarization allows notary publics to use web cameras to conduct the notarization process instead of the signer being physically present in the same room. A notary public is a state public official that helps deter fraud.
More real estate technology — or proptech — is being introduced into the real estate industry. Already we have:
- REDFIN REAL ESTATE. This app comes with an accurate database of MLS real estate listings, which are updated every 15 minutes to give users the most accurate information possible.
- REAL ESTATE & RENTALS – ZILLOW, The app is a comprehensive toolkit of useful tools, including mortgage calculators, access to foreclosure listings, and the ability to get pre-approved for a loan.
- PREMIER AGENT. An application from Zillow, whose purpose is to help agents manage their leads. The app also allows agents to add a video walkthrough before the listing is posted online, using the new Property Search feature.
- TRULIA REAL ESTATE & RENTALS. Trulia is an online residential real estate website and app that makes it possible to search for houses using keywords or MLS numbers; perform custom searches by price, lot size, number of bedrooms and bathrooms, or neighborhood; and use GPS to quickly
- REALTOR.COM REAL ESTATE, HOMES. One feature that you don’t find anywhere else is the ability to pair Realtor.com with Google Chromecast to stream the content of the on your TV. It goes without saying that this way of searching for the right apartment or home is much more comfortable than squinting at your smartphone.
Then you have new technologies to help a senior caregiver from Reviewed.Com.
- TRICELLA SMART PILLBOX. Seniors often have strict medication regimens to follow. With this smart pillbox, you’ll receive smartphone notifications if your loved one forgets to take their pills, or accidentally takes the wrong ones.
- BLIP BLOOD PRESSURE MONITOR. This smart blood pressure monitor can help you keep track of your loved one’s vitals. You’ll automatically receive updates no matter where you are!
- RING VIDEO DOORBELL PRO. Let seniors see who’s at the door before they open it. The Ring Video Doorbell sends alerts to the seniors’ smartphone when someone is outside, and they’ll even be able to see who it is before opening the door.
- LOK8U FREEDOM WATCH. Dementia and Alzheimer’s patients can sometimes wander away from their homes, a major source of worry for caregivers. Like the electric fence installed for dogs, the Freedom Watch was designed to monitor seniors prone to wandering.
- iHealth GLUCO-MONITORING SYSTEM. Get blood sugar readings delivered to your phone. Similar to the blood pressure monitor, the iHealth Gluco-Monitoring System allows seniors to sync their readings to a smartphone and send the data to caregivers or doctors.
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