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Future of Real estate

In real estate, there is a growing dichotomy: buyers are getting younger, while real estate agents are growing older.

Using the data one can note that while the median age of homebuyers was 39 in 2007, the median age among Realtors is 51. And, among first-time homebuyers, 49% were between 25 and 34 years old.
This could present a real problem for the real-estate industry, which despite the current overload of real-estate professionals, is actively trying to recruit younger real-estate agents. Younger agents will be needed to replace an aging workforce and to create inroads with a uniquely high-tech set of house hunters. Younger generation homebuyers are more independent and rely more on the Internet in the home-buying process than their predecessors did. One of the key concerns that every real estate developer is battling in today’s market reality is optimizing the effectiveness of their sales teams. Although the current climate is challenging and everyone looks forward to better days ahead, the fact is that a focus on better tools and process should be a factor in any selling environment.
1.Innovation through MOBILE TECHNOLOGY:
Continuing to blaze a path of innovation in the real estate industry, Coldwell Real Estate LLC recently became the first full-service national real estate brand to launch a customized online platform for iPhone users.
This Web site, www.coldwellbanker.com, now has a different look and feel, along with navigation specifically tailored for optimal viewing on the iPhone, most notably with the property listings search and home value estimator functions.
When a user accesses the site through his or her handset, the Web site automatically recognizes that it is being accessed by an iPhone and will serve up the special iPhone interface. iPhone users do not need to download any special software to benefit from this enhancement to the mobile technology.
This innovation Provides easy access to real-time real estate information is critical for consumers in the home buying and selling process Consumers will be able to enter specific search criteria such as city, state and price as well as optional filters including number of bedrooms and bathrooms making it much more detailed and efficient.
2.Innovation Through WEB 2.0
The new language, new tools and new ways of socially interacting to communicate. Most of these new words are creating new language to reflect the Enterprise of the Future, and reinforce we are in fact living in a new time.
Humans are evolving in their forms of communication and increasingly becoming more dependent on the web for all forms of personal and business interaction.
However, we are also in a generational gap that is widening, as most late baby boomers are not as familiar with Web 2.0 social mediated approaches to working; or if they are, they are rapidly scrambling to catch up.
Web 2.0 has an array of different applications such as mashups, crowd sourcing, wikis, blogs that are a common source of interaction and now tools to do business and have an edge over the other competitors. This helps in increase of customization, which is very essential in the real estate field.

3. Innovation Through Web Services API
To Find Objects Update We have enhanced the Find Objects (and, as a result, the Find Object) Web method to retrieve partial objects most of us often just need bits of data and not the entire object, which can be a heavy payload. Full object retrieval is still fully supported and no code changes are needed. But now, the BrightDoor Query Language supports a syntax that looks like the following:
Select p.Id, p.Name, p.UpdateDate,p.ListPrice, p.ListDate,p.ProductStatus.Id, p.Description from Product p

The above example an entity object is still returned. So for values that you do not explicitly select they are defaulted to their natural state. This may mean that when you have an object with seemingly invalid data, especially with dates and Booleans. However, the advantage is a much smaller XML payload and this should be a big benefit to those who just needs slices of data for your other business needs.
4.Innovation Through TOUCH SCREEN TECHNOLOGY
The first is that the transition from analog signage to digital displays is well under way, driven by solutions ranging from corporate communications to retail and every possible application in between. This trend has even given birth to a new organization called the Digital Signage Association. The other major trend is the revolution surrounding touch technology as a primary method of PC interaction. A technology once relegated to point of sale devices and public kiosks, touch displays are now taking root as the preferred method of interacting with applications and content. Suppliers are delivering touch-enabled displays for education, design collaboration and a variety of solutions targeting digital presentation. Within the touch technology realm, another trend of note is how suppliers are responding to the way people wanted to interact (customization). The Steven Spielberg film “Minority Report” provided a vision of how we might one day interact with and control digital media. Both user interface designers and AV suppliers are carrying that vision forward. Now we were able to intuitively interact with a large touch display to navigate a cityscape in real time, zoom into a building and watch live webcams from inside the structure. As development Z-axis support required for multi-tenant and commercial clients, this technology will provide an impressive way to display our solution a deeper knowledge of new AV products that could give customers a competitive advantage.
5.Innovation In SECURITY:
Security is a major concern regarding the data transformation through Internet. A new program that delivers cost effective and easy to use online security technologies that protect sensitive real estate data online and ensure this information is accessible only to authorized users.
RSA Security solutions enable members of the real estate industry, including Multiple Listing Service (MLS) organizations, to establish – with certainty – the identity of a person accessing MLS and transaction data online. A cornerstone of this program is RSA SecurID two-factor authentication solution, which organizations offer to members via a small device (called a “token”) that fits on a keychain and displays a six-digit numeric passcode that changes randomly every 60 seconds. Users enter the passcode along with a traditional password to access data online. Because users provide something they know (their password) and something they have (the token’s random passcode), the system ensures data are available only to authorized user.