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Home » Why is real estate tech attracting attention?
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Why is real estate tech attracting attention?

i2wtcBy i2wtcMay 17, 2024No Comments4 Mins Read
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At this year’s The Gathering, every room seemed to share a certain topic. Conversations at panels, roundtables, presentations, and everywhere in between seemed to trend toward the same general topics.

How can you make the most of a market that continues to offer as many challenges as opportunities?

Expectations of real estate professionals are higher than ever, along with mortgage rates, how long properties stay on the market, and the percentage of properties that are off-market. According to recent data from McKinsey, today’s consumers are carrying the expectations they receive from other industries into their real estate experience, with 71% of consumers saying they expect the companies they do business with to provide a personalized experience. I look forward to sharing with you. Furthermore, 76% of consumers say they would be frustrated if these expectations were not met.

As a result of all this, it makes perfect sense that real estate professionals across North America are turning to the latest technology developments to make the most of every moment of their work. We hope that innovation meets expectations and proliferates accordingly.

The question arises: How can today’s technology respond?

From brokers to managers to affiliated agents and more, real estate professionals rely on their own set of proprietary applications, systems, types of data storage, and sets of passwords and personal logins to do their jobs. . But even with integration, many professionals still have gaps in their processes that they spend time with other resources trying to resolve. It turns out that more is not always better in this case.

In fact, a Lone Wolf study conducted in late 2023 in partnership with T3 Sixty found that brokerages use an average of more than 20 different pieces of software in their business. This, more than anything else, says a lot about the amount of work that goes into the software. , rather than how much work it does for individuals and businesses today.

This is an issue that many professionals in real estate and other industries can recognize in their daily work and career progression. As new trends gain momentum and new technologies become available, between updates and editions, versions and programs with questionable compatibility, experts also handle onboarding and offboarding.

We believe that real estate doesn’t need more software, it needs better software.

We at Lone Wolf have seen this day coming for a long time. All around us, technology is becoming more sophisticated, sophisticated, and has more features and functionality. And, sure, some things have become simpler. As much as we see something completely new, we also see new versions of what was the biggest news of last year.

We’ve been looking forward to the day when real estate professionals realize they need better tools, not more.

The day has come. We have been preparing for that.

We reflected on our 35 years of experience creating real estate software.

We’ve listened to our partners and customers and asked them what works and what doesn’t.

We reduce the pressure on real estate professionals from additional steps at every stage of the process, such as data duplication, printed documents, and paper checks. We’ve been building connections.

And this year, we proudly introduced better, smarter software: Lone Wolf Foundation.

We were thrilled to present a complete end-to-end experience demo at the Gathering and T3 Sixty Tech Summit. And now we’re excited to show what the future holds for the rest of the property.

Change is coming. Be the first to find a new generation space.

The Lone Wolf Foundation is Lone Wolf’s end-to-end platform, which launched this year and brings the real estate experience together in one place.

With one login, dashboard, and workflow for customer solutions, this is a true platform, not a product suite or package deal. That means:

  • Increased efficiency and productivity
  • End-to-end experience
  • Flexibility for users to choose the products they need
  • Cloud-based technology that ensures scalability, mobility and security
  • User-first experience

What’s next?

Now is the right time to take a meaningful step, and this year’s event will provide the resources to help our company make the most of today’s market, as well as help our company move for the better with the market. It was an appropriate opportunity to share our strategies. tomorrow.

Discover tomorrow, today.

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