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Covid-19 Is Changing Brokerage

Construction Week

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June 2020

Rahul Phondge believes that Covid-19 will alter many of the existing systems and change them forever

- Rahul Phondge

Covid-19 Is Changing Brokerage

Even as lockdowns are gradually be-ing lifted to aid economic recovery, both property sellers and buyers will remain wary of doing things the old way. Real estate broking firms across the globe now rely heavily on technology to continue doing business to the backdrop of a major pandemic with no clear end in sight.

USE OF TECHNOLOGY

In particular, customers' ability to view properties from the comfort and safety of their homes has been a major breakthrough. For this, real estate brokers have begun using drones to provide unique perspectives of both residential and commercial properties. Drone cameras can capture still images, videos, multiple overhead map images, and even 360-degree panoramas - a lot more than the human eye can.

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