Apartment Trends Magazine January 2020 | Page 47

Pre-Sale Property Insights
Similar to the way IoT can perform predictive analytics
on maintenance issues, it can also provide commercial
real estate agents with an in-depth predictive analysis
of the whole property. This can serve as a “report
"Prospective buyers value the ability to see the
property as soon as possible as well as glean
the exact information they are looking for"
card” of the property’s value and agents can leverage
the advantages made present to improve sales.
As well, rather than physically visiting the property
multiple times to assess the conditions, prospective
buyers can use these accessible and reliable
analytics to make confi dent decisions.
The Smart Conclusion
In response to the introduction of Internet
of Things technologies into commercial real
estate properties, the market is evolving rapidly.
Businesses and buyers are looking for smart
workspaces that are elevated with technology that
helps increase effi ciency and lower costs. To meet
this demand, commercial real estate agents must
consider what IoT capabilities their properties have
to offer the market.
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JANUARY 2020
TRENDS | 45