Real Estate Technologies. Stage requirements
Abdulaziz Alissa
The report issued by the National Transformation Program (NTP) recently highlighted the significant and influential role that technology has played in the transformation of the real estate sector into a digital sector; to keep pace with the huge leap that occurred in the corridors of economic activities, which promises a radical change in the map of the sector; this requires serious and effective work to make real estate technologies the basis for dealers in this vital activity; not to tweet outside the Vision 2030 that we started harvesting its fruits.
Real estate technologies have become the basis for those who deal in this vital activity; so as not to be twittering outside the swarm of the Vision 2030 that we started to harvest the fruits. <For example, the license has become no more than 3 minutes for the applicant to wait while drinking his cup of coffee anywhere, and the duration of real estate emptying electronically has been reduced to less than 60 minutes, in addition to the verification and disclosure of real estate information through the technologies of the sites provided and worked on by the competent authorities, and then selling, buying and bidding through the real estate exchange, which represents an ambitious ceiling During the first week of launching the stock exchange, about 61 million square meters of real estate in various regions of the Kingdom were traded in 17 thousand transactions with a value of more than 17 billion riyals, as well as the Ejar program, which regulated the rights and duties between the owner and the tenant after digitizing 180 million real estate documents from records, controls and transactions. These data are part of the products of real estate technology, which enjoys an integrated system that offers its various services and products by providing digital solutions and various innovative methods that glorify the work of the real estate field.
The private sector has no choice but to enhance its tools and work method with more technologies to increase its chances of presence in the market. Well, companies specialized in organizing auctions have started to activate electronic auctions and take advantage of the platforms that provide this service, and other real estate applications that will form a self-contained sector within the real estate economy; so taking advantage of scientific innovations is a necessity and not a luxury, otherwise the traditional dealing in the sector will be like living medieval life in the age of globalization and information explosion.
Real estate technology is part of the products of real estate technology that has a system that offers various services and products by providing digital solutions, and various innovative methods to improve the work of the real estate field.
