When innovative real estate maps happens, it will happen without warning, since disruptive new technology in real estate, is just that….new and disruptive. When disruptive innovation in quality user-defined and user-selected variables of local real estate maps happens, it will happen without warning. Why? Well typically that just how unique innovation happens. An innovation is NOT just building a new app for that or new type of car, but something that is new, and not been done before.
One of my favorite stories is how Edison and how he fails over 400 time, but when he got it right, he got it right, and invented the light bulb, which ending in the expansion of electricity and our modern age. From many failures and a driven unstoppable entrepreneur comes innovation and quality technology that delivers new technology in real estate.
What it Takes for New Technology in Real Estate
I know how to build AMV or what consumers know as automatic appraisals, and 24-month Census Block Group, Census Track, and Zip Code forecasting models, but I do not know how to tell other futures. But the right new real estate technology probably does.
A lot depends on building a quality team, and many people just want a job and to do tasks, and get paid weekly, vs. be creative innovators and risk their time and resources to get a major home run. This is at the core the difference between an entrepreneurs to takes on the risk personally, and someone who has a job where the employer has the risk.
If the employee goofs up, he gets fired. If the entrepreneur fails, he has to stand back up and restart or move on. You probably can guess my opinion by now. A little luck and the future of real estate maps is the future new technology in real estate. With better local real estate information, real estate search by map, the investment in real estate, is a click away. For more information, download your FREE eBook titled: “What’s Next for Commercial Real Estate Technology: Leveraging Technology and Local Analytics to Grow Your Commercial Real Estate Business”
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