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The monthly magazine providing news analysis and professional research for the discerning private investor/landlord

Computer Says…'GO'!

As technology continues to evolve and shape the world we live in, Phil Stewardson examines the role technology is now playing in the ever-changing property business.

To say that technology has changed the way we work is an understatement. In the 20-or-so years since we took our first steps onto
the property market, the way in which technology has shaped our way of working has been tremendous. For example, if you told me 20 years ago we would be able to fly a pilot-less aircraft to take pictures of a disputed land boundary I would never have believed you. But we can and we have.

And drones aren't the only tools that have changed the way we work:

The Internet
Information that would have been difficult to get hold of 20 years ago is now just a click away. We can find out in minutes how long a property has been on the market, what the current owner paid and when, the average price of properties in the local area, the estimated value of a specific property, local crime statistics and other key demographics. We are also starting to see a growth in appliances linked to the net and we can even view our office CCTV from a smartphone. Further advances like this could reduce the need for facilities management in commercial property environments.

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