For long, the real estate market was stuck in old-age practices. However, the digital revolution of technologies like Artificial Intelligence and Machine Learning has disrupted the landscape bringing along a new breed of tech start-ups with creative solutions and the results are nothing short of amazing.
Although there are proactive real estate companies that have acquired these solutions, many are yet to clear the path for the disruption that is yet to come. Modern real estate companies know how valuable online presence is. Besides, building a custom website is no longer as complicated and expensive as it once was – professional full stack developers do this in no time. While a website is almost a must-have, some companies do far more than that and manage to use cutting-edge technologies to improve their business.
According to a 2018 report by Grand View Research, the global Real estate market holds the lion share of the asset class, more than stocks and bonds combined. The same report indicates that this market is expected to hit $4,263.7 billion in revenues by the year 2025.
With such huge stakes, the opportunity for tech-oriented firms to compete in this landscape will continue to be driven by limited innovation and slow adoption of technology.
Here are three tech startups that already have boots on the ground in trying to make the real estate world a better place.
Whether you are buying or selling a house, an appraisal is one of the most important aspects of this process. It helps you establish the true market value of the property which essentially means you buy at the or sell at the current market price. Moreover, if you are looking to finance the acquisition through a mortgage loan, the lender requires an appraisal as security for the mortgage.
Bowery is a tech company redefining how real estate appraisals are done thanks to their apt and cutting-edge technology in big data. In realizing valuation and appraisal processes need to keep up with changing technology, they have developed cloud-based software that automates and optimizes the appraisals writing process compared to manually doing it.
Instead of using antiquated methods, Bowery’s intuitive software utilizes passive databasing to automatically pull data in public record data meaning the appraisers don’t need to spend countless hours mining for the data on the internet. Moreover, sales and rental and sales statistics are stored in the database and can be easily lifted through a map-based search.
Another excellent attribute of the Bowery property listing tool is the deployment of natural language generation. Essentially, it reduces the turn-around time by helping the appraisers generate clients’ reports easily without having to manually write everything.
In 2018, the start-up plugged in additional resources in form of seed funding campaign which has allowed them to create a mobile app that allows real estate appraisers to tick off items in boxes, rather than note everything down.
On the mention of the word blockchain, the first thing that comes to mind is Bitcoins. What most people don’t know is that this is a technology upon which Bitcoin and other synonymous cryptocurrencies are built on.
In 2017, Michael Arrington was the first person to use an Ethereum smart contractto buy real estate. Since then, it has been a hot topic in the real estate circles and start-ups like Atlant are starting to leverage the technology to build a business around it by creating a decentralized marketplace.
Given the overly fragmented real estate market, it’s very difficult for investors to acquire a piece of real estate property in a timely and secure manner. Atlant is trying to change this through P2P rentals and tokenized ownership.
Tokenization of real estate market eliminates liquidity problems as investors are able to convert the value of real estate assets into “tokens” to represent that asset and trade them at any moment in time. Moreover, the secretive operation in terms of property prices, lease rental rates, and valuations has left many investors on the losing edge. The Atlant blockchain system has brought transparency in all the transactions by availing them to the public.
Although real estate data is the driving force behind the whole industry, it’s one of the areas that has persistently continued to resist disruption. This is because most real estate companies keep data stashed away in locker rooms or spread across regional databases in the case of the US.
Driven by the hunger for this data, a real estate tech start-up by the name Enertiv utilizes data analytics to improve building commercial real estate projects operations.
The tech savvies go beyond BMS data visualization to tracking critical components of a building to individual pieces of equipment like air conditioners. As a result, they are able to deliver targeted insights into a building offering real-time comfort for tenants. The level of transparency in their software makes buildings operations and management easier, increasing profitability.
As you can see, there are real estate tech companies already making an impact in the real world. If you are looking to start a company in the same niche, here are the common mistakes to avoid.
4 Proven Health Benefits of Almonds
Almond is one of the most popular dry fruits in the world and is eaten all around the world. It is highly nutritious, full of vitamins and antioxidants and is rich in minerals. A lot of people make almonds a part of their life to lead a healthy lifestyle. If you have not been eating almonds and are skeptical about it, then this article is for you. Below I have mentioned a few health benefits of almonds that will convince you to add this drupe into your diet. Let’s take a look:
Full of Nutrients
The delicious seeds of the Prunusdulcis (Almond tree) can deliver an enormous amount of nutrients to your body. You can find almonds in the market in both raw and roasted form, and you can also get it in the form of oil, milk and butter. The seed itself has fiber, fat, protein, magnesium, vitamin E, manganese and vitamin B2. And all this comes in one tiny seed which is pretty easy to digest. So it doesn’t matter what form you consume it in you will be enjoying all these nutrients. For a delicious and fun experience, you can always go with the roasted almonds. Also, if you would like to know more about how to roasting almonds, you can browse over to the highlighted text for details.
Loaded With Antioxidants
Another reason that makes almonds so awesome is that they are a great source of antioxidants. Antioxidants are very important for the human body because they can help you against oxidative stress, and can reduce your chances to get diseases. Most of the antioxidants are present in the skin of the almond, which by the way is another great reason for why you should not peel your almonds. Studies have also shown that adding almonds in your meal can help you fight against oxidative damage as well.
Helps With Blood Sugar Control
Here are the things about most of the nuts, they maybe low in carbs, but they have a good amount of healthy fats, fibre and protein. So, if someone is suffering from diabetes, almonds are a great option for them. Almonds are also rich in magnesium which is a mineral that can help with blood control. More than 30% of people suffering from diabetes have a magnesium deficiency, and almonds can help with that. When the magnesium level is stable, the patient is less likely to experience insulin resistance as well.
Can Reduce Calorie Intake
If you have been trying to lose some weight, but you cannot fight your hunger, then almond is the one food that you need to add to your diet. Almonds are rich in protein and fiber and are low in carbs. When you are feeling hungry and don’t want to consume too many calories, then adding almonds into your meal will help you control your calorie intake. That way, you will be able to lose your weight in time and would not have to starve for it every day
5 Workplace Trends That Are All About the Future
Our workplaces have changed a lot over the past few decades. They’re always evolving, keeping pace with the latest technologies, large-scale social transformations, and new levels of human freedom. Sometimes these changes are quite slow, but there are moments in human history that can cause business owners, government officials, and other policy-makers to speed this process up.
The COVID-19 pandemic seems to be a historical event of this kind. It has affected our workplaces dramatically. Now we’re all wondering which of these innovations are temporary and which ones are here to stay. In any event, employers have gained a new perspective they wouldn’t have developed otherwise, and they have more info to act upon and make decisions about this. Here are some of the most important trends we’re already seeing in our workplaces that are all about the future.
Surely the most obvious change we’ve experienced since the start of the epidemic is a huge increase in remote work. Of course, many companies started utilizing telecommuting a while ago, but many others first introduced it only recently as a response to social distancing measures.
So what are the consequences of this massive experiment? A lot of businesses have realized that they have increased productivity and/or cut expenses after most of their employees started working from home. Surely, this fact wasn’t unheard-of before the crisis, and giants like AT&T or Dell reported they had saved millions of dollars thanks to different telework initiatives. But only now it is becoming a fact wide-spread enough that we can expect it to cause changes on a global scale.
Moreover, remote work suits employees as well. As much as 91% of them say telecommuting is a good fit for them, and 37% would agree to receive a 10% pay cut in exchange for working from home. Also, the number of available different jobs that can easily be done from any spot on the planet is on the rise, so telecommuting seems like one of the trends that will only grow in popularity.
Emphasis on work-life balance
If we want to understand the workplace of the future, we need to recognize that the upcoming generations have different priorities. Chasing more and more money at whatever cost doesn’t seem too appealing to millennials and Generation Z. This should turn out to be beneficial for companies as well, as we can expect more productive workers once the stress levels start to fall. Namely, a staggering 60% of workers experience performance drops as a consequence of chronic work-related stress.
Of course, businesses will have to adapt to this reality. The best salaries are not sufficient to attract the best talent anymore. The new generation’s priority is to have the best possible balance between work and life and to have an opportunity to live their lives to the fullest. That’s why we’ll see companies investing a lot in employee experience. This includes providing some essentials such as sick leave or flexible hours, but also some apparently less important perks like cozy offices, game rooms, or creative team building ideas. Organizations will have to adapt their entire cultures to this new set of employee demands.
Some companies even allow power naps at work. It may sound silly, but it’s actually perfectly sensible given that the effects of sleep deprivation include lack of focus, poor memory, emotional stress, and erratic behavior. It seems that in the future, businesses will want their workers to be stress-free and well-rested so that they can truly excel at their jobs.
A certain amount of flexibility from both employers and employees is becoming a must for any successful company. We’ve already seen that workers will expect less rigidity about when they will work and where they will work from. But we’ll also see executives expecting employees to show some adaptability.
Most businesses of the future will have their work processes and activities dictated by new technologies as well as their ever-changing markets. This means they’ll need some quick learners on the team, who should even be ready to unlearn some of the things they know in order to adjust to new circumstances.
Furthermore, the focus of employee training will be acquiring a wider set of skills and cross-functional knowledge that can prepare them to jump in new positions whenever necessary. In combination with increased talent mobility, this will allow companies to scale their business easily.
You don’t really have to be a prophet to anticipate artificial intelligence taking a large part in the workplace of the future. Up to 47 percent of US jobs might be at risk of being completely automated in the next 20 years.
This makes it even more important for workers in many branches to diversify their skills if they want to survive in the new, AI-driven reality. As Marc Andreessen, a famous American entrepreneur put it – in the future, there will be two types of jobs: people who tell computers what to do and people who are told what to do by computers.
AI already has a significant influence on the world of business today. Different AI-backed softwares help companies streamline workflows and increase productivity. They collect and interpret massive amounts of data that affect practically all important business decisions. And because they’re basically self-learning and self-teaching algorithms, they’ll only get better at it.
Fewer long-term commitments
We’ve already seen that new circumstances will lead to a lot more flexibility at work, in terms of talent mobility, diversification of skills, and roles and positions that are not as well-defined as in the old days. This will have another important consequence. It will inevitably lead to a less stable job market, which means fewer long-term contracts and more contingent workers.
And it’s already happening. More than 90 percent of millennials expect to stay in a job for less than three years. The fact that there are more and more independent short-term projects and on-demand work has influenced a huge increase in the number of freelancers, and this increase won’t be stopping any time soon. Thirty-six percent of Americans are freelance workers, with this number predicted to hit the 50-percent mark as early as 2027.
Given the convenience of freelancing and the evolution of different platforms for freelancers, this doesn’t necessarily have to be a bad thing. However, the gig economy has many downsides, and the never-ending uncertainty it entails can be stressful and overwhelming. Freelancing is a great path to take when it’s a matter of choice, but when it’s a matter of no choice, it can be difficult and distressing.
As always, the workplaces of the future will shape the workers of the future. These places will be exciting and unpredictable, but also vicious sometimes. And this job market will demand dynamic, agile, and versatile candidates that can adapt quickly and fit multiple different roles.
That is, if there are no major surprises in the forthcoming years. But we’ve seen we can’t take that for granted. We have no idea just how bad the consequences of the current epidemic-induced crisis could be, let alone predict what the decades ahead of us will look like. We can only be sure they won’t be boring.
3 Tips Hard Working Entrepreneurs Can Use to Sleep Better At Night
Sleep can have a direct effect on your mind and physical health. If you are experiencing some problems, then chances are your entire day doesn’t go quite well.
Getting a good sleep at night might seem very challenging, but just because you haven’t found the way doesn’t mean it’s not possible.
It might be some unhealthy habits that you do every day or something that is not in your daily schedule. But by using the following tips and experimenting, you can try to improve your sleep at night.
Avoid Disturbing Your Body’ Natural Cycle
Being entirely in sync with your body’s natural sleep-wake cycle is among the best way to get better sleep.
If you try to wake up and sleep around the same time every day, then you might end up feeling more energized and refreshed. That is why you can try to download your favorite soothing music from YouTube with www.flvto.biz/en64/youtube-to-mp3/ and get some relaxing sleep.
You should also try to avoid sleeping in on the weekends because it can disrupt your sleep-wake cycle. Instead, you can try getting in a nap in the afternoon if necessary.
Control Your Exposure to Different Forms of Light
There is a natural hormone in your body called melatonin, and it is particularly useful in regulating your sleep-wake cycle.
You see, the human body produces more melatonin when it’s dark and tries to get the body to sleep. But when it’s light, then it produces less to keep the person more alert. This simple hormone could be the reason why you have trouble sleeping at night.
However, you can improve by doing these simple things:
- Don’t use any bright screens for at least 1 to 2 hours before you go to bed.
- Stay away from the TV at night. Try to get some music or audiobooks instead by using a youtube to mp4 converter.
- Block all the light when it’s time to sleep.
- If you get up any time during the night, keep the lights down.
Get Some Exercise In During the Day
Exercising during the day can be instrumental in keeping you awake and active. But it can also help you get better sleep at night.
Many studies show that exercise can improve symptoms of insomnia and sleep apnea, as it can give you more time in the deep stages of your sleep.
The harder you work out, the better your sleep will be. But that doesn’t mean a 10-minute daily walk can’t help you get a good night’s sleep.
But it might take several months for you to fully experience the sleep-promoting benefits of exercise. That is why you need to find something that you love, and make sure to make it a habit.
You also need to work out in the morning or the afternoon instead of at night. Otherwise, your metabolism will speed up, body temperature will rise, and releases several hormones in your body at night. All of which can be a problem if your workout was within three hours before your sleep.
4 Proven Health Benefits of Almonds
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