Literary Analysis: Disruptive Technologies and Digital Transformation in Residential Real Estate

Digital transformation has become essential for organizations of all sizes as they navigate the complexities of an increasingly digital landscape. This paper explores the implementation of disruptive technologies within the real estate industry, particularly in the areas of leasing and property management for both new rentals and renewals. It reviews current trends and innovations that are reshaping the industry, such as blockchain for transparent transactions, artificial intelligence for predictive analytics, and smart building technologies for enhanced property management. The necessity of digital transformation is highlighted as a means to achieve competitive advantage in today's fast-paced market, where consumer expectations are continually evolving. By adopting these technologies, real estate firms can improve operational efficiency, enhance customer experiences, and better position themselves against competitors. The findings underscore the critical importance of embracing digital transformation to thrive in the modern real estate landscape.

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Published
2024-12-11
DOI
https://doi.org/10.1109/dasa63652.2024.10836332
Primary Topic
Smart Cities and Technologies
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article
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article

Literary Analysis: Disruptive Technologies and Digital Transformation in Residential Real Estate

Mohamed Salama, Ashraf Hana, Muhammad Zegham Maqsood
Smart Cities and Technologies
article

Literary Analysis: Disruptive Technologies and Digital Transformation in Residential Real Estate

Mohamed Salama, Ashraf Hana, Muhammad Zegham Maqsood
article en

Abstract

Digital transformation has become essential for organizations of all sizes as they navigate the complexities of an increasingly digital landscape. This paper explores the implementation of disruptive technologies within the real estate industry, particularly in the areas of leasing and property management for both new rentals and renewals. It reviews current trends and innovations that are reshaping the industry, such as blockchain for transparent transactions, artificial intelligence for predictive analytics, and smart building technologies for enhanced property management. The necessity of digital transformation is highlighted as a means to achieve competitive advantage in today's fast-paced market, where consumer expectations are continually evolving. By adopting these technologies, real estate firms can improve operational efficiency, enhance customer experiences, and better position themselves against competitors. The findings underscore the critical importance of embracing digital transformation to thrive in the modern real estate landscape.

Heriot-Watt University Dubai (AE), Applied Science University (BH)
Decent work and economic growth, Sustainable cities and communities
Openalex Percentile: Top 62%
Smart Cities and Technologies
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Literary Analysis: Disruptive Technologies and Digital Transformation in Residential Real Estate — Mohamed Salama, Ashraf Hana, et al. · (2024) | TGRS Research Map | TGRS