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.
Authors
- Mohamed Salama (ORCID: https://orcid.org/0000-0001-5212-082X)
- Ashraf Hana
- Muhammad Zegham Maqsood
Institutions
- Heriot-Watt University Dubai (AE)
- Applied Science University (BH)
Publication Details
- Published
- 2024-12-11
- DOI
- https://doi.org/10.1109/dasa63652.2024.10836332
- Primary Topic
- Smart Cities and Technologies
- Type
- article
- Field-Weighted Citation Impact
- 0.00