Executive report describing how information technology impacts the Essay

Executive report describing how information technology impacts the Real Estate Industry - Essay ExampleOnline purchasing for instance has reduced the recite of agents, retail stores and warehouses needed - these very services were thriving a couple of decades ago. On the other hand, access to the most unusual information, the most uncommon places, the rarest of books and however personal web logs are now just a click away. Hence, the value of a product, service or piece of information has undergone an overhaul since the encroachment of the Information Technology revolution. Added, these values even after changes are not static but yet in the process of stabilizing, allowing for large potential differences betwixt current value and future value.Traditionally, real estate value has been known to depend upon criteria such as size, location, amenities, and even climatic environments, and now, information technology is an added consideration. profits technology enables interested cli ents to browse through properties of their choice using various search options such as zip code, size, amenities and budget. It is also possible to take over a virtual tour of the property, its interiors and its neighborhood.