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Real estate digitalization and the underlying modes of operation

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  • Daniel Piazolo

Abstract

Data are the new currency of our time. Various digital technologies drive the successful business models of today, but will also determine the real estate industry in the future. The paper examines the relevant digital technologies and various real estate tech startups. The underlying modes of operation can be condensed to four types:1.) Increasing transparency2.) Raising efficiency3.) Enhancing flexibility4.) Enabling new opportunities, new contents, and new insights.Based on these modes of operation it is possible to describe the successful companies, the driving forces behind real estate digitalization and thus our industry in the near future.

Suggested Citation

  • Daniel Piazolo, 2018. "Real estate digitalization and the underlying modes of operation," ERES eres2018_106, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2018_106
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2018-106
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    Cited by:

    1. Mateusz Tomal, 2020. "Moving towards a Smarter Housing Market: The Example of Poland," Sustainability, MDPI, vol. 12(2), pages 1-25, January.

    More about this item

    Keywords

    BIM; Digital Asset Management; Digital Modes of Operation; Digital Transformation; Structural Change;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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