Real estate firms are facing challenges in staying afloat in the existing COVID-19 situation. In this pandemic-hit world, Simon Walder, as a silver lining persona, is showing real estate players how to emerge victorious in this COVID-19 world. Let’s see how he is doing so. Let’s delve.
Simon is in the process of deploying robotics and Artificial Intelligence (AI) instead of labor. This, he thinks, will speed up the construction process at lesser cost while eliminating errors. More than a means to expedite things, the role of technology has become the need of the hour for real estate in these pressing times if they want to stay afloat. Technology can help to maintain the quality benchmarks set by the real estate company. Simon, therefore, advises real estate players to make technology a part of their daily processes and see how they can make use of it to augment productivity and efficiency at every step of their real estate projects.
To stay afloat in a COVID-19 world, Simons shares, one needs to innovate not only in regards to big things but also little things. And innovation, as per Simon, is not about breaking one’s head over something; it’s common sense – which is quite conspicuous. For instance, Simon uses e-brochures instead of the physical handouts. In this COVID-19 situation, this is one of the few obvious things necessary to incorporate. For Simon, e-brochures are doing a great job in providing all the information in one place to his customers, including virtual images of the real estate projects. Simon elaborates, “This simplifies my customer’s buying decision. That’s all I am doing. Just looking for ways to make the life of my customer in these challenging times – easy.”
Next, Simon plans to use drones extensively. The world’s current lockdown obsession and social-distancing norms call for solutions like drones to carry out detailed evaluation and survey on site. Simons says that drones can also be used to take pictures of properties for buyers to scan through visual information in a cost-effective manner.
All in all Simon is making optimal use of technology to sell his spaces and stay afloat in a COVID-19 world.
Simon’s company Uptown Capital is a renowned name in the commercial real estate space in Texas, Florida and Chicago. He has partnered with some of the best and brightest to connect buyers with attractive properties. Considering his expertise in the real estate domain, his advice is well worth considering.