It’s been a rollercoaster ride for the past few years in the real estate industry. From record-high mortgage rates and soaring home prices to increased office vacancies and mixed growth in the commercial sector, fluctuating market conditions require organizations to remain flexible.
Many real estate businesses are coping with market change by creating efficiencies with technology. In 2024, digitization of all functions will be at the forefront for real estate companies as they seek to replicate these efficiencies across the organization. Tech tools, data analytics and new real-time payment platforms will better inform decision making and support organizational growth amidst a turbulent macro environment.
This guide will help you understand what to expect in 2024 and ensure your team is on the right track to meet your departmental and overall organizational goals.