Posted by & filed under Consumer Technology.

A home for sale is displayed in a new housing development in Ottawa on Tuesday, July 14, 2020.

While the advent of e-commerce and mobile technology long ago changed the way Canadians shop for everything from clothing to vacations to food, the real estate industry has been slower to embrace digital innovation. For most people, buying a house remains a cumbersome, time-consuming process that involves multiple in-person visits with agents, lawyers and bankers.

But that’s beginning to change, with a growing number of homebuilders, real estate brokerages and financial institutions offering digital solutions aimed at modernizing the buying and selling process.

Source: Toronto Daily Star

Date: October 29th, 2021

Link: https://www.thestar.com/business/2021/10/21/proptech-is-making-it-easier-to-buy-or-sell-a-house-online.html

Discussion

  1. Why do you think the property sector has been late to the game in introducing technology to support what they do?
  2. Is there anything in the home buying or home building process that could not or should not be put online?

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