Real estate technology plays a crucial role in streamlining transactions by improving efficiency, transparency, and convenience for all parties involved. One example of this is the use of virtual reality (VR) and augmented reality (AR) in property viewings. These technologies allow potential buyers to take virtual tours of properties from anywhere, saving time and resources for both buyers and sellers.

Another example is the use of blockchain technology for secure and transparent property transactions. Blockchain can help streamline the process of verifying property ownership, transferring titles, and executing contracts, reducing the need for intermediaries and paperwork.

Furthermore, the use of real estate management software, such as customer relationship management (CRM) systems and property management platforms, can streamline the entire transaction process by centralizing data, automating tasks, and providing real-time updates to all stakeholders.

References:

• Virtual Reality and Augmented Reality in Real Estate: https://www.forbes.com/sites/forbesrealestatecouncil/2019/11/12/how-virtual-and-augmented-reality-are-transforming-real-estate/#5b1e9b8f4d8c
• Blockchain in Real Estate: https://www2.deloitte.com/us/en/insights/industry/real-estate/blockchain-in-real-estate.html
• Real Estate Management Software: https://www.capterra.com/real-estate-property-management-software/