For various reasons, the real estate sector has not exactly been a trailblazer or quick adopter when it comes to innovation. However, similar to many other industries where regulation and conventional culture can slow down technological adoption, there’s a growing realization and appreciation for the role of fintech in real estate’s future. And that’s significant, given that by adopting fintech, the real estate industry can unlock opportunities that benefit developers, investors, and the entire market. Fintech, which refers to the technological platforms and innovations that improve financial services, is steadily gaining a place in real estate. This is something that individual investors such as Razi Salih know to be true and are continuously working to make the most of, and this article will take a closer look at fintech in this sector. Read More: https://www.razisalih.com/fintechs-role-in-the-future-of-real-estate/

1. By Razi Salih,
a businessman and entrepreneur with expertise in Fintech, digital marketing,
advertising and real estate.
FINTECHS ROLE IN THE FUTURE
OF REAL ESTATE

2. For various reasons, the real estate sector has not exactly been a trailblazer or quick adopter when it comes to innovation. However, similar
to many other industries where regulation and conventional culture can slow down technological adoption, there’s a growing realization and
appreciation for the role of fintech in real estate’s future. And that’s significant, given that by adopting fintech, the real estate industry can
unlock opportunities that benefit developers, investors, and the entire market.
Fintech, which refers to the technological platforms and innovations that improve financial services, is steadily gaining a place in real estate.
This is something that individual investors such as Razi Salih know to be true and are continuously working to make the most of, and this
article will take a closer look at fintech in this sector.
2
FINTECH’S ROLE IN THE FUTURE OF REAL ESTATE

3. INVESTING
The foundational aspects of many real estate
investment opportunities involve an initial investment,
access to contacts, and market knowledge for decision-
making. For some investors, these may be easily
accessible. However, a good number might not be so
fortunate and therefore miss out on good investment
opportunities. Fintech is eliminating these barriers by
providing innovations that make it easier for smaller
investors to pool resources, be more flexible, and
access liquidity that enables them to participate.
The rise of crowdfunding platforms in particular has
allowed individual investors to come together and
collectively invest, thereby spreading the risks and
allowing for diversification.

4. The ability to provide real-time data to users is
an advantage many fintech innovations offer their
users. This real-time model, when brought into the
real estate sector, means that investors and
agents can keep track of information as it
becomes available, including property availability,
pricing, and location. Additionally, the continued
growth of analytics and machine learning
algorithms means that these models can
aggregate multiple data sources and provide
insights for informed real estate decision-making.
REAL TIME DATA

5. CONTRACTING
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Through blockchain technology, real estate transactions become much safer, automated, and cost -
effective. The use of “smart contracts” effectively ensures that accurate records are available while
eliminating middlemen in the transaction process. Blockchain’s transparency means that all actors in a
transaction know the details, thereby reducing the risk of fraud or legal issues when a transaction is
underway or closed. To investors, having a reliable transaction system boosts confidence and increases
the chances of additional investments.