Top 10 tech trends of 2010

Innovations in mobile driving changes in real estate

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Flickr image courtesy of <a href="http://www.flickr.com/photos/quinnanya/5004847441/" target=blank>quinn.anya</a>.Flickr image courtesy of quinn.anya.

It's that time of year again -- dust off the flux capacitor, jump into the DeLorean time machine and let's revisit the cool tech trends affecting real estate this past year!

The tech industry had a fascinating year. An Apple engineer caused quite the stir when he left a top-secret prototype of the iPhone 4 in a bar. The drama of the iPhone 4 leak unfolded like juicy, celebrity tabloid gossip and was the buzz on social networking sites.

Facebook continued its dominance in the social space and made the leap from the small screen to the big one. "The Social Network," starring Jesse Eisenberg as Mark Zuckerman, premiered on Oct. 1 and has grossed more than $192 million worldwide.

Some interesting technology trends unfolded in real estate as well. The industry saw its share of cutting-edge products, gadgets and apps. It seems that every year, a new product is chasing the elusive "lifestyle search" and there were a bunch of neighborhood and lifestyle applications released.

Products such as Augmented Reality and ANW (Articulated Naturality Web) even gave us a glimpse into the not-so-distant future.

With that said, here are my top 10 tech trends that changed real estate in 2010:

10. Open Source

Open source software can be modified and redistributed freely. I am a HUGE fan of WordPress! As you may know, WordPress is a wonderful open source publishing platform that powers many real estate blogs. It's been exciting to see the real estate industry embrace the application and not just for blogging. Many property websites, content management systems and even broker sites are running on WordPress. Drupal is another popular open source platform with a rich history and strong community.

9. Car-Tech

As I mentioned in my November article "Tech up your real estate ride," real estate agents rank fourth on a list of top 10 vehicle crashers by profession. Car tech has come a long way, including many features that can improve safety. Ford Motor Co. truly raised the bar when it adopted Sync, and it is available in most of its vehicles. Sync allows for hands-free calling, is MP3-compatible and even utilizes Google Maps. Perfect for any real estate agent!

8. Cloud Computing

Cloud computing (Internet-based computing) had a big impact on brokers this year. Not only can it reduce expensive infrastructure but it improves mobility as well. Google Apps and Zoho are two popular services that offer productivity apps. Looking for a Web-based, real estate specific application? Cloud CMA is an easy and economical way to create analysis reports, especially if the local MLS has an antiquated CMA module or doesn't support one at all.

7. OpenID

OpenID seems to fly under the radar. However, giving your website users the ability to register for property alerts utilizing their Facebook or Gmail credentials is a great way to improve usability and the customer experience. I saw a big spike in the number of registrations when we enabled this feature on our company website.

6. Google Instant

Google Instant debuted in early September, displaying "suggested" results while the end-user types. Google said it was out to improve the speed and accuracy of search, but some real estate marketers wondered whether users would finish their queries or if Instant would introduce a bias. In "Google second-guesses your search," Inman News columnist Gahlord Dewald predicted that the new capability could have implications for long-tail search marketing that targets searches employing multiple keywords.

5. HTML5 vs. Flash

The battles between Apple's Steve Jobs and Adobe are well documented -- Apple has chosen not to support Abobe Flash. Obviously, this is a huge debate among developers that's also impacted real estate. With the popularity of smart phones and tablets, the delivery method of rich content is imperative to the industry. Will media such as virtual tours, interactive floor plans and slide shows continue to be developed as Flash? While HTML5 is certainly appealing, standards are still being finalized. If you're attending Real Estate Connect next month in New York City, be sure to check out the Connect Tech session: "The death of Flash? Can we move beyond closed systems and on to the open Web?"

4. Video

In WellcomeMat's 2009 real estate video report, company founder Christian Sterner asked, "Is video the new photo in real estate marketing?" I don't know if video will ever replace photography in real estate, but I do know that video production reached new heights in 2010. Joel Burslem of 1000Watt Consulting wrote a fantastic piece entitled "Real Estate Video is Dead" about the remarkable high-definition (HD) video that can now be captured by some digital single-lens reflex (SLR) cameras. Burslem highlights a sophisticated property tour video in his post and declares, "Real estate cinema is now within your reach."

3. Location-Based Social Networking

I saw Dennis Crowley, co-founder of Foursquare, speak at Real Estate Connect last January and was very impressed with his passion and energy. Geo-location apps changed social media in 2010 and had a big impact on real estate. I was excited when I started seeing our clients "checking in" to our office! Despite privacy concerns, users embraced Foursquare and Gowalla -- and in April, Facebook launched Places. Look for further advances in location-based marketing in 2011.

2. iPad

The iPad was released in April, and 3 million of the devices were sold in 80 days. The iPad is truly a game-changer! Agents in my office use the device for listing presentations, recording open house attendance, nurturing customer relations and more.

Mashable's Pete Cashmore recently discussed how the iPad has unexpectedly reshaped Web design. "A growing number of companies have found that their iPad apps offer better usability than their websites, and so the latter are being molded to match the former," Cashmore said in a post for CNN, noting that Twitter's recent redesign "borrowed heavily from the company's iPad app." If you're planning on redesigning your site, be sure to take the iPad and other tablets into consideration.

1.Smart Phones

Smart phones saw dizzying advances in 2010. The iPhone 4 and Android devices offered robust features in both hardware and software. Real estate utilized a plethora of apps in 2010 -- everything from property search to productivity. Native applications such as SMS, GPS and the camera are extremely valuable as well. It's a competitive marketplace with major players like Apple, Microsoft, Google and RIM Blackberry. Some analysts are predicting that combined sales of smart phones and mobile devices like tablets will surpass sales of personal computers by 2012.

Technology experienced unprecedented innovation in 2010, especially in the mobile space. If this trend continues, 2011 should be a great year.

Tom Flanagan is the director of information technology at Residential Properties Ltd. in Providence, R.I. You can contact him at tflanagan@residentialproperties.com or @tflan on Twitter.

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Submitted by Barrett Powell on December 28, 2010 - 4:30pm.

Technology is great, when it actually works. Augmented Reality and ANW are novelties at best. At least for real-estate here in the US. Until we get more usable data that is. Right now Layar is pretty interesting for finding things like restaurants, shops, coffee, other interesting things. But the implementation is along the lines of mapping still. Not really AR.

10) Open Source - Why stop at websites, there are great Open Source technologies for more interesting things, like Real-Estate CRM for instance:
http://youtu.be/M57d7lj94-s?hd=1
http://youtu.be/8ELMRcJNuxU?hd=1

or Document Management:
http://youtu.be/9MVwa8e4inw?hd=1

9) Car Tech - Sync yes, or just plug in your BT phone. Look for more Smartphone integrations with your car.

8) Cloud - Cloud has been around many years. Watch Google Chrome apps and more things like it (Evernote Trunk apps, etc.)

7) OpenID, yes but be careful. Now only one hack and your whole life is open. Careful linking everything too. Leave your YouTube account open while your teenagers watch videos and your likely to have Eminem lyrics posted to your Facebook and LinkedIn pages. Don't ask me how I know.

6) Google Instant - Like. But don't count out Bing for more relevant keyed searches. Think new predictive searches based on some very scary tech coming out of government black ops.

5) HTML5, yes but Flash ain't going away any time soon, no matter what Apple thinks.

4) Video, yes, think video with hotspots and integrated QRC.

3) LBS, look for consolidation (too many players already). LBS with some #6 sprinkled in and fencing alerts.

2) iPad - not sold on the "World Revolving Around iPad" yet. Yes lots have been sold, to bleeding edge early adopters (read Crossing the Chasm). Build your site around good website practices and let Apple figure out how to display on their devices.

1) Smartphones - absolutely! This is where I would spend time creating special content for...

Barrett Powell, Broker/Tech Consultant
Southern Advantage Team
WBP Software & Consulting
288 East Street, PO Box 1427
Pittsboro, North Carolina 27312
http://www.ChathamCountyLand.com
http://BarrettPowell.com
wbarrettpowell@gmail.com
Google Voice 919-533-9730

 
Submitted by Stephane Beladaci on December 29, 2010 - 12:34am.

I wrote an extensive 2 part article on the Apple vs Adobe war containing definitely more information than we got so far from the news outlets serving Apple’s soup, I invite you to check it out:

http://applesucks.squarespace.com/blog/screw-you-apple-there-will-be-a-q...

 
Submitted by Mark McDonough on January 10, 2011 - 8:15am.

Great Article for those looking to stay up on the technology and trends that are rapidly changing our industry.

To us, Video is key. We launched a video series a couple years ago all about the positive news of our region that has been a great success for us. www.texaplex.com

We also just now released the trailer for our new web series all about love life and real estate. You can check out the hilarity at: http://theagent.tv

Our hope for this is to provide Realtors with an outlet that they can laugh at craziness that they deal with on a regular basis!