Robotics & Automation News

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Ava says its telepresence robot ‘revolutionizing real estate industry’s digital capabilities’

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Ava Robotics says its telepresence robot is “revolutionizing real estate industry’s digital capabilities”. (See video below.)

In response to the severe limitations created by Covid-19 lockdowns, Ava Robotics, a leader in creating intelligent robots for the workplace, partnered with Austrian real estate company SIGNA and Cisco partner FRINK Advanced Services to create a fully digital, remote sales experience powered by Ava’s telepresence robots.

Ava Telepresence assists realtors and clients in remote, contactless home tours that allow the customer to have more control and better access to viewing a property and interacting with a sales agent. [Read more…] about Ava says its telepresence robot ‘revolutionizing real estate industry’s digital capabilities’

Mitsubishi’s elevator business in China produces its one millionth unit

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Mitsubishi Electric says its Shanghai Mitsubishi Elevator Company (SMEC), a joint venture company operating in China, has produced its one millionth unit.

The figure includes both elevators and escalators, and comes 34 years after starting production at the company’s Min Hung Plant in 1987.

Mitsubishi Electric, working in collaboration with SMEC, says it continues to deliver “safety, peace of mind and riding comfort in China”, the world’s largest elevator and escalator market, and maintain its “market-leading brand”. [Read more…] about Mitsubishi’s elevator business in China produces its one millionth unit

Upnest: Using Technology and Transparency to Connect In-Market Buyers and Sellers with the Right Agent

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The real estate world is like a jumbled ball of colored wool, and trying to decipher it without the right team or know-how can make you a mess.

Now you don’t have to bother your head about how to sell a house to make the best profit either.

Do you know that using the right real estate team can save you lots of money as profit when selling a house? [Read more…] about Upnest: Using Technology and Transparency to Connect In-Market Buyers and Sellers with the Right Agent

Artificial intelligence in the real estate industry

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While it was once considered an advanced technology of the future, artificial intelligence is very much a present-day reality.

Thanks to inventions like self-driving cars, home assistant devices, automatic vacuum cleaners and remote home security solutions, Artificial Intelligence is on everyone’s lips.

Since AI seems to affect both the public and private sector, we started thinking about all the different ways in which it’ll shake up the real estate world. [Read more…] about Artificial intelligence in the real estate industry

Billion-dollar industrial estate to feature data centre infrastructure as part of its offering

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In what might be a sign that traditional industry is increasingly becoming digital, the developer of an industrial estate is making telecommunications and data processing a fundamental component of its offering. 

Traditionally, the priority for industrial estates have been to provide good road and other transport networks. Nowadays, data networks are sometimes even more important to companies of all types – including those in the manufacturing sector.

Bannon Investment Group, which is developing the 85-acre Elk Grove Technology Park near Chicago O’Hare Airport, says the estate will one of the largest of its kind in the US.  [Read more…] about Billion-dollar industrial estate to feature data centre infrastructure as part of its offering

The pros and cons of using drones in the real estate business

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By Tim Jennings, president, Custom Case Group

Are drones a necessity in the real estate business or are they an extra? 

The clearest and quickest way to answer that question is to present a few compelling pieces of information:

  • When the Federal Aviation Administration handed out its first 1,000 commercial drone operator exemptions a couple of years ago, 35 percent were to operators in real estate marketing.
  • The Multiple Listing Service has reported that properties featuring aerial images sell about 68 percent faster than do properties featuring only non-aerial photos.
  • According to the National Association of Realtors, 73 percent of homeowners said they’d be more likely to list with an agent who incorporates video in marketing their home.
  • In March 2016, Goldman Sachs released a report saying the global drone market is expected to grow to $20.6 billion in the next five years.
  • Many analysts are saying last summer’s FAA commercial drone ruling will result in a dramatic expansion of drone use in the real estate industry this year.

And that’s just the tip of the iceberg. The bottom line is: If you haven’t incorporated drones in your operations yet, it’s time to get the process started.  [Read more…] about The pros and cons of using drones in the real estate business

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