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How real estate offices can be much more like sexy startup offices

(TECHNOLOGY NEWS) Science proves that open floor plans are more conducive to office productivity, but is that true for brokerages, too?

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Office settings

If you walk into a tech startup, nine times out of ten you’ll find an open seating / bull-pen style seating.

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Open offices are trendy amongst tech startups – has the fad caught on amongst real estate brokerages?

Better together

Whereas traditional work environments are divided up into departments with individual offices and cubicles, open offices have floorplans that put all employees in the same room.

Studies have shown that cubicles don’t increase productivity.

As a matter of fact, people are more productive when they are sitting close together, but can see each other.

Pros of openness

Some of the advantages of an open office floorplan are obvious. These kinds of offices are economical because you can fit more people and more desks in less space, and because it is more efficient to heat, cool, and light one large room than several small rooms.

Open office plans also facilitate communication between managers and their employees, and between departments.

Rather than taking the stairs or hiking down the hall to collaborate with another person, you can simply holler across the room.

Cons of openness

Unfortunately, all of that hollering can be pretty distracting. A University of Sydney study found that half of workers in open offices say that the most frustrating part of their workplace is the “lack of sound privacy.”

Open offices are not only noisy, but are also less secure, since everyone can overhear one another.

Employees may get peeved if they can’t concentrate because of all the noise around them, or can’t make a phone call without being overheard.

Dr. Who inspired solution

A startup called Framery Acoustics offers a solution.

They create soundproof phone booths and meeting pods designed to complement open office floorplans.

One of the founders, who previously worked in an open office, complained that his boss talked too loudly on his cellphone. His boss replied, “Well, get me a phone booth.” Thus, Framery Acoustics was born.

Simple solutions

Framery Acoustics is just one company that offers a product suited to appease open office dissenters. Framery Acoustics isn’t ready to give up on openness and neither should you. Instead, look for ways to make your office more flexible. Whether it is by providing a quiet capsule for private meetings and phone calls or just having a designated section for meeting, the solution is out there.

Compromising allows you to reap the benefits of an open office plan, while still ensuring that you and your officemates have privacy and quiet when it is needed.

#openoffices

Ellen Vessels is a Staff Writer at The Real Daily, and is respected for her wide range of work, with a focus on generational marketing and business trends. Ellen is also a performance artist when she's not writing, and has a passion for sustainability, social justice, and the arts.

Real Estate Technology

The 3 biggest names in real estate blockchain

(TECHNOLOGY NEWS) Blockchain backed technologies are taking over and disrupting all facets of society. These are the three biggest names doing so in real estate.

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It’s almost 2020 and everyday it’s feels more and more like the Jetson’s may’ve been right. Sure, we don’t have any flying cars (yet) but the other technology (ahemm, blockchain) that smartypants all of the world have created proves it.

One of the more recent (to me) and fascinating pieces of tech I’ve been learning about is blockchain and cryptocurrency. More than than, though, is the different applications of cryptocurrency.

I have two words for you — Mind. Blown.

In my recent enlightenment I learned that you can use cryptocurrencies to buy real estate which if you ask me is pretty dope.

Even more so, is that cryptocurrency is starting to be used to disrupt a very large and very old institution — viva la revolution!

The current (and tbh, NEW) big kids in the real estate blockchain space have tokenized fundraising.

Tokenized fundraising is similar to how you buy a subway pass for 15 rides, here you buy “tokens” as part of an Initial Coin Offering (ICO), and they use those funds to build out their product, and the tokens can be exchanged privately between users as their value increases and decreases just like stocks.

These are the three biggest tokenizers right now.

1. Atlant
Symbolized as ATL, Atlant is a real estate blockchain that is hoping to build a “next generation” global real-estate platform using blockchain technology. Atlant currently us using cryptofinancing (ICO) for growth instead of traditional venture capital and shareholders which is much more commonplace. Atlant sees the potential behind the blockchain technology and believe that it can help to accelerate the adoption of the Sharing Economy. That acceleration of the Sharing Economy will hypothetically disrupt the industry and open significant amounts of untouched private capacity and tokenization of property. They hope that the disruption will alter real estate transactions and ownership transfer entirely. Atlant allows users to trade parcels of property on their platform while bypassing intermediaries in rental deals and transact peer to peer so that users feel more secure as well as make it easier to use.

2. REAL
Also trying to disrupt real estate is Real Estate Asset Ledger aka REAL. REAL’s aim is to initiate a real estate investment revolution that will increase market liquidity and remove the barriers that prevented ordinary investors from reaping real estate profits in the past. REAL plans to do so by taking real estate investing and moving it onto the Ethereum blockchain and enabling the average investor to build a real estate portfolio. A cool feature about REAL is that property owners and developers must apply to have their assets tokenized and listed on the REAL crowdfunding website. Then the REAL team – which is composed of successful entrepreneurs, venture capitalists, and developers who have already invested $350,000 of their own funds in the project – carefully analyze the properties to select the ones that will provide investors with the greatest long-term value. So the people making decisions have skin in the game too which means you don’t have some Joe Shmo investing all willy nilly.

3. Propy
Propy is an option we’ve already covered but is worth including in this story too. Propy also sees the problems facing international real estate transactions and wants to fight them by creating a unified property store and asset transfer platform for the global real estate industry. They, too, offer peer-to-peer value exchange, with service limited to facilitation and an absolute minimum of middleman involvement. Initially the Propy Registry will look and feel like official land registry records in which transfers of real estate are recorded. However, Propy’s big dream is that jurisdictions will adopt the Propy Registry as their own official ledger of record so that the transfer of a property on the Propy Registry constitutes the legal transfer of the property and the legal registration of that transfer.

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Real Estate Technology

KRACK is the wifi vulnerability Y2K wishes it was

(TECHNOLOGY NEWS) It was recently discovered that there is a vulnerability in all wifi networks, know how to keep your information from slipping through the KRACK!

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A security researcher has discovered a new vulnerability that affects literally all WiFi networks – and now that they know about it, it won’t be long before hackers know about it too.

The vulnerability, discovered by security researcher Mathy Vanhoef, lies within the WPA2 encryption used by all WiFi devices and routers. It’s called KRACK, which stands for Key Reinstallation Attacks.

By taking advantage of KRACKs, a hacker can snatch up data that we previously thought was encrypted and totally safe, including credit card numbers, passwords, messages in chat and email, and photographs. A hacker could even hack into your devices with cameras and get a live stream into your home.

They can also inject ransomware or malware into your device.

Security experts are urging all device makers and internet service providers (ISPs) to release updates to patch over KRACKs as soon as possible. In the meantime, there are a few suggestions for how you can protect yourself.

First of all, make sure all of your devices and routers are updated, and turn on auto-updates so that if any new KRACK patches come in, you’ll be sure to get them right away. If you got a router from your ISP, you should call them and bother them until they release a security patch for KRACKs.

In the meantime, use your router’s user guide to find the administrative options and make sure everything is up to date and that you have the strongest privacy settings selected.

If your ISP is slow to respond, you might consider using an Ethernet cable to connect to the Internet, since KRACKs are only a problem with WiFi networks.

You can also disable WiFi on your smartphone and use your cellular data instead – although this could get expensive if you pay extra for cellular. You should also pull you Internet of Things devices, especially ones with cameras and assistants like Alexa, off of WiFi until your ISP has a KRACK patch.

It also helps to access the web through encrypted websites whenever possible.

Many sites offer either unencrypted access (HTTP) or encrypted access (HTTPS). You can download an extension called HTTPS Everywhere that tells your browser to automatically use encrypted access whenever available.

It’s available for Chrome, Firefox, and Opera.

Lastly, be aware that Android devices 6.0 or later are more vulnerable to KRACKs attacks than other devices. Good luck, and keep your information from slipping through the KRACKs!

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Real Estate Technology

Dot coms are on their way out when it comes to Realtors’ sites

(TECHNOLOGY NEWS) NAR is making moves to secure their Realtors sites with .Realtor and .realestate authentications.

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The National Association of Realtors (NAR), the governing body of American realtors, has offered the .REALTOR domain to those who are members and has extended its initial kick off program until 2018.

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Currently, members of NAR can acquire a .REALTOR for one free year, as well as branded domain email and website creation. After the first year, REALTORS will pay $39.95 for their domain. NAR is also working on acquiring the domain .realestate for those in its membership as well.

Pile on the pros

This change can affect the online presence of a realtor in many number of ways. Because the .realtor domain is strictly policed by NAR and top level domain (TLD) registration group Internet Corporation for Assigned Names and Numbers (ICANN), this allows for a certain amount of trust and credibility to be made with a future customer. Due to the NAR’s deal with ICANN, those who use .REALTOR has that his or her domain registration tied to their National Realtors Database System (NRDS) ID number.

NAR states that this process is similar to the verification process for a .gov or .edu address.

Another reason for the decision to layers of around the strict TLD verification is the protection of the NAR brand, as well as the word realtor. Laypeople frequently confuse the terms “realtor” and “real estate agent,” unaware of the fact that only a member of the NAR is officially a realtor, and licensed non members who sell property are actually real estate agents.

In 2015, .REALTOR was the fastest growing TLD that had authentic websites, i.e. not domains bought for the purpose of scalping.

The NAR is also the largest trade association in the United States, with 1.2 million members. The TLD process for the NAR made history by being the first brand using this type of verification that was previously only afforded to governmental bodies and educational institutions.

Added security

The internet is a vast superhighway of changing parts, and the modification of TLD is a selling point for enhancing a brand.

NAR is offering a service by allowing the TLD to be another source of credibility for its members, a perk few other trade organizations can match.

#DOTrealtor

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