Concrete Analysis | Coronavirus inspires innovations in property transactions, energises recovery momentum
- While many would only consider leasing and purchasing properties they’d seen in person, the pandemic calls for new measures
- Lockdowns have inspired a boom in remote viewings and virtual sales and leasing around the world, buoying markets energising recovery momentum
Remember the last century, during the 1990s, when online shopping was a new concept? It was an innovation that developed in lockstep with the internet that let you buy books and DVDs and eventually anything you could imagine from the comfort of your desktop.
Things got even more convenient with the broad adoption of smartphones. As fast as the world seems to be moving, real progress is oftentimes quite slow. Younger generations can adapt relatively quickly but we can be suspicious creatures of habit for the most part. Not too long ago, online dating was considered purely for the brave, crazy or desperate. Now it’s the standard.
There is very little now that cannot be found or bought in some form of online marketplace. Now, property has become the latest item to find itself shoppable on the web. While previously many would only consider leasing and purchasing properties they’d seen in person, these times call for new measures.
