Commercial real estate: how brokers and lenders can get their checks in the "e-mail."

Article Abstract:

Internet offers real estate brokers and lenders an easy and practical way to deal with and pre-qualify potential clients of even the global scale. They can also virtually tour them through the buildings with the Virtual Reality Modeling Language (VRML). Further, the online service also presents no pressure on the broker-client relationship because clients can visit the site any time they want without the element of persuasion. With an initial budget of $5000 for the design and connections, the broker can also maximize time for using the technology because it can be accessed 24 hours a day.

Real estate agents and managers, Real Estate Agents & Brokers, Offices of Real Estate Agents and Brokers, Usage, Real estate agents, Technology application

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New E-Signature Laws Make Lenders and Borrowers E-Naked

Article Abstract:

The 1999 Uniform Electronic Transactions Act enacted in 20 states and the Federal law called "Electronic Signatures in Global and National Commerce Act" (the E-Sign Act) have legalized the electronic form of a signature in a contract, or other record relating to a transaction in or affecting interstate or foreign commerce. However, there are risks, formal or informal, in the use thereof that have to be looked into and protections to be devised for consumers and against lender liability.

Safety and security measures, Laws, regulations and rules, Contracts, Digital signatures, Digital signatures (Authentication), Loans

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Technology and the Future of the Real Estate Industry

Article Abstract:

High technology has influenced and enhanced the real estate industry in many aspects, such as in telecommunications, cooling systems, ceiling heights, floor loading, rooftop requirements, capacity risers, building access and 24 hour- seven days operations.

Statistical Data Included, High technology, Influence, Growth, Teleconferencing

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