Tuesday, August 3, 2010
Real Estate Arguably is the Location-Based App With the Greatest Commercial Value
Mobile real estate apps, such as those available from Zillow, Redfin, ZipRealty, Century 21 and Realtor.com, have an obvious value. Home hunting is, by definition, an "out and about" experience.
So it is quite valuable to look up sale and pricing information about the house you are standing in front of, as well as sales history for other homes in the area.
In Zillow’s case, the app finds homes for sale nearby your current location, or you can look up the value of the house you are standing by.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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