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IndustryArena Forum > Events, Product Announcements Etc > Trade Shows / Webinars / Other Events > How can data science change commercial real estate?
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  1. #1
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    How can data science change commercial real estate?

    How can data science change commercial real estate?

  2. #2
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    Re: How can data science change commercial real estate?

    I can say that the commercial real estate sector will be able to use data science for lead generation, forecasting, prediction and efficiency. Thus, companies will use data science in a wide range of activities as it will help improve decision-making processes, improve strategies, manage risk, analyse behaviour and make informed and accurate forecasts. Light IT in general, data science will become an integral part of every commercial real estate firm. In case you're wondering, here's an article that talks more about it.

  3. #3
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    Re: How can data science change commercial real estate?

    What kind of data are we talking about exactly?

  4. #4
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    Re: How can data science change commercial real estate?

    It is difficult to answer this question briefly and meaningfully, it seems to me that it is better to rely on an analysis of the commercial real estate market. Commercial real estate - one of the most interesting areas for investing money. As a top investor and student of chaddo.com, I can only say that analyzing the real estate market today, I have identified several interesting factors. For example, even the hotel real estate sector has grown, helped by the beginning of active vaccination, the reduction of unemployment, government support, and the rapid recovery of the economy.

  5. #5
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    Re: How can data science change commercial real estate?

    How science will affect the real estate and commerce?

  6. #6
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    Re: How can data science change commercial real estate?

    And you imagine that the scientific data on geopolitics will develop. And then we will draw conclusions about real estate. For example, in Japan, people believe that buying property is a bad investment. Houses are not built because they are considered old after thirty years. If we had data on geodata and could prove that construction is not dependent on natural disasters, people would continue to buy houses near volcanoes. As for the United States and Europe, it is even easier here. At timthomas.co I know several people who can prove that investing in real estate is a long term investment.

  7. #7
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    Re: How can data science change commercial real estate?

    You should first check whether the company has a good reputation among their clients and if they have any feedback online. The best way to do this is by looking at their website. If the company has a website, the information will be displayed so you can check it out before you even call them. Also, I recommend reading some articles from https://www.houseincity.com/trulia-vs-zillow-vs-redfin/ . In addition to checking out the company's website, you should also check whether they have a Facebook page or some other social media account where people write about their experiences with them.

  8. #8
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    Re: How can data science change commercial real estate?

    I can say that the commercial real estate sector will be able to use data science for lead generation, forecasting, prediction and efficiency. Thus, companies will use data science in a wide range of activities as it will help improve decision-making processes, improve strategies, manage risk. https://windowsonthelake.com/ In addition to checking out the company's website, you should also check whether they have a Facebook page or some other social media account where people write about their experiences with them.

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