Troy Narayan, Director of E World Holdings, Offers his Thoughts on Technology in Real Estate

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Troy Narayan, Director of E World Holdings, explains why he believes the recent trend of technology in real estate will bolster business the industry.

Troy Narayan, Owner of E World Holdings, believes technology is assisting in business operations every single day. Narayan and the company implement technology as part of their day-to-day operations in order to best meet the needs of their customers and adapt to the changing market.

“AI is completely revolutionizing the way the real estate industry is operating. We’re excited to see how the advancement of technology will also advance our business,” says Troy Narayan

Another popular technology aide is Robot Realtors, which are becoming more and more commonplace in the real estate world. These robots serve several purposes. They have the ability to make three-dimensional videos of real estate property. They can also provide virtual tours of a property when the actual realtor or buyer is unavailable. Virtual property tours are a convenience for prospective buyers with busy schedules, or who can’t physically visit a location for whatever reason. Perhaps the buyer is looking to buy a home on the other side of the country. Robot realtors come in handy!

“We used to have to go to the office to do all of our paperwork. With the advent of phone apps, we have everything available to us right at our fingertips,” says Narayan

There are phone apps for almost everything these days, and the real estate world is not exempt. There are apps that can be used to book showings without having to call. Showingtime, 10MinRealty and other similar phone apps help real estate brokerages book showings of their listings. For a showing agent who is trying to book showings on short notice, that is a huge advantage.

The Sun Seeker app is another helpful tool in the real estate world. It uses GPS to display the position and the path of the sun, no matter where you are located on the planet. The app can be especially helpful on rainy or overcast days, when your buyers are trying to get a feel for how much natural light the property is regularly exposed to. It can also help you plan property photo shoots.

Alongside phone apps, other processes have been simplified through technology. The contracts process has been significantly improved with electronic signing of offers, and other agreements. Instead of requiring a “wet” signature, an agent can simply have documents forwarded to email, you can sign them online, and the whole process is streamlined. Docusign and HelloSign are two of the most popular paperless signing apps used by realtors.

About Troy Narayan

Troy Narayan is the co-owner of E World Holdings. In this position, he handles and specializes in investments, development, brokerage services, and property and asset management. Troy Narayan offers guidance and expertise to both individual and commercial real estate properties, exhibiting a wealth of knowledge among big and small investors.

Troy works with his son, Shiva Narayan, in the execution of the business operations. Together, they have created a world class investment company in E World Holdings. They manage the direction of a portfolio of investments in a strategic way, looking at both the personal and the business aspects of the portfolios.

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Troy Narayan

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since: 01/2018
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