Overview

Whether you are an old-school investor or a young investor with a new mindset, real estate is always a fascinating option among investors. The real estate industry is a massive industry and if we talk about the market size of the real estate industry then in 2018 only it was worth $2.7 trillion and contributed to 13% of the total GDP of the U.S. If we talk about the global real estate industry then the market size of the professionally managed global real estate investment market increased from $8.9 trillion in 2018 to $9.6 trillion in 2019, showing annual growth of 7.8%. These numbers are more than enough to show how important this industry is and it is still growing at a very good pace.

The demand for real estate is never going to end and no matter how far we go on the technology front but we will always need a shelter to live in. We can see some slowdown in the market for the short-term but the market will never end. If we talk about what has happened till now then with time we have only seen the rise in the demands of real estate. As the population is increasing and we all need shelter for ourselves, the rise in the demand for real estate is very natural.

There are more than 2 million people working in real-estate in the United States only as per the data of 2018. Although there are no data to show how many people are actually working in the real estate industry as the market is highly unorganized in various countries, it is expected that around 4 to 6 million people are dependent on the real estate industry.

The real estate industry is huge and the opportunities are endless. The earnings in real estate are also good and you can make money depending on your work. The harder you work the more you earn and the earnings are usually very good in most parts of the world. Although real estate is a very broad term and your income depends on what you are doing if we talk about a real-estate agent which is the most common job that people start with then your income can be as much as $100,000 every year if you are able to make good sales. There is no fixed income as such so if you sell more properties then you can make even higher for sure and if you are not able to close as many sales then your income can fall down too. There are many more things in the real estate industry and you can explore more career options based on what field you choose.

Challenges

Real-estate is a market that is never going to collapse permanently although there might be some temporary fluctuations in the market. Still, there have been a lot of transformations in the industry in the past few years as the world is shifting over to the internet. We have seen so many successful real-estate platforms on the web in the past few years and many more are still entering the market and growing very well. This is a very big threat to the traditional real estate companies and real estate agents as they are losing a lot of their business to these platforms.

The biggest challenge that traditional agents face while competing with the online players is that the online players have access to a very big market as they do not have to be present at a place physically to sell properties. They simply connect the buyer and seller on their platform and charge commission whenever a transaction happens. It is as simple as that but for the traditional players, it is not that easy as they have to physically visit a place for either selling or buying and they have access to a very limited area. It is also easy for a buyer or seller to find someone online for their property and that also makes it difficult for them to get clients.

The real-estate market faces regular fluctuations and it is never constant. This makes it very difficult for small or new entrants to survive in the market. Technology has made the speed of change way faster than before and it is very tough to keep up with the change. People working in the industry need to align with the speed of change or they need to take over the speed at which the changes are happening. Technology has brought a very rapid change in the consumer behavior of people and the real estate industry is no exception.

Solution

e-GSS has worked very closely with real-estate businesses to solve all the challenges that they are facing. We understand the challenges of the real estate industry and we make sure that we provide you with all the resources that you need to make your business a successful enterprise. Our professionals are aware of even the smallest of the details related to your challenges and we strive to give you the solution that saves your efforts and brings down the challenges that come in your way.

Whether you need a website to engage your customers and reach out to the billions of people who are present on the web or you need a reliable partner to upgrade your existing website with an engaging design, e-Global Soft Solutions is there to take care of everything. Our digital marketing team helps you collect a very targeted lead for your property so that you can generate more sales and thus, gain more profits. We do not just sell you our service, instead what we focus on is giving you a full-proof solution so that you can achieve your end goal. We are the full stop of all your technology-related problems and you need nothing more than us for the solution to all your challenges.

We do not just help you in overcoming the challenges but we help you in becoming the leader in your respective market. We help you in predicting the change of the future in advance so that you always stay ahead of the game instead of worrying about the changes. We provide you with the disruptive technology that is going to change your market in the future. Lead the change with us and be the first mover always.

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