Drones, 5g, and VR dot future of real estate tech

Cyber ​​security, 5G, drones and virtual reality are the technological developments that are expected to have the biggest impact on real estate in the next two years, according to a The Real Estate Association examination.

The survey also found that 36% percent of agents spend $ 50- $ 250 per year. Month on technology, while 23% spend more than $ 500.

The figures released Tuesday come from 3,104 online responses to a June survey of NAR members. About 1.4 million real estate agents — the vast majority of U.S. real estate professionals — are contingent-paying members of NAR in Chicago.

31 percent of the agents surveyed believe that 5G will have the greatest effect in the next 24 months. Meanwhile, 30% identified virtual reality as the most likely to affect real estate on a daily basis.