Navigating the Intersection of Real Estate and Broadband - ETI
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March 20, 2024

Navigating the Intersection of Real Estate and Broadband

 

The following summary has been condensed for length and readability. To listen to the full discussion, click here. This episode is sponsored by ETI Software and VETRO FiberMap.

In a recent episode of The Broadband Bunch podcast, Matt Fowler, a director at Triangle MLS, shared valuable insights into the evolving landscape of real estate and the crucial role that broadband availability data plays in the industry. Here’s a summary of the key points discussed:

Embracing Data Innovation

Fowler emphasized the importance of real estate professionals embracing technological advancements and leveraging data innovations to enhance their services. He highlighted how many realtors have quickly adopted new data elements, such as broadband availability data, to better serve their clients.

Celebrating Industry Leaders

Fowler emphasized the significance of celebrating and recognizing real estate agents who embrace new technologies and data sources. By highlighting the achievements of these agents, the industry can inspire others to follow suit and drive positive change.

The Value of Education

Fowler discussed the importance of education within the real estate industry, particularly in areas related to technology and data literacy. He suggested implementing certification programs and educational initiatives to equip agents with the necessary skills to leverage broadband availability data effectively.

Looking Ahead

Looking to the future, Fowler discussed the continued standardization and automation of real estate processes. He emphasized the importance of organizations like the Real Estate Standards Organization (RESO) in standardizing data elements such as broadband availability to ensure consistency and reliability across the industry.

The Role of Broadband Providers

Lastly, Fowler highlighted the role of broadband providers in supporting the real estate industry. By providing accurate and up-to-date broadband availability data, providers can empower agents and homebuyers with valuable information to make informed decisions.

Overall, Fowler’s insights shed light on the symbiotic relationship between the real estate and broadband industries. By embracing data innovation, celebrating industry leaders, investing in education, and fostering collaboration between stakeholders, both industries can continue to evolve and thrive in the digital age.

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