In a global survey carried out in the real estate sector, it has been found that a lot of people have been preferring to buy and sell their properties with the help of online real estate services. The major reason responsible for the rising popularity of online real estate services across the world is the high number of options available with consumers. Due to the increasing digitization, it has become easier for everyone to look for a property online with ease.
It has been observed that there is a surge in the number of online real estate services in developing countries. In India, a lot of people have been relying on the online platform, 99sqft, in order to sell and purchase property with the help of this online service. The rising disposable income of people and the increasing construction activities have been making it possible for everyone to invest in the real estate sector in developing countries. The changing lifestyle of people has also been making it imperative for a lot of families to switch to a new house in order to increase their standard of living.
With the use of digital marketing techniques, it has simply become possible for a lot of real estate companies to approach prospective buyers and sellers through social media platforms. As a lot of construction activities have been going on in developing countries, more people are preferring to invest in the real estate sector to buy their residential as well as commercial property.