Costa Bajjali Talks Technologies Disrupting The Real Estate Sector In New Article
President and Co-founder of IDM Partners and IDM Realty Group, Costa Bajjali, discusses how technological advancements have impacted our ability to buy and sell various types of properties.
HOUSTON, TX / ACCESSWIRE / June 25, 2021 / Costa Bajjali, an esteemed entrepreneur and real estate professional, was recently featured in an article published on TMCnet.com. TMCnet is the world’s leading platform for technology and communications news, including exclusive content from some of the industry’s top leaders.
In the article, Costa Bajjali examines the real estate industry before technological innovations simplified the buying and selling process. In the past, listing agents would show potential buyers multiple homes in a day and hand-deliver offers, which now proves to be time-consuming and inconvenient for all parties involved.
‘One of the most significant innovations that come from technology is with MLS listings,’ says Bajjali. ‘These are essentially real estate listings that you see when you visit many online websites. It is an easy way for buyers to search for property.’
According to 2018 research, 93% of homebuyers used online websites to support their house-hunting efforts, oppose to driving through neighborhoods or searching for listings in local newspapers.
Bajjali also points out how modern technology has made it easier for people to finance their homes. ‘Technology is also changing the way buyers look for loans when they shop. It makes the process more streamlined, so they can easily find the right loan for their needs. You can now go on the Internet and compare loan providers and even get an instant quote,’ he explains.
A recent CNBC report indicates that two of the leading barriers to homeownership are not being able to afford a down payment or qualify for a mortgage.
Fortunately, the technology boom has made it possible to find the home of their dreams and find various loan providers with programs that could help reduce the down payment or improve credit scores in order to qualify for a mortgage.
In general, Bajjali is excited about the growing trends in his industry and believes that technological innovations will continue to benefit the real estate sector moving forward.
For more information, please visit costabajjali.com.
About Costa Bajjali
Costa Bajjali is a well-respected Real Estate Broker and Development Consultant in Missouri City, Texas. He graduated from the University of Houston, where he received his Bachelor of Business Administration. He later co-founded Wallace Bajjali Development Partners and oversaw $350 million worth of development projects throughout Texas and the United States. These ventures included single-family homes, retail developments, office buildings, town centers, student housing, and assisted living.
Today, Bajjali has more than 25 years of business expertise and is the President and co-founder of IDM Partners and IDM Realty Group, LLC. IDM is a prominent real estate company specializing in Investment, Development, and Management of various real estate assets.
Contact Information:
Costa Bajjali
costa@idmrealty.com
(281) 444-4455
SOURCE: IDM Partners and IDM Realty Group
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