p>By the time John Smith and his family have pulled back into the driveway in their hybrid fuel-celled car, an electronic sales contract has been prepared and accepted, the mortgage loan is in place, movers are scheduled, the dry cleaners has been notified, and the local post office has scheduled the forwarding of the mail.

Tomorrow’s technologies when applied to purchasing real estate will set forces in motion that allows the buyer and agent to direct the complexities of today’s real estate purchase transaction with the dexterity of flipping a light switch.

How

The year is 2015 and John Smith wants to buy a home for his family.

He returns to his smart apartment. The front door, sensing his presence by the chip in his cell-wallet, unlocks itself automatically. John walks into his kitchen and starts a dialogue with his home computer management system, asking to be connected to one of the many Internet search engines for real estate. An “AI” (Artificial Intelligence) assistant asks Mr. Smith a series of probing questions about his specific housing needs and compiles other known data about Mr. Smith and his family into a personalized search file. The “AI” assistant interfaces with its networking grid and an instantaneous speed, selects a list of available homes and immediately downloads the streaming data for immediate review while Mr. Smith dons his Virtual Glasses and takes a guided visual tour of the homes and neighborhood, without even leaving the kitchen.

While this tour concludes, the computerized home management system simultaneously transfers maps and routing data to Mr. Smith’s car computer. The transferred program then uploads a tour of selected homes onto the onboard GPS navigational system, plotting the best routes on the best days, and schedules access and showing appointments with the potential home sellers agents. If the buyer did not discuss a realtor representative, a list of licensed realtors is suggested for consideration. This suggested agent list is based on the DISC personality traits of the buyer and linked to the matching traits and expertise of licensed Realtors servicing the specific geographic area. The Simulation Realtor Representative or SIM for short, is introduced during the virtual home tour, downloaded like an avatar of today's popular instant-messaging personalization.

At the conclusion of a GPS-guided home tour, the buyer is offered terms and disclosures along with incentives and mortgage programs from a variety of lending institutions based on prescreened and accessible credit information. With the simple affirmation of the voice command “Buy”, electronic contracts and closing papers are drafted in cyberspace and inspectors and appraisers are scheduled, with binary data flowing seamlessly to title companies and attorney offices for electronic document preparation and review.

By the time John Smith and his family have pulled back into the driveway in their hybrid fuel-celled car, an electronic sales contract has been prepared and accepted, the mortgage loan is in place, movers are scheduled, the dry cleaners has been notified, and the local post office has scheduled the forwarding of the mail.

Tomorrow’s technologies when applied to purchasing real estate will set forces in motion that allows the buyer and agent to direct the complexities of today’s real estate purchase transaction with the dexterity of flipping a light switch.

How

sonalized search file. The “AI” assistant interfaces with its networking grid and an instantaneous speed, selects a list of available homes and immediately downloads the streaming data for immediate review while Mr. Smith dons his Virtual Glasses and takes a guided visual tour of the homes and neighborhood, without even leaving the kitchen.

While this tour concludes, the computerized home management system simultaneously transfers maps and routing data to Mr. Smith’s car computer. The transferred program then uploads a tour of selected homes onto the onboard GPS navigational system, plotting the best routes on the best days, and schedules access and showing appointments with the potential home sellers agents. If the buyer did not discuss a realtor representative, a list of licensed realtors is suggested for consideration. This suggested agent list is based on the DISC personality traits of the buyer and linked to the matching traits and expertise of licensed Realtors servicing the specific geographic area. The Simulation Realtor Representative or SIM for short, is introduced during the virtual home tour, downloaded like an avatar of today's popular instant-messaging personalization.

At the conclusion of a GPS-guided home tour, the buyer is offered terms and disclosures along with incentives and mortgage programs from a variety of lending institutions based on prescreened and accessible credit information. With the simple affirmation of the voice command “Buy”, electronic contracts and closing papers are drafted in cyberspace and inspectors and appraisers are scheduled, with binary data flowing seamlessly to title companies and attorney offices for electronic document preparation and review.

By the time John Smith and his family have pulled back into the driveway in their hybrid fuel-celled car, an electronic sales contract has been prepared and accepted, the mortgage loan is in place, movers are scheduled, the dry cleaners has been notified, and the local post office has scheduled the forwarding of the mail.

Tomorrow’s technologies when applied to purchasing real estate will set forces in motion that allows the buyer and agent to direct the complexities of today’s real estate purchase transaction with the dexterity of flipping a light switch.

How

gational system, plotting the best routes on the best days, and schedules access and showing appointments with the potential home sellers agents. If the buyer did not discuss a realtor representative, a list of licensed realtors is suggested for consideration. This suggested agent list is based on the DISC personality traits of the buyer and linked to the matching traits and expertise of licensed Realtors servicing the specific geographic area. The Simulation Realtor Representative or SIM for short, is introduced during the virtual home tour, downloaded like an avatar of today's popular instant-messaging personalization.

At the conclusion of a GPS-guided home tour, the buyer is offered terms and disclosures along with incentives and mortgage programs from a variety of lending institutions based on prescreened and accessible credit information. With the simple affirmation of the voice command “Buy”, electronic contracts and closing papers are drafted in cyberspace and inspectors and appraisers are scheduled, with binary data flowing seamlessly to title companies and attorney offices for electronic document preparation and review.

By the time John Smith and his family have pulled back into the driveway in their hybrid fuel-celled car, an electronic sales contract has been prepared and accepted, the mortgage loan is in place, movers are scheduled, the dry cleaners has been notified, and the local post office has scheduled the forwarding of the mail.

Tomorrow’s technologies when applied to purchasing real estate will set forces in motion that allows the buyer and agent to direct the complexities of today’s real estate purchase transaction with the dexterity of flipping a light switch.

How

today's popular instant-messaging personalization.

At the conclusion of a GPS-guided home tour, the buyer is offered terms and disclosures along with incentives and mortgage programs from a variety of lending institutions based on prescreened and accessible credit information. With the simple affirmation of the voice command “Buy”, electronic contracts and closing papers are drafted in cyberspace and inspectors and appraisers are scheduled, with binary data flowing seamlessly to title companies and attorney offices for electronic document preparation and review.

By the time John Smith and his family have pulled back into the driveway in their hybrid fuel-celled car, an electronic sales contract has been prepared and accepted, the mortgage loan is in place, movers are scheduled, the dry cleaners has been notified, and the local post office has scheduled the forwarding of the mail.

Tomorrow’s technologies when applied to purchasing real estate will set forces in motion that allows the buyer and agent to direct the complexities of today’s real estate purchase transaction with the dexterity of flipping a light switch.

How

p>By the time John Smith and his family have pulled back into the driveway in their hybrid fuel-celled car, an electronic sales contract has been prepared and accepted, the mortgage loan is in place, movers are scheduled, the dry cleaners has been notified, and the local post office has scheduled the forwarding of the mail.

Tomorrow’s technologies when applied to purchasing real estate will set forces in motion that allows the buyer and agent to direct the complexities of today’s real estate purchase transaction with the dexterity of flipping a light switch.

How will the realtor and mortgage lender stay an integral part of the real estate transaction when many of the services and reasons for their representation offered today will be eliminated by future technologies? How will realtors keep a competitive edge and protect the ever-shrinking sales commission? These are popular areas of concern for the veteran agent as well as the rookie who just graduated from Champions training.

The introduction of the Internet in the 1990’s and the growing success of online real estate companies such as eRealty and ZipRealty, coupled with discount realty brokerages have given potential buyers and sellers more options to the previously traditional listing/selling agreements. The astute seller today knows the commission “can be negotiated” just as interest rates and points. In just ten more years, 2016, the next wave of real estate buyer will be of a generation that did not know of a time without the Internet, home computers, or electronic banking. They will not understand the concept of perusing a newspaper or magazine to search for homes. This would be as archaic and foreign as today’s college student going to the local library to sift through piles of newspapers in the basement to complete research for a class assignment. They will be born of the new technology and quick accessible information will be what they are conditioned to expect and receive.

So how will real estate professionals stay in the game with the technologies? Regardless of the advances in science, consumers are still basic creatures of habit. They are predictable in their wants and tastes. As a society and individuals, consumers usually take action that serve them best and reward them the soonest. They will typically take the shortest path with the least resistance. And the “microwave mentality” buyer of the future will not hesitate to click “next” if they do not receive immediate information and answers.

However, consumers still enjoy the experience of making their purchase. Even though the number of online Internet stores exceeds one million, the majority of consumers still seek the actual shopping experience of going to the brick and mortar store to select their clothing or gifts. Although they want to shop, they want to eliminate wasted time and want to