TOP
All Categories

How BLE Beacon Technology is Reshaping the Real Estate Industry?

  • Abhishek Shukla
  • Feb 15, 2024
  • RFID
Role of BLE Beacons in Reshaping Real Estate benefits applications

 

BLE (Bluetooth Low Energy) beacons provide several advantages to the real estate business, transforming how properties are promoted, accessed, and managed.

Real estate, like other businesses are being reshaped by technology. Realtors are increasingly drawn to technology to offer the best customer experience when they put the property on the market, invite customers to show the property listings, and to ensure a smooth customer experience. Customers also want all kinds of information before they finalize a house or office and all that is now possible with various AIDC and IoT technologies like QR Codes, BLE beacons, and various other Internet of Things technologies and sensors. One such technological breakthrough making waves in the real estate industry is Bluetooth beacon technology. Beacons, small Bluetooth Low Energy-enabled devices, are changing the way properties are sold, accessed, and maintained. Beacons have a range of 70-80 meters, and any mobile device within that range can participate in the campaign. Realtors can ensure that market listings and other information are shared directly on customers’ smartphones based on their proximity to the properties. Yes, with BLE, that is possible!

In this blog article, we'll look at how beacons are revolutionizing the real estate business on a variety of levels, from improving property marketing to easing property management operations.

How BLE Beacon is Reshaping the Real Estate Industry?

BLE (Bluetooth Low Energy) beacons provide several advantages to the real estate business, transforming how properties are promoted, accessed, and managed.

Here's how BLE beacons are reshaping the real estate industry, offering various benefits and applications:

1. Enhanced Property Marketing with BLE Beacons

BLE (Bluetooth Low Energy) beacons are transforming property marketing in the real estate sector by providing a targeted and personalized method to address potential buyers and renters. These beacons allow real estate brokers and property developers to send relevant property information, virtual tours, and promotional offers straight to the smartphones of people who walk by a property. By strategically installing BLE beacons in properties or critical places, agents can send push notifications to adjacent mobile devices informing users about the property's availability, features, and surrounding amenities. Such a tailored strategy improves property exposure and interaction, generating quality prospects and speeding up the sales process. Furthermore, BLE beacons support dynamic content delivery, allowing agents to tailor messages based on the user's location, preferences, and browsing history.

2. Improved Customer Experience when they visit the property

BLE beacons provide a substantial contribution to improving the consumer experience in the real estate market by enabling smooth and interactive property viewing. Prospective buyers or tenants can quickly access property information, floor plans, and multimedia material on their smartphones as they explore the property thanks to BLE-enabled mobile applications. It removes the need for printed materials or bulky pamphlets, simplifying the process and enabling fast access to relevant information. Furthermore, BLE beacons provide real-time communication between agents and customers during property viewings, allowing for fast feedback, query responses, and problem resolution. Such personalized engagement builds trust and confidence in the agent and the property, hence improving the entire consumer experience.

3. Efficient Property Management for Realtors

BLE beacons play an important role in improving property management operations in the real estate sector. Property managers obtain real-time insights on various aspects of property usage, such as occupancy rates and foot traffic patterns, by putting BLE beacons across amenities. Such information enables more informed decisions about resource allocation, space utilization, and facility maintenance. BLE beacons also automate regular operations like check-ins, access control, and maintenance requests, which reduces administrative burden and improves operational efficiency. Property managers can remotely monitor and manage properties from anywhere, allowing for preventive maintenance and ensuring that facilities operate optimally.

4. Enhanced Security and Safety

BLE beacons are useful in improving security and safety measures in the real estate market. When used with security systems, BLE beacons allow real-time monitoring of access points, detecting unauthorized entrances, and delivering quick notifications to property managers or security personnel. That proactive method offers a quick response to possible security breaches, reducing risks and protecting properties from attacks or threats. In an emergency, BLE beacons speed up evacuation operations by giving real-time position information and directing inhabitants to safe exits. Furthermore, BLE beacons help with asset tracking and inventory management, allowing property managers to monitor important objects and track their movement across the property.

5. Data-driven Insights and Decision-making using BLE Beacon

BLE beacons give significant data insights, allowing real estate professionals to make more informed decisions and optimize their operations. Property managers can gain important insights into tenant behavior, preferences, and patterns by analyzing data received from BLE-enabled devices, such as foot traffic patterns, stay periods, and user interactions with beacon-enabled applications. Such data-driven strategy allows real estate professionals to discover areas for improvement, alter property layouts, and customize amenities or services to better match tenant expectations. Furthermore, data analytics obtained from BLE beacons help to influence strategic decisions about property pricing, marketing campaigns, and tenant retention programs.

6. Automated Check-ins and Access Control

BLE beacons automate the check-in and access control processes in the real estate market while also improving security measures. With BLE-enabled check-in systems, potential buyers or tenants can easily register their attendance at a home showing or open house by just entering the premises with their smartphone. As visitors approach the property, BLE beacons identify their presence and instantly register their check-in, removing the need for human registration. Furthermore, BLE beacons can be linked with access control systems to manage entrance rights and track visitor traffic in real-time. It guarantees that only authorized personnel have access to certain portions of the property, increasing security and offering a piece of mind to property owners and agents.

7. Candidate Relationship Management (CRM)

Candidate Relationship Management (CRM) is an essential component of Recruitment Marketing (RM) strategies in today's talent acquisition market. CRM entails developing and sustaining connections with potential applicants even before they apply for a specific employment position. Using CRM technologies and practices, recruiters can successfully maintain candidate connections over time, keeping them engaged and informed about relevant employment possibilities inside the organization. Such proactive strategy for applicant engagement entails personalizing communication, giving useful information and tools, and guaranteeing a pleasant candidate experience throughout the recruiting process. CRM methods can help organizations build a talent pipeline of quality applicants, cut time-to-hire, and improve their employer brand by creating meaningful interactions with future employees.

 

Finally, BLE beacons are transforming the real estate business by providing novel solutions for improving property marketing, customer experiences, property management, customer relationship management, security measures, and data-driven decision-making. Real estate executives can unlock new opportunities for efficiency, creativity, and development by strategically integrating BLE-enabled devices across their buildings.

These beacons streamline property marketing efforts by sending targeted and personalized messages to potential buyers or tenants. They improve customer's experiences by providing smooth property viewings and real-time communication with agents. Furthermore, BLE beacons optimize property management procedures, strengthen security measures, and give significant data insights for strategic decision-making.

 

Disclaimer: The information presented here is for general information purposes only and true to best of our understanding. Users are requested to use any information as per their own understanding and knowledge. Before using any of the information, please refer to our Privacy Policy and Terms and Conditions.


  • Created on Feb 15, 2024
Scan the QR code
OR
Click to Chat