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Rick Otton Podcast Reveals How Technology Will Change Real Estate Investing(July 31, 2014)
(PRWEB) July 31, 2014
Technology is revolutionising peoples personal lives and how they do business, and the real estate industry is not immune. Leading innovator and real estate investor, Rick Otton, has revealed in his latest podcast the most recent changes affecting the industry, and how technology can help investors achieve market-beating returns.
Technology is one of those things that scares a lot of people, which is understandable given how quickly things move, said Mr. Otton. Its incredible to think that 10 years ago iPhones, iPods and tablet computers didnt exist and that 15 years ago things that are part of daily life as we know it like Google and YouTube hadnt even been thought of!
There is a recent trend in retail called 'showrooming'. It refers to a situation where a buyer of a big ticket item like a fridge or big screen television will go into Harvey Norman or JB Hi-Fi and see the item up close and maybe talk to the assistant to get some information, explained Mr. Otton.
They will then head home and get on the Internet to see if they can get a better price online or from a competitor. It may not seem applicable to real estate, but the fact is that with Google Maps and their Streetview technology, an investor can see what a prospective investment house and neighborhood looks like without ever leaving their own home, said Mr. Otton.
The other big change is with how documents are processed. There has been some basic electronic signature technology around for some time now, but almost everyone has a smartphone or tablet computer these days. Because of this, signing electronically is about to get much more common, with everyone from banks to real estate agents embracing the technology to do so securely, said Mr. Otton.
In such a fast paced and rapidly changing environment its more important than ever that investors have a regular and trusted source of information to go to when they want to access creative real estate and investing strategies. That is specifically the reason I started the We Buy Houses Radio Show and podcast, as I think it is a fantastic source of information for all property investors," said Mr. Otton.
Investors interested in listening to full episodes of the We Buy Houses Radio Show are encouraged to view the full list of podcasts at http://www.WeBuyHousesRadio.com. Previous editions of the show, transcripts of each, as well as many other resources are available to access from the site at no charge.
For over 24 years property investment specialist Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed that dont require taking out traditional bank-type loans. He constantly refines his techniques as he buys and sells properties through his We Buy Houses business. which operates in Australia, New Zealand and the UK.
A gifted speaker and educator, Mr. Otton conducts regular free seminars across Australia, which build on the concepts he shares in his book How To Buy A House For A Dollar. The book was voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.
He regularly broadcasts, records, and publishes the transcripts of, his iTunes podcasts via We Buy Houses Radio.
Known for his innovative low-risk, high-reward approach to Australian real estate investing, Rick has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor.
Subscribers to Mr. Ottons We Buy Houses Radio no-charge podcasts receive a complimentary Property Investors Tool Kit. To learn more, visit http://www.WeBuyHousesRadio.com.
Read the full story at http://www.prweb.com/releases/technology-in-real-estat/rick-otton-podcast/prweb12057702.htm.