An Investigation of Real Estate Technology Utilization in Technologically Advanced Marketplace

Paper

Ullah, F., Sepasgozar, S. and Siddiqui, S.Q.. 2017. "An Investigation of Real Estate Technology Utilization in Technologically Advanced Marketplace." 9th International Civil Engineering Congress (ICEC-2017) “Striving Towards Resilient Built Environment” December 22-23, 2017, Karachi, Pakistan. Karachi Pakistan. https://doi.org/10.26190/unsworks/26543
Paper/Presentation Title

An Investigation of Real Estate Technology Utilization in Technologically Advanced Marketplace

Presentation TypePaper
AuthorsUllah, F., Sepasgozar, S. and Siddiqui, S.Q.
Journal or Proceedings Title9th International Civil Engineering Congress (ICEC-2017) “Striving Towards Resilient Built Environment” December 22-23, 2017, Karachi, Pakistan
Number of Pages10
Year2017
Place of PublicationKarachi Pakistan
Digital Object Identifier (DOI)https://doi.org/10.26190/unsworks/26543
Web Address (URL) of Paperhttps://www.researchgate.net/profile/Fahim-Ullah-11/publication/323548642_An_Investigation_of_Real_Estate_Technology_Utilization_in_Technologically_Advanced_Marketplace/links/6563d84b3fa26f66f42aafbe/An-Investigation-of-Real-Estate-Technology-Utilization-in-Technologically-Advanced-Marketplace.pdf
Web Address (URL) of Conference Proceedingshttps://www.researchgate.net/profile/Babita-Oad/publication/337894353_2nd_ICSDC_International_Conference_FULL-BOOK_compressed/links/5df107064585159aa4753d6c/2nd-ICSDC-International-Conference-FULL-BOOK-compressed.pdf
Conference/Event9th International Civil Engineering Congress (ICEC-2017) “Striving Towards Resilient Built Environment” December 22-23, 2017, Karachi, Pakistan
Event Details
9th International Civil Engineering Congress (ICEC-2017) “Striving Towards Resilient Built Environment” December 22-23, 2017, Karachi, Pakistan
Abstract

Recently, digital technology has made its way into the property market, but the applications of new interactive technologies such as Virtual and augmented realities are yet to be explored in real estate sector. The literature in this area is scarce and thus provides an impetus for thorough exploration. This paper systematically reviews the state of the art technologies in the real estate websites of the US and Australia. It presents a SWOT score matrix including the advantages and functionalities of the Real Estate Technology (RET) such as Virtual and Augmented reality, 3D laser scanners, 360 cameras and walk-throughs along with technology adoption capacity of the websites. Based on the scored matrix, the paper discusses future trend in real estate industry taking user’s perspectives into account and highlights the need of Technology Adoption Model (TAM) for real estate property management. A total of 10 websites: Top 5 visited websites each from Australia and the US were selected for a systematic analysis based on the SWOT based Rubric of focused disruptive RET use, neighbourhood insights, nearby facilities, virtual tours, total results and minimum price. These assessments are made by comparing search results of Mascot Sydney and Laurel Maryland. The results, based on comparative analyses and novel SWOT scores matrix, are expected to pave the way for developing TAMs in real estate management that so far, is non-existent considering available literature. In future, the matrix can be expanded to include customers and websites from both developed and developing countries and a holistic TAM can be proposed to add both theoretical and practical value to real estate body of knowledge.

KeywordsTechnology Adoption Model (TAM); Real Estate Technology (RET); Real Estate Websites (REW); SWOT Rubrics; SWOT Analysis
Article Publishing Charge (APC) FundingOther
ANZSRC Field of Research 2020330201. Automation and technology in building and construction
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Awais, Muhammad, Aslam, Bilal, Maqsoom, Ahsen, Khalil, Umer, Ullah, Fahim, Azam, Sheheryar and Imran, Muhammad. 2021. "Assessing Nitrate Contamination Risks in Groundwater: A Machine Learning Approach." Applied Sciences. 11 (21), pp. 1-21. https://doi.org/10.3390/app112110034
Effects of COVID‐19 on the Australian economy: insights into the mobility and unemployment rates in education and tourism sectors
Munawar, Hafiz Suliman, Khan, Sara Imran, Ullah, Fahim, Kouzani, Abbas Z. and Mahmud, M. A. Parvez. 2021. "Effects of COVID‐19 on the Australian economy: insights into the mobility and unemployment rates in education and tourism sectors." Sustainability. 13 (20), pp. 1-18. https://doi.org/10.3390/su132011300
Towards smart healthcare: UAV-based optimized path planning for delivering COVID-19 self-testing kits using cutting edge technologies
Munawar, Hafiz Suliman, Inam, Hina, Ullah, Fahim, Qayyum, Siddra, Kouzani, Abbas Z. and Mahmud, M. A. Parvez. 2021. "Towards smart healthcare: UAV-based optimized path planning for delivering COVID-19 self-testing kits using cutting edge technologies." Sustainability. 13 (18), pp. 1-21. https://doi.org/10.3390/su131810426
UAV based spatiotemporal analysis of the 2019–2020 New South Wales bushfires
Ullah, Fahim, Khan, Sara Imran, Munawar, Hafiz Suliman, Qadir, Zakria and Qayyum, Siddra. 2021. "UAV based spatiotemporal analysis of the 2019–2020 New South Wales bushfires." Sustainability. 13, pp. 1-35. https://doi.org/10.3390/su131810207
Using multivariate regression and ANN models to predict properties of concrete cured under hot weather: a case of Rawalpindi Pakistan
Maqsoom, Ahsen, Aslam, Bilal, Gul, Muhammad Ehtisham, Ullah, Fahim, Kouzani, Abbas Z., Mahmud, M. A. Parvez and Nawaz, Adnan. 2021. "Using multivariate regression and ANN models to predict properties of concrete cured under hot weather: a case of Rawalpindi Pakistan." Sustainability. 13, pp. 1-28. https://doi.org/10.3390/su131810164
A beginner’s guide to developing review-based conceptual frameworks in the built environment
Ullah, Fahim. 2021. "A beginner’s guide to developing review-based conceptual frameworks in the built environment." Architecture. 1 (1), pp. 5-24. https://doi.org/10.3390/architecture1010003
BIMp-chart — a global decision support system for measuring BIM implementation level in construction organizations
Malik, Qurratulain, Nasir, Abdur Rehman, Muhammad, Rabiah, Thaheem, Muhammad Jamaluddin, Ullah, Fahim, Khan, Khurram Iqbal Ahmad and Hassan, Muhammad Usman. 2021. "BIMp-chart — a global decision support system for measuring BIM implementation level in construction organizations." Sustainability. 13 (16), pp. 1-25. https://doi.org/10.3390/su13169270
Urban overheating assessment through prediction of surface temperatures: a case study of Karachi, Pakistan
Aslam, Bilal, Maqsoom, Ahsen, Khalid, Nauman, Ullah, Fahim and Sepasgozar, Samad. 2021. "Urban overheating assessment through prediction of surface temperatures: a case study of Karachi, Pakistan." ISPRS International Journal of Geo-Information. 10 (8), pp. 1-22. https://doi.org/10.3390/ijgi10080539
UAVs in disaster management: application of integrated aerial Imagery and convolutional neural network for flood detection
Munawar, Hafiz Suliman, Ullah, Fahim, Qayyum, Siddra, Khan, Sara Imran and Mojtahedi, Mohammad. 2021. "UAVs in disaster management: application of integrated aerial Imagery and convolutional neural network for flood detection." Sustainability. 13 (14), pp. 1-22. https://doi.org/10.3390/su13147547
A conceptual framework for blockchain smart contract adoption to manage real estate deals in smart cities
Ullah, Fahim and Al-Turjman, Fadi. 2023. "A conceptual framework for blockchain smart contract adoption to manage real estate deals in smart cities." Neural Computing and Applications. 35 (7), p. 5033–5054. https://doi.org/10.1007/s00521-021-05800-6
Investigating the flood damages in Lower Indus Basin since 2000: spatiotemporal analyses of the major flood events
Atif, Salman, Umar, Muhammad and Ullah, Fahim. 2021. "Investigating the flood damages in Lower Indus Basin since 2000: spatiotemporal analyses of the major flood events." Natural Hazards. 108, pp. 2357-2383. https://doi.org/10.1007/s11069-021-04783-w
Risk management in sustainable smart cities governance: a TOE framework
Ullah, Fahim, Qayyum, Siddra, Thaheem, Muhammad Jamaluddin, Al-Turjman, Fadi and Sepasgozar, Samad M.E.. 2021. "Risk management in sustainable smart cities governance: a TOE framework." Technological Forecasting and Social Change. 167. https://doi.org/10.1016/j.techfore.2021.120743
Advertising through UAVs: Optimized path system for delivering smart real‐estate advertisement materials
Ullah, Fahim, Al-Turjman, Fadi, Qayyum, Siddra, Inam, Hina and Imran, Muhammad. 2021. "Advertising through UAVs: Optimized path system for delivering smart real‐estate advertisement materials." International Journal of Intelligent Systems. 36 (7), pp. 3429-3463. https://doi.org/10.1002/int.22422
Modelling users’ perception of the online real estate platforms in a digitally disruptive environment: an integrated KANO-SISQual approach
Ullah, Fahim, Sepasgozar, Samad M.E., Shiwrozhan, Sara and Davis, Steven. 2021. "Modelling users’ perception of the online real estate platforms in a digitally disruptive environment: an integrated KANO-SISQual approach." Telematics and Informatics. 63. https://doi.org/10.1016/j.tele.2021.101660
Application of deep learning on UAV-based aerial images for flood detection
Munawar, Hafiz Suliman, Ullah, Fahim, Qayyum, Siddra and Heravi, Amirhossein. 2021. "Application of deep learning on UAV-based aerial images for flood detection." Smart Cities. 4 (3), pp. 1220-1243. https://doi.org/10.3390/smartcities4030065
Best Value Contractor Selection in Road Construction Projects: ANP-Based Decision Support System
Hasnain, Muhammad, Thaheem, Muhammad Jamaluddin and Ullah, Fahim. 2018. "Best Value Contractor Selection in Road Construction Projects: ANP-Based Decision Support System." International Journal of Civil Engineering. 16 (6), pp. 695-714. https://doi.org/10.1007/s40999-017-0199-2
Concession period of public private partnership projects: industry–academia gap analysis
Ullah, Fahim and Thaheem, Muhammad Jamaluddin. 2018. "Concession period of public private partnership projects: industry–academia gap analysis." The International Journal of Construction Management. 18 (5), pp. 418-429. https://doi.org/10.1080/15623599.2017.1333400
A systematic review of smart real estate technology: drivers of, and barriers to, the use of digital disruptive technologies and online platforms
Ullah, Fahim, Sepasgozar, Samad M.E. and Wang, Changxin. 2018. "A systematic review of smart real estate technology: drivers of, and barriers to, the use of digital disruptive technologies and online platforms." Sustainability. 10 (9), pp. 1-44. https://doi.org/10.3390/su10093142
System dynamics model to determine concession period of PPP infrastructure projects: overarching effects of critical success factors
Ullah, Fahim, Thaheem, Muhammad Jamaluddin, Sepasgozar, Samad M. E. and Forcada, Nuria. 2018. "System dynamics model to determine concession period of PPP infrastructure projects: overarching effects of critical success factors." Journal of Legal Affairs and Dispute Resolution in Engineering and Construction. 10 (4). https://doi.org/10.1061/(ASCE)LA.1943-4170.0000280
The performance gap in energy-efficient office buildings: how the occupants can help?
Ali, Qadeer, Thaheem, Muhammad Jamaluddin, Ullah, Fahim and Sepasgozar, Samad M. E.. 2020. "The performance gap in energy-efficient office buildings: how the occupants can help?" Energies. 13 (6). https://doi.org/10.3390/en13061480
Key factors influencing purchase or rent decisions in smart real estate investments: a system dynamics approach using online forum thread data
Ullah, Fahim and Sepasgozar, Samad M. E.. 2020. "Key factors influencing purchase or rent decisions in smart real estate investments: a system dynamics approach using online forum thread data." Sustainability. 12 (11), pp. 1-36. https://doi.org/10.3390/su12114382
Smart digital marketing capabilities for sustainable property development: a case of Malaysia
Low, Sheen, Ullah, Fahim, Shiwrozhan, Sara, Sepasgozar, Samad M. E. and Lee, Chyi Lin. 2020. "Smart digital marketing capabilities for sustainable property development: a case of Malaysia." Sustainability. 12 (13), pp. 1-40. https://doi.org/10.3390/su12135402
Contingency release during project execution: the contractor’s decision-making dilemma
Ayub, Bilal, Thaheem, Muhammad Jamaluddin and Ullah, Fahim. 2019. "Contingency release during project execution: the contractor’s decision-making dilemma." Project Management Journal. 50 (6), pp. 734-748. https://doi.org/10.1177/8756972819848250
Six Sigma in construction: a review of critical success factors
Qayyum Siddiqui, Siddra, Ullah, Fahim, Thaheem, Muhammad Jamaluddin and Gabriel, Hamza Farooq. 2016. "Six Sigma in construction: a review of critical success factors." International Journal of Lean Six Sigma. 7 (2), pp. 171-186. https://doi.org/10.1108/ijlss-11-2015-0045
Labor Productivity Assessment Using Activity Analysis on Semi High-Rise Building Projects in Pakistan
Sheikh, Noaman Akbar, Ullah, Fahim, Ayub, Bilal and Thaheem, Muhammad Jamaluddin. 2017. "Labor Productivity Assessment Using Activity Analysis on Semi High-Rise Building Projects in Pakistan." Engineering Journal. 21 (4), pp. 273-286. https://doi.org/10.4186/ej.2017.21.4.273
Influence of Six Sigma on project success in construction industry of Pakistan
Ullah, Fahim, Thaheem, Muhammad Jamaluddin, Qayyum Siddiqui, Siddra and Khurshid, Muhammad Bilal. 2017. "Influence of Six Sigma on project success in construction industry of Pakistan." The TQM Journal. 29 (2), pp. 276-309. https://doi.org/10.1108/TQM-11-2015-0136
Examining the impact of students’ attendance, sketching, visualization, and tutors experience on students’ performance: a case of building structures course in construction management
Ullah, Fahim, Sepasgozar, Samad, Tahmasebinia, Faham, Sepasgozar, Saleh Mohammad Ebrahimzadeh and Davis, Steven. 2020. "Examining the impact of students’ attendance, sketching, visualization, and tutors experience on students’ performance: a case of building structures course in construction management." Construction Economics and Building. 20 (3), pp. 78-102. https://doi.org/10.5130/AJCEB.v20i3.7056
Competitiveness in the construction industry: A contractor’s perspective on barriers to improving the construction industry performance
Azeem, Moazzam, Ullah, Fahim, Thaheem, Muhammad J. and Qayyum, Siddra. 2020. "Competitiveness in the construction industry: A contractor’s perspective on barriers to improving the construction industry performance." Journal of Construction Engineering, Management & Innovation. 3 (3), pp. 193-219. https://doi.org/10.31462/jcemi.2020.03193219
Empirical evidence of extension of time in construction projects
Shabbar, Haroon, Ullah, Fahim, Ayub, Bilal, Thaheem, Muhammad Jamaluddin and Gabriel, Hamza Farooq. 2017. "Empirical evidence of extension of time in construction projects." Journal of Legal Affairs and Dispute Resolution in Engineering and Construction. 9 (3). https://doi.org/10.1061/(ASCE)LA.1943-4170.0000217
It's all about perceptions: A DEMATEL approach to exploring user perceptions of real estate online platforms
Ullah, Fahim, Sepasgozar, Samad M. E., Thaheem, Muhammad Jamaluddin, Wang, Changxin Cynthia and Imran, Muhammad. 2021. "It's all about perceptions: A DEMATEL approach to exploring user perceptions of real estate online platforms." Ain Shams Engineering Journal. 12 (4), pp. 4297-4317. https://doi.org/10.1016/j.asej.2021.04.023
Addressing disasters in smart cities through UAVs path planning and 5G communications: A systematic review
Qadir, Zakria, Ullah, Fahim, Munawar, Hafiz Suliman and Al-Turjman, Fadi. 2021. "Addressing disasters in smart cities through UAVs path planning and 5G communications: A systematic review." Computer Communications. 168, pp. 114-135. https://doi.org/10.1016/j.comcom.2021.01.003
Managing smart cities through six sigma DMADICV method: A review-based conceptual framework
Qayyum, Siddra, Ullah, Fahim, Al-Turjman, Fadi and Mojtahedi, Mohammad. 2021. "Managing smart cities through six sigma DMADICV method: A review-based conceptual framework." Sustainable Cities and Society. 72, pp. 1-19. https://doi.org/10.1016/j.scs.2021.103022
A review of public-private partnership: critical factors of concession period
Ullah, Fahim, Ayub, Bilal, Qayyum, Siddra and Thaheem, Muhammad Jamaluddin. 2016. "A review of public-private partnership: critical factors of concession period." Journal of Financial Management of Property and Construction. 21 (3), pp. 269-300. https://doi.org/10.1108/JFMPC-02-2016-0011
Economic-efficiency analysis of rawalpindi bypass project: A case study
Mehmood, Y., Zahoor, H. and Ullah, F.. 2019. "Economic-efficiency analysis of rawalpindi bypass project: A case study." Wu, P. and Wang, X. (ed.) Innovative Production and Construction. World Scientific Publishing. pp. 531-555
Implication of a Construction Labour Tracking System for Measuring Labour Productivity
Shiwrozhan, S., Sepasgozar, S., Ullah, F. and Minhas, P.S.. 2019. "Implication of a Construction Labour Tracking System for Measuring Labour Productivity." Wu, P. and Wang, X. (ed.) Innovative Production and Construction. pp. 1-15
Investigation of the users' interaction with online real estate platforms in Australia
Ullah, F., Shinetogtokh, T., Sepasgozar, S. and Ali, T.. 2019. "Investigation of the users' interaction with online real estate platforms in Australia." 2nd International Conference on Sustainable Development in Civil Engineering (ICSDC 2019), Jamshoro Pakistan. Karachi Pakistan. https://doi.org/10.26190/unsworks/27491
Public-private Partnerships In Pakistan: A Nascent Evolution
Ullah, F., Thaheem, M. and Umar, M.. 2017. "Public-private Partnerships In Pakistan: A Nascent Evolution." Kakabadse, N. and Mouraviev, N. (ed.) Public-Private Partnerships in Transitional Nations: Policy, Governance and Praxis. United Kingdom. Cambridge Scholars Publishing. pp. 127-150
Sustainable Smart Cities: Evaluation of Australian Practice
Ullah, F., Thaheem, M. and Sepasgozar, S.. 2016. "Sustainable Smart Cities: Evaluation of Australian Practice." Cheng, J.C., Dawood, N. and Kuang, J. (ed.) 16th International Conference on Construction Applications of Virtual Reality. Hong Kong.