Several large commercial realtors and brokers in the Seattlearea are currently testing the company's "LiveTour" software, whichis scheduled for a Dec. 1 release after fine-tuning.

To use the software, real estate agents compile all of theproperty data, including an unlimited number of digital images, andupload the files to the LiveTour website's database. Clients canthen log on to the site and be walked through available propertiesby the agent, thanks to voice-over IP capabilities, can answerquestions in real time as they arise.

Mike Hayes, CEO for URreal, says the software will save bothagents and clients time and money. "I was talking with one realestate agent here who had people arrive from Toronto and New Yorkto look at a selection of eight properties, none of whichultimately met their needs," says Hayes. "That agent now has abetter understanding of his clients' needs, but it was a verypainful experience for everyone to have to go through.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.