New Mexico Housing Summit Presentation

Covering: Predictive Analytics, iBeacons, Wearables, Virtual Reality, Smart Home Devices and Alternative Energy as it pertains to real estate and housing.

Transcript

1. A Look Ahead @ Technology Chad Curry Managing Director Center for REALTOR® Technology
2. PREsentation Stuff Slides can be downloaded here http://speakerdeck.com/chadcurry
3. PREsentation Stuff Blog http://crt.blogs.realtor.org Twitter @crtweet Email ccurry@realtors.org
4. What is the… ???
5. Predictive Analytics Predicting Behavior and Helping Make Better Decisions
6. John Snow Cholera Map 1854
7. John Snow Cholera Map 1854
8. Chicago’s Array of Things 2014
9. Google Now
11. Cotton Balls! Unscented Lotion Supplements Blue Rugs! PREGNANT
14. What’s happening in real estate with Predictive Analytics?
15. SmartZip Predictive Marketing
16. TLCEngine 31 Events Help Determine Cost
17. TLCEngine House ! Location! Mortgage! $500,000! Princeton, NJ! $2,334! $500,000! Bridgewater, NJ! $2,334! $600,000! Jersey City, NJ! $2,813! $600,000! Hoboken, NJ! $2,813! $700,000! Jersey City, NJ! $3,328!
18. House ! Location! Mortgage! $500,000! Princeton, NJ! $2,334! $500,000! Bridgewater, NJ! $2,334! $600,000! Jersey City, NJ! $2,813! $600,000! Hoboken, NJ! $2,813! $700,000! Jersey City, NJ! $3,328! TLCEngine
19. House ! Location! Mortgage! Commute Time! $500,000! Princeton, NJ! $2,334! 60-80min! $500,000! Bridgewater, NJ! $2,334! 75-90min! $600,000! Jersey City, NJ! $2,813! 20min! $600,000! Hoboken, NJ! $2,813! 20min! $700,000! Jersey City, NJ! $3,328! 20min! TLCEngine
20. House ! Location! Mortgage! Commute Time! TLCEngine Cost! $500,000! Princeton, NJ! $2,334! 60-80min! $4,600! $500,000! Bridgewater, NJ! $2,334! 75-90min! $4,500! $600,000! Jersey City, NJ! $2,813! 20min! $3,700! $600,000! Hoboken, NJ! $2,813! 20min! $3,800! $700,000! Jersey City, NJ! $3,328! 20min! $4,200! TLCEngine
21. House ! Location! Mortgage! Commute Time! TLCEngine Cost! $500,000! Princeton, NJ! $2,334! 60-80min! $4,600! $500,000! Bridgewater, NJ! $2,334! 75-90min! $4,500! $600,000! Jersey City, NJ! $2,813! 20min! $3,700! $600,000! Hoboken, NJ! $2,813! 20min! $3,800! $700,000! Jersey City, NJ! $3,328! 20min! $4,200! TLCEngine
22. iBeacons Where are people moving? What Behaviors?
23. How many people attended? Conference/Trade Expo
24. Conference/Trade Expo What was their level of engagement?
25. SimbleHome iBeacons for Real Estate
26. Realty Beacon iBeacons
27. Wearables Glasses Watches Bracelets
28. Hype Cycle Gartner developed Hype Cycle to understand tech adoption!
29. Utilization of Wearables Over Time
30. Skeuomorphism It had its day in software. Can you smell the pixels?
31. Skeuomorphism Will it work with hardware?
32. Skeuomorphism Will it work with hardware?
33. From Google I/O
34. Skeuomorphism Is this what Glass needs?
35. Skeuomorphism Is this what Glass needs? http://www.cnet.com/news/patent-pictures-hint-at-unobtrusive-google-glass-design/
36. Skeuomorphism Is this what Glass needs? http://www.cnet.com/news/patent-pictures-hint-at-unobtrusive-google-glass-design/
37. Chris Dancy ‘The Most Connected Man’!
38. 2011! Keith Garner, VP, ITS, NAR
39. FitBit, Withings Scale Behavior Modification
40. More data, more accurate picture! Behavior Modification
41. Lean vs. Fat weight analysis Lean v. Fat Weight Analysis
42. Before & After Data changes behavior!
43. How could this apply to real estate?
44. Virtual/AR Offering an experience like the real thing
45. Oculus Rift Will Brokerages Have VR Studios?!
46. OPhone
47. Senseg Haptic Feedback
48. Smart Home Internet of Things
49. From NAR’s Profile of Home Buyers and Sellers 2013 - p. 38, Exhibit 2-25! It Matters to Clients
50. nest Thermostat Learning Thermostat $249
51. nest Protect Smoke and CO Alarm $129 $99
52. Quirky Aros Smart Air Conditioner $299.99
53. Programmable LED lightbulbs $199 Philips Hue !
54. August Smart Lock Automated Lock $199
55. Smart Water Sprinkler $299 Droplet
56. Belkin WeMo Conserve: Insight Switch $29.99 Insight Switch $59.99
57. Alternative Energy Solar Wind Kinetic
58. Solar Energy
59. Solar Energy New Innovations: ! •  Solar Shingles" •  Solar Blinds" •  Solar Paint" •  New Material" •  Perovskite" •  Cheaper (10-20 cents per watt)" •  10-19% efficiency" •  Newer and not quite ready for mass production"
61. SpinCell
63. PORTA-Spin Concept
65. Solar Roadways
66. Solar Roadways
67. Solar Roadways
68. Solar Roadways
69. Wind Energy
70. We could produce 37 million GWh per year. Only need ~ 4 million GWh for U.S. http://apps2.eere.energy.gov/wind/windexchange/filter_detail.asp?itemid=2542! Wind potential in U.S.
71. Wind Energy
72. Impact on Home Sales Our analysis of the raw house price data for transactions completed within the vicinity of the wind farms yielded no evidence that prices had been affected by either the announcement, construction or completion of the wind farms for six out of seven sites. ! ! In fact, the analysis shows that on average, house prices near wind farm sites grew faster for the periods between the start of construction and mid-2013 (0.8% annual growth) than at the wider county-level (0.5% annual growth). One site did see a noticeable downturn following the announcement that a wind farm would be built; however once the turbines were erected, local house price growth returned to the county-wide norm. ! http://barnardonwind.files.wordpress.com/2013/02/renewableuk_cebr_study_- _the_effect_of_wind_farms_on_house_prices_-_march_2014.pdf! From a study by RenewableUK & Center for Economics and Business Research UK: "
73. Vertical Turbine Arrays
74. http://atelierdna.com/masdarwindstalk/! We roughly estimate that the overall output of our project is comparable to that of a conventional wind turbine array. While a single wind turbine that is limited in height to 55 meters may produce more energy than one of our Windstalks, our Windstalks can be packed in denser arrays. " Windstalks
75. http://atelierdna.com/masdarwindstalk/! Windstalks
76. Windstalks http://atelierdna.com/masdarwindstalk/!
77. BATs http://www.altaerosenergies.com/pressrelease_2014_03.html! Buoyant Airborne Technology
78. BATs http://www.altaerosenergies.com/pressrelease_2014_03.html!
80. Questions? Blog http://crt.blogs.realtor.org Twitter @crtweet Email ccurry@realtors.org