Money, including how we use and borrow it, has changed dramatically in just the past decade. Traditional payment methods are now peer-to-peer, contactless, and mobile versus cash, check, or plastic. We have primarily the internet and technology to thank for the new ways we conduct transactions. Now, imagine the future of money in real estate in the next decade.
The same potential impact can occur in places we use or put our money, such as real estate. Already, we are seeing new ways to pay for real estate that move beyond the traditional agent and financing model. Today’s trends point to what might change in the near future for real estate finance.