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Quick Survey: Tech Savvy on the Upswing

NEW YORK CITY-Don't dismiss this industry as a bunch of technological Neanderthals. GlobeSt.com's latest Quick Survey proves that real estate professionals are more sophisticated than generally perceived. Industry news was a must on their Internet applications.

By John Salustri | Updated on May 21, 2001

NEW YORK CITY-All right, commercial real estate might not be populated by a community of horn-rimmed techies, but at least industry pros are not totally backward. The results of the latest GlobeSt.com Quick Survey puts to rest a long-standing belief that the industry is made up of a lot of techno-phobes.

Certainly, at the very least, Internet and Email use have become a daily part of business, with 92% of the respondents using the Web for daily, work-related activities and some 99% engaging in Email contact with clients and associates.

Being online is obviously a necessity, but how quickly they get online is equally important. Some 79% of the survey’s participants report that their prime means of access is T1 lines. Only 13% use dialup while 8% use “other” means.

Mike Greco, president and CEO of Horsham, PA-based MortgageRamp, which sponsored the Quick Survey, was surprised by the percentage of T1 use. “I always had the impression that only larger companies used T1,” he says. “That 79% is a very encouraging number.”

Not as surprising was the percentage of people (56%) who identified security as their biggest concern with Web applications. Coming in second (39%) was slow performance, an anomaly, says Greco, with the show of support for T1 use.

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