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Technology That Will Transform CRE Transactions

Moving forward, much of real estate technology will be focused on allowing more control and transparency in transactions for buyers, sellers and brokers, Ten-X's Steve Jacobs tells GlobeSt.com.

By Carrie Rossenfeld | carrierossenfeld | Updated on July 11, 2017

Steve Jacobs Jacobs: “There is a huge amount of latent demand for tools that remove many of the obstacles traditionally associated with CRE transactions.”

IRVINE, CA—Moving forward, much of real estate technology will be focused on allowing more control and transparency in transactions for buyers, sellers and brokers, Steve Jacobs, general manager of the commercial real estate division of Ten-X, tells GlobeSt.com. The firm recently released Offer Select 2.0, an enhanced version of its Offer Select technology launched in 2016, which closely mirrors the traditional commercial real estate transaction process, but streamlines the transaction with standardization and technology.

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