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GbBIS.com > Browse by Industry > Real Estate
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Manage & Locate Using Geographic Analysis
The Real Estate industry is involved in many areas of a property transaction. For instance: buying, selling, renting, or insuring property. Real Estate industries are very involved with geographical data because it helps them make important decisions about a property that they or their customers are interested in. The location, climate, soil type, risk of natural disaster, history, or population of a particular area are all factors that can influence the Real Estate business or a customer when looking to buy some property. The data collected about the land involved in a real estate transaction is important to the industry even after a transaction is complete.

ESRI: A Tool For Management & Location Analysis
The capabilities of ESRI are useful for Real Estate industry. ESRI is helpful because it can provide and organize the information that Real Estate companies need for successful transactions. Mapping software is the solution for Real Estate agencies because with this software custom maps can be made to fit the needs of each company. The history, population density, soil type, risk of natural catastrophe, environmental contamination, climate, etc. of a specific area may be charted or mapped to reveal information about the sight. In addition, patterns may become visible within this data that might detect hidden problems or benefits for a distinct location. The conclusion is that ESRI is beneficial to the Real Estate Industry because it offers a way to organize and collect various types of information and it can be updated fast and efficiently!

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