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Summary:
The Internet of Things (IoT) is playing a transformative role in every sector of the economy, including real estate. Nelson Akindele, an expert in real estate operations, believes that the adoption of IoT technology is imperative for the revolution and enhancement of the real estate profession. Integrating IoT devices such as sensors and smart systems can aid real estate professionals in gathering extensive data to improve decision-making processes. However, challenges such as high costs and data security concerns hinder the widespread adoption of IoT in real estate.
