Bill Brown, CEO of property-visualization company Matterport, talks to Cheddar about how technology...from virtual reality to 3D printing, is influencing the real estate market in our "House Rules" segment sponsored by Chase Home Lending.
Matterport provides 3D and virtual reality models as a medium for real estate agents to show off properties. Brown talks about how millennials are in an "always-on" mode and crave an interactive connection with almost everything. He says young adults are more likely to buy a property, sight unseen, than any other generation.
And although seeing houses through a virtual reality headset or a 3D model can save a lot of time and money for the buyer, it still doesn't necessarily eliminate the need to see the house in person. Brown says there are certain circumstances where it will be most useful, for example moving across the country or wanting to invest overseas.
TikTok has rolled out updated rules and standards for content and its CEO warned against a possible U.S. ban on the video sharing app as he prepares to face Congress.
Brands are always looking for ways to scale and innovate. Cheddar News catches up with John Dubois, EY Consumer Data & Analytics Leader, at EY's Emerging Tech pop-up event at SXSW to find out how brands can stay ahead of emerging tech.
Blue check marks are coming to Instagram and Facebook. Meta CEO Mark Zuckerberg on Friday announced the expansion of a premium subscription service for $11.99 per month on the web and $14.99 on mobile. The service launched in Australia and New Zealand last month.
