The Montrose Gold Team Blog

Google Wave to Revolutionize Real Estate?

I have been watching the developer presentation from Google about their new wave platform.

Google wave is what they are calling Web 3.0.  The "Wave" merges many of the current Web 2.0 applications that many of us use to communicate into one easy to use convenient platform that can both originate communication or view it on top of other existing tools.

From a high level each wave is a communication stream of events... comments, messages, email equivalents, pictures... in the Real Estate World - hopefully contracts at some point.

Traditionally when working on a project (in our realm a contract or a property search or a marketing plan) we traditionally meet exchange words or converse, then we usually type up or write notes or take action on the conversation.  With todays systems we then email and instant message or call or text meaningful bits of related information back and forth between us.

The "Google Wave" is essentially that thought stream to the extent it is put into something tangible, like a note, message, photo, contract, etc.  The members of a wave can collaboratively add to or edit the messages, documents or conversations.

The really cool thing about Google Wave is that they offer a playback feature, so not only do they group all of these related little mini exchanges or conversations together in a wave, they allow you to manage them and evolve them into something useful.  The "playback" feature allows an existing or more importantly a new member of the wave to play back the evolution of the current state of the wave.

So if Barb edits Johns message or note and then Elise sees it and adds something else, then George opens it.  They all see the same thing, but they all have the option of playing it back from its origin, step by step, change by change to see how it unfolded to get to its current state. 

Its kindof like a living organism with instant replay.

I have included a link to the developer video explaining the features "straight from Googles mouth".

I personally could see how Google Wave could make transaction management and effective communication much more efficient and accurate for Real Estate transactions.

I don't think Google Wave will make Realtors extinct except maybe to the extent that those that choose not to endorse this or other technological advances may get left behind with the similarly dusty clients that only want to do everything the old fashioned way.

I am excited to give it a test drive and my mind is racing with ways it could revolutionize our business and how we interact with clients, inspectors, appraisers, lenders and each other.

So tell me what you think.  Are you going to catch the Wave?

Chris

PS.  If you want to request to be invited to be included in the Beta release go to this link.

https://services.google.com/fb/forms/wavesignup/

Also can get to tons of questions and answers at googles help forum at:

http://www.google.com/support/forum/p/wave?hl=en

Chris Ormsbee is a Realtor and is a licensed Real Estate Agent in the State of Colorado.  He is part of the Montrose Gold Team and works for Century 21 Action Realty in Montrose Colorado.  Century 21 Action Realty is located at 1245 E Main St. Montrose, CO 81401 and our phone number is (970) 209-0252.

Chris Ormsbee is NOT a Technical Advisor, Lawyer, Accountant, CPA, Surveyor, Structural Engineer, Financial Advisor, Judge, Jury or a Normal Guy, but he does occassionally sleep at a Holiday Inn Express.

Besides Commenting here, you can Contact Chris Ormsbee (especially if you want to buy or sell real estate):

Chris' Cell Phone is  (970) 209-0252

Chris can be friend-ed on Facebook.  His user name is Chris Ormsbee

Chris also has other blogs pertaining to Real Estate:

http://www.YourCOREAdvisor.com/blog

http://www.MontroseGoldTeamBlog.com

Chris is also "diverse" and has

http://www.TheDivorceWorkshop.com - a divorce counseling and advice site.

http://IdeasThoughtsWhatevers.blogspot.com/  - a discussion about Internet Marketing Ideas and trial "sales pitches", wild wacky opinionated ideas and politics abound and some content may be oriented to adults - surfers beware!