Starting in 2019, a new home-building initiative known as “Backyard” is set to distribute its first units. This is an initiative that’s supported by Silicon Valley tech giant Airbnb, and soon enough, any real estate investment group around the country.
5 Advantages of the Backyard Initiative
The Backyard initiative is an endeavor by Airbnb that aims to design and prototype new ways on how homes are built and shared with other people. Airbnb co-founder Joe Gebbia has stated that the inspiration behind this initiative was simply to see how homes built for sharing look and feel like.
With an initiative like that, any real estate association can take advantage of its innovation. Here are five of the best advantages that the Backyard initiative can give to real estate investment groups:
It Explores Different Aspects of Real Estate
Working in real estate is not just about selling a home to your client. There are different aspects of the industry that should be considered such as design, structure, and space.
With the Backyard initiative, you get to explore the different aspects of real estate. The initiative is built to help you get a good look at the home you’re building, providing you with a more flexible approach to modern homebuilding and urban planning.
A More Holistic Revamp of Homebuilding
Not only do you get to explore real estate more, you also get a more humanistic, futuristic, and waste-conscious approach to design. As much as possible, you want a more home-feel for the home to be shared with other people via Airbnb—and with the help of the Backyard initiative, you get to have just that.
It Allows You a Closer Examination on Modern Infrastructure
With the Backyard initiative, you won’t have to worry about missing important details on the property you’re hoping to procure as it allows you to closely investigate how buildings could utilize more sophisticated manufacturing techniques, as well as the potential of smart-home technologies. In the case of the latter, this will help Airbnb users respond promptly to any changes that need to be made.
It Can Help You Meet Future Demands
While real estate investors associations can definitely benefit from this innovation, it’s actually more than just a business opportunity. Gebbia has stated that the Backyard initiative acts as a social responsibility for real estate. Because of the outdated way buildings are made and the amount of waste generated, the initiative was started as a way to meet the demands of the future and allow the real estate world to evolve.
You Can Benefit from Its Potential
Overall, the initiative has a lot of promise and potential to become as big as Airbnb is today. The initiative is still being optimized today, which can leave more room for improvement.
Real Estate and Innovation at their Finest!
With these five advantages in store for every real estate investment group around the country, the overall work and revenue will definitely skyrocket. Take a chance with the Backyard initiative and experience a new dimension of home building and sharing.