Home buying in the Future

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Home buying in the Future
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how will homebuying look in the future?

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  • The year 2025....meet James a 25 year old millenial who has just started his own company
  • Fast Forward to year 2030...James's start up was acquired by Alpha dominating technology leader.James FRB assistant on his wearable congratulates him and shares the update when his account was credited with the funds from the sale...
  • Good Evening James, I have an exciting update regarding the big transaction on your FRB account .Would you like more details now?
  • At the same time James' Personal Banker Mr.Baker receives a notification on his wearable on the big news regarding his top client and Mr.Baker makes an augmented reality call to congratulate his client on the achievement!
  • Meanwhile, during a visit to his friend James takes a liking to a modern mansion
  • Love it! this is my dream home!! Need to figure out if its' in my budget!
  • James checks on his FRB app to determine his affordability.James also would like to discuss all options with his trusted FRB banker
  • My Financial Snapshot
  • What time would you like me to set up your appointment with Mr.Baker @ FRB?
  • Based on his earnings, spending habits and household profile, Mr.Baker recommends James save in a separate savings account for his dream home where he can set thresholds and get real time reminders right on his mobile phone.
  • Good to see you Mr.Baker!
  • Delighted to see you too James!Congratulations again!
  • James decides to open an account to save for his Dream Home right away! All James has to do is confirm and e-sign via Docusign as everything has been set up by Mr.Baker behind the scenes so excess cash is automatically transferred to James's Dream Home account!
  • James watch and app proactively remind and nudges James to keep him on track with his spending goal based on his geo-location and past spending habits.
  • Ah timely reminder! All for my dream home...Thank You FRB!
  • James continues to monitor his finances very closely with FRB's Virtual Assistant and Personal Banker personalizing advice and helping him make smart decisions !
  • The FRB Banker, App one team, continue to help James reach his goal to buy his dream home!
  • Fantastic!!
  • James, you have reached your monthly savings goal.Keeping this pace with additional savings will enable you to reach your goal of buying your dream home 6 months sooner!
  • The End.
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