We’ve been hearing rumors of the Google phone for some time now, but just recently the hearsay is beginning to look even more promising.  Yes indeed, Google’s officially shown off some bits and pieces of not only a potential hardware prototype, but also the foundation of a possible software interface.

On the surface, the tidbits released look quite a bit like Apple’s uber famous iPhone, but in all reality, a Google phone would be substantially different.  First and foremost, it looks to be open source.  In fact, in their recent video release, Google has even announced a challenge for developers to come up with the best compatible applications along with their release of the open code framework called Android.

What does this all mean for real estate?  Well, look forward to a phone with specific applications geared towards those in the market – agents, buyers, and sellers alike.  We all know how much of a stir the introduction of Apple’s iPhone made early this summer.  I think it’s predictable that Google’s foray into the realm of mobile communication promises to be even bigger.

Take a look at this clip from Google’s Sergey Brin and Steve Horowitz to see it in action for yourself…