Proptech
PropTech refers to a popular trend of companies in real estate utilizing technology to disrupt the traditional real estate landscape – whether someone is researching, buying, selling, or managing a property. Similar to tech disruptors in other industries, PropTech is aimed at infusing streamlined efficiency and a faster, easier consumer experience.
Investment in PropTech has skyrocketed over recent years – from $186 million in 2011 to a record of $9.5 billion in 2021 while interest in PropTech has exploded, largely due to the COVID-19 pandemic. Notable trends that mortgage and real estate professionals should keep an eye on include growing demand for virtual home tours, eSigning becoming more mainstream, and the popularity of smart homes.
Latest Posts
Luxury Realty Group launches new AI avatar to assist homebuyers
Mar 13, 2024The advanced digital tool is designed to take consumers on virtual property tours
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Realtor.com reveals new tools to evaluate climate risk exposure
Mar 13, 2024 -
Divvy launches new product aimed at homeownership readiness
Mar 13, 2024 -
EasyKnock closes another funding round
Feb 28, 2024 -
Major real estate firms among defendants in 118 data privacy lawsuits
Feb 15, 2024 -
RealReports raises $2 million in seed funding
Feb 05, 2024 -
EasyKnock announces two new executive hires
Feb 01, 2024 -
Opinion: Proptech’s big miss
Jan 12, 2024 -
CoreLogic unveils new solution to bolster security for MLSs
Jan 11, 2024 -
CoreLogic’s income analysis solution now integrated with Fannie Mae’s income calculator
Dec 20, 2023 -
Rocket Homes brings house hunting to your car via Apple CarPlay
Dec 13, 2023 -
EasyKnock under fire for “deceptive” sale-leaseback practices in Massachusetts
Dec 11, 2023