PropTech and Its Benefits for Consumers and Developers
The definition w.r.t. to Developers & Customers
• Tools used to optimize how real estate sales are planned and performed
• A force that drives an ecosystem of inventive businesses and products
Technology that power up PropTech
• Machine Learning (ML)
• Artificial Intelligence (AI)
• Virtual Reality (VR)
• Augmented Reality (AR)
• The Internet of Things (IoT)
• 5G
How PropTech has empowered both?
• Customized buying and selling experiences
• Consumers can explore property and surroundings in real-time
• Establish agreements without any involvement of brokers.
Real Estate PropTech Benefits to Consumers
• Easy Property Searching
• Secure & Seamless Buying
• Automation Of Paperwork
• 3D Virtual Apartment Tours
• Direct & Effortless Communication
• Real-Time Updates at the Fingertips
Benefits of PropTech to Developers
• Smart Marketing & Sales strategies
• Exploiting IoT, Robotics, Drone, & BIM
• Transparent Communication & Payments
• Digital Inventory Management
• Reports & Analytics
• Superior Post-Sales Services
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