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Home News

PropTech Continues To Solve Common Real Estate Woes

Aayat AlibyAayat Ali
April 10, 2019
in News
Reading Time: 1 min read
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A report by Re:Tech has found that venture capital investment into real estate technology grew to 12.6 billion in 2017 and is showing no signs of slowing.

As technology continues to flood the real estate industry, there are many challenges that proptech companies have solved for, not only consumers, but agents as well.

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Managing tenants has become much easier thanks to proptech. It allows agents to reach out to new clients and makes it easier for landlords to manage their customers once they are tenants.

Proptech, such as Fixflo, also makes it possible for residents to easily send in and schedule a repair request.

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Now, professionals who work outside of a traditional office can seek out coworking spaces to find a more collaborative workplace. Proptech makes it easy to find the perfect coworking space through networks such as LiquidSpace which is an online marketplace that allows property owners to list workspaces for rent.

In addition to this, agents can use virtual and augmented reality to show tenants and buyers certain properties across the world with ease.

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Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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