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.
For even more coverage of the intersection of real estate and tech, visit finledger.com.
Latest Posts
Clear Capital launches appraisal tool to speed photo review HW+
Jan 03, 2022Appraisal management company Clear Capital, in the latest effort to revamp the appraisal process, hopes to automate property photo reviews to ensure data and photo consistency with its photo review product, ClearPhoto. Clear Capital’s data science team developed the product and built it into the already existing platform, a review system that automates collateral underwriting […]
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DocMagic launches new closing solution HW+
Dec 20, 2021 -
Doma expands platform to six new states HW+
Dec 20, 2021 -
reAlpha partners with Title First Agency HW+
Dec 13, 2021 -
In the race to modernize title, firms double down on software HW+
Dec 06, 2021 -
Clever raises $8M to expand mortgage platform HW+
Dec 01, 2021 -
Accurate Group acquires eMerge Property Solutions HW+
Dec 01, 2021 -
Good governance and good housing: Public-private partnerships in proptech HW+
Nov 17, 2021 -
What’s driving First American’s big bets on proptech HW+
Nov 09, 2021 -
HW+ Member Spotlight: Rich DeNicola HW+
Nov 05, 2021 -
Taming unstructured data to break the review cycle HW+
Nov 05, 2021 -
Q&A with Timothy Mayopoulos HW+
Nov 05, 2021