Through The Looking Glass: 2017 Tech!

what is proptech

Technology moves and develops at such a rapid rate. We thought that we’d slow the pace down for just a moment and take a glance at the most prevalent ‘tech trends’ to date this year …

VIRTUAL AND AUGMENTED REALITY

Virtual and Augmented Reality are becoming more widely available to consumers through hardware, games and apps. Also, a wide range of industries, businesses and brands are realising the capabilities of this technology. Virtual Reality (VR) has the power to enhance numerous life experiences, from shopping to travelling, learning to healthcare and well-being.
The healthcare industry is currently exploring these technologies to train medical students, provide therapy to patients, and contribute to the rehabilitation of stroke, spinal-cord injury and amputee patients. In addition, the property sector is embracing VR as a revolutionary tool for marketing property through virtual open houses and 3D experiences from the comfort of agent showrooms. The use of VR in property is already a $1bn industry globally, and Goldman Sachs estimate that is set to treble by 2020.

2017 is a great time to explore a whole new virtual world of entertainment, information and communication, as thousands of developers, games designers and film-makers explore the medium of VR and its creative potential.

SMART HOMES

The smart home has arrived …turn up the heat, dim the lights and cue the music, all with the touch of a button or a voice command. The internet is gradually making its way into everything from appliances to thermostats, and you’ll soon be able to control most things in your house from your phone.
Some of the smart home gadgets on the market can be a little complex and pointless. But a number of them blend into normal life, providing safety and security, accessibility, energy efficiency, environmental responsibility and a reduction in running costs.

Current smart home gadgets available include voice command systems, smoke detectors, lighting, thermostats, security systems, electricity switches, kitchen appliances (e.g. kettle) and hoovers! They are all designed to to fit in with daily routines and make your home work ‘smarter’. How did we ever live without them?

MOBILE PAYMENTS

Consumers are increasingly looking for tools that make moving and managing money more convenient and mobile seems to be the solution! The uptake of mobile payments is gradually increasing driven by consumers’ desire for an improved retail experience and their need to be cashless.

It is becoming increasingly apparent that mobile payments have the ability to transform the retail experience. Alongside the simplicity of payment, there are numerous benefits for shoppers: avoiding queues, centralising loyalty rewards, checking stock, ordering ahead, enjoying customised offers and easy price comparison. So, prepare to leave your wallet at home and remember your smartphone when shopping!

WEARABLES

As technology becomes smaller, smarter and integrated into everything, wearing it has become a social standard. Whether it’s smart watches, fitness trackers or smart clothing, the tech you can wear to keep tabs on your health and fitness levels is more popular than ever.
The new age of wearable technology is laden with smart sensors, and makes use of a web connection (e.g. Bluetooth) to connect wirelessly to the users smartphone. The sensors connect to ‘you’, to help track your fitness, activity, weight loss, sleeping patterns and even your daily organisation.

The rapid growth of digital devices promises far more powerful and cost-effective wearable technology in the months and years to come.

Where ‘tech’ is concerned, the future is full of unlimited possibilities!  Are you ready to embrace the changes ahead..?

Shared by Touch Right Software

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Breaking News

Newcastle and Edinburgh commuter belts beat London

The latest research from The Property DriveBuy has found that Newcastle and Edinburgh rank as the best commuter belts in Britain, with all surrounding local authorities offering a more affordable average house price than the cities themselves, whilst Liverpool ranks as the worst. The Property DriveBuy analysed current house prices across 12 major British cities,…
Read More
Breaking News

Breaking Property News 16/10/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Tlyfe and Eleos Life partnership brings embedded insurance protection to UK Renters In a first for the UK rental sector, Tlyfe (powered by OpenBrix) has partnered with digital insurer Eleos Life by adding embed life and income protection directly into its tenant app. Instead of…
Read More
Breaking News

Sellers of larger homes make £122.5k average capital gains, crushing the gains from flats

Sellers of detached homes made £122,500 in capital gains when selling their home over the last 18 months while flats yielded an average gain of £27,000 Sellers in England and Wales made an average gain of £72,000, a 38 per cent increase in value from when they bought the property The average seller in London…
Read More
Breaking News

London’s second homeowners face £16,446 CGT bill

London’s second homeowners face £16,446 capital gains tax bill, but prime London sellers escaping unscathed The latest research from Enness Global has found that whilst the London property market remains subdued, the city’s second homeowners could still be hit with significant costs when exiting their investments, with the average seller now facing a capital gains…
Read More
Love or Hate Rightmove
Estate Agent Talk

Rightmove launches new webinar to equip agents with market leading insights and business-boosting strategies

Rightmove, the UK’s largest property platform, is launching a new webinar to equip agents with the latest market intelligence and profit-boosting strategies to accelerate sales and improve conversion rates. The webinar titled, ‘From pitch to profit: Competing on more than just fee’, will take place live on Friday 17th October at 1pm, exclusively for Rightmove…
Read More
Estate Agent Talk

60% of homeowners admit to stress & sleepless nights

Managing your mortgage and mental health as 60% of homeowners admit to stress and sleepless nights The latest insight from award-winning mortgage adviser, Alexander Hall, has shown that for the majority of homeowners, their mortgage is their single largest financial worry, with 60% stating that their mortgage worries have impacted their mental health at one…
Read More