Technology within Property

February 1, 2017

Over the last couple of years, we have seen a rise in property technology. The property market has traditionally been slower on the uptake of technology and is one of the few industries to fully embrace the benefits of technology. This trend has seen a dramatic shift not only with the rise of online agents but also innovative companies looking to enhance the services both buyers and sellers have when buying or selling a property.

In the near future, we will see many investors and entrepreneurs infiltrate the market with the latest innovations trying to disrupt the market. I can see many of the traditional high street agent practices increasingly moving online offering better services, increased efficiency and advanced products to possibly change the way agents market and sell a property. Much of the services offered by agents will be more automated and will accommodate the busy lives that potential buyers and sellers have.

There are a few companies already leading the way bringing innovative services and products to the marketplace. Some examples are:

Flixfo – smart software for the rental market allowing landlords and agents to manage repairs efficiently.
Matterport – 3D imaging changing the way agents can market a property transforming outdated floor plans into a much more immersive property viewing experience.
theAgentSearch – personalised estate agent comparisons with an algorithm that matches an estate agents’ previous sales to a seller’s property thereby finding an agent best suited to selling someone’s home.
OpenlySold – Enhancing communication, interaction and openness with the use of innovative tools for every stage of the property buying and selling process.

These are just some of the companies embarking on changing the property industry and it will be interesting to view the landscape of property sales and rentals in the next few years.

By Priyesh Vaghjiani of The Agent Search.

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.

You May Also Enjoy

Breaking News

Breaking Property News 20/12/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why estate and letting agents must embrace innovative technology in 2025   As we step into 2025, the UK property market continues to shift, and estate agents face mounting pressure to meet the evolving expectations of buyers and sellers. The days when static images sufficed…
Read More →
Breaking News

Breaking Property News 19/12/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   High street Auctions’ initiative launches to revive Britain’s town centres   This month the UK Government rolls out its highly anticipated ‘High Street Auctions’ scheme, a flagship measure of the Levelling Up and Regeneration Act 2023. This initiative grants local authorities the power to take…
Read More →
Estate Agent Talk

Moving Up In The World: Finding Your Dream Home

Finding your dream home is one of life’s most exciting and transformative experiences. Whether you’re looking to upsize, relocate, or finally purchase that ideal property you’ve always envisioned, the journey is both thrilling and filled with important decisions. As you embark on this path, it’s essential to plan carefully, consider your priorities, and approach the…
Read More →
new build home fronts
Breaking News

These cities are the keenest to move house in 2025

Bournemouth is the keenest area in the UK to move home, with 38,132 average monthly searches for moving-related topics per 100,000 residents. Plymouth is second, with 35,198 average monthly searches for moving, and Birmingham is third, with 35,181. Derry is the least keen area to move house, with only 3,170 average monthly searches related to…
Read More →
Love or Hate Rightmove
Breaking News

Number of rental enquiries still double pre-pandemic, as rents predicted to rise 3%

The average number of enquiries sent to agents about each available property they have to rent is still nearly double the level it was in 2019, despite improvements in the balance between supply and demand: Each available property receives an average of 11 enquiries, nearly double the 6 at this time in 2019 This is…
Read More →
bank of england interest rate
Breaking News

Response to the Bank of England interest rates decision

Response to the Bank of England interest rates decision, thoughts from the Industry Rates were left unchanged at 4.75% MPC voted 6 to 3 in favour of holding rates flat, with three members preferring to cut rates by 0.25% to 4.5% In the near-term inflation is expected to “continue to rise slightly” The market was expecting rates to remain…
Read More →