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Matterport – 3D imaging changing the way agents can market a property transforming outdated floor plans into a much more immersive property viewing experience.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

Estate Agent Talk

Preparing Your Home For The Market: Do’s And Don’ts

Preparing your home for the market can feel like a big task, but it’s a step-by-step process that can make all the difference when it comes to selling quickly and for the best price. First impressions matter, and a well-presented home appeals to more buyers, resulting in higher offers and faster sales. The goal is…
Read More →
Commercial Agent Talk

Exploring the Financial Success of Real Estate Ventures: Tycoon Real Estate’s Journey

The real estate industry has long been regarded as one of the most lucrative sectors for investment, with countless individuals and companies building substantial wealth through property acquisition, development, and management. Among the many businesses that have sought to make their mark in this field, Tycoon Real Estate stands out for its innovative approach and…
Read More →
what is proptech
Proptech News

Improving Your Credit for Home Financing: The PropTech Advantage in Real Estate

Navigating the home financing process can be a daunting task, especially if your credit score isn’t where it needs to be. For many prospective homebuyers, a low credit score can mean higher interest rates, less favorable loan terms, or even a denied credit application. However, thanks to recent advancements in PropTech (property technology), there are…
Read More →
Finance

How AI in AML is Revolutionizing Financial Crime Detection?

Technological advancement, specifically artificial intelligence, is altering how financial institutions handle threats of money laundering. Conventional means for identifying financial crime take a long time and involve a heavy reliance on some manual procedures. Such processes are accelerated with the help of AI technologies, increasing the results’ effectiveness and accuracy. In 2024, the role of…
Read More →
Breaking News

Halifax House Price Index for August

UK house prices edge up to hit two-year high   House prices in August 2024 were 4.3% higher than the same month a year earlier. House prices increased by +0.3% in August, after +0.9% rise in July Year-on-year prices are up +4.3%, the strongest rate since November 2022 Higher annual growth largely reflects the base…
Read More →
Breaking News

Nationwide House Price Index for August

Annual house price growth edged higher in August   UK house prices fell 0.2% month on month in August Annual growth rate picked up to 2.4%, from 2.1% in July Fastest pace of annual growth since December 2022 Energy efficiency becoming more important in influencing what buyers will pay for a home   Headlines Aug-24…
Read More →