The Rise of PropTech: What is it and Why Does it Matter?

<p>Ironically, the youngest vertical of the technology industry is growing rapidly to serve one of the oldest industries: real estate.</p> <p>Much like FinTech has transformed the financial sector, PropTech (or CREtech for Commercial Real Estate) is the technology that is being used to transform the way we think about and use property.&nbsp;<a href="https://www.sbs.ox.ac.uk/community/people/andrew-baum" rel="noopener ugc nofollow" target="_blank">Andrew Braum</a>&nbsp;describes it as &ldquo;a movement driving a mentality change within the real estate industry and its consumers regarding technology driven innovation in the data assembly, transacting, and design of buildings and cities&rdquo;.</p> <p><a href="https://medium.com/@mattdixon88/the-rise-of-proptech-what-is-it-and-why-does-it-matter-3631dc6b9032"><strong>Website</strong></a></p>
Tags: PropTech Rise