Real estate experts and major industry stakeholders are increasingly betting big on proptech, which is emerging as the key enabler and future growth driver for realty. Advancements in digital technologies have created numerous opportunities for the proptech players to create revolutionary solutions. Today, proptech startups are providing a wide range of novel solutions, underpinned by the latest technologies, for real estate agents to capitalize on.
Proptech startups are providing innovative solutions for real estate agencies to transform residential properties into smart homes and attract millennial buyers. Additionally, automated valuation models hold tremendous potential to manage fast-paced real estate sales. These data-based valuation models help real estate agents as well as building owners to sell properties quickly. On the other hand, proptech startups are combining edge computing and artificial intelligence (AI) to develop a comprehensive solution for bolstering the physical security of properties. This involves utilizing security hardware along with surveillance data in a much more productive and efficient way.
As such, the technological transitions in the arena open up a universe of new possibilities for proptech startups to develop and introduce innovative solutions. This implies that real estate players looking for competent solutions have to choose from a plethora of options.
To make this task easier and assist business leaders in identifying the right proptech solution providers, PropTech Outlook presents to you “Top 10 PropTech Startups to watch in - 2021.” A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the PropTech Outlook editorial board has selected the most promising proptech startups. In our selection process, we looked at the company’s offerings, core competency, news/press releases, client testimonials, milestones, and other recognition.