PropTech
Digital Transformation Is Hitting Everywhere
- Technology has become a common key success factors for all industries, If we do not adapt quickly we will be out of business.
- PropTech is a word blend of Property and Technology. It is a recent word used to identify all technological innovations that serves the real estate market.
- PropTech is the use of technology to connect and engage all stakeholders of the real estate market (Investors, Developers, Contractors, Supply Chain Vendors, Agents, Banks, Leasing Companies, Mortgage Companies, Landlords and Tenants). It streamlines planning, and operation to increase efficiency, and maximize return on investment.
- Automating the Financial Planning and Modeling is very crucial to ensure the optimum return on investment.