Despite the pandemic influence the next few years are expected to be a good time for reevaluating the importance of technological advancements
and its impact on consumer experience, as well as the deployment of real estate technology.
Houses are upgrading with new BMS systems, such as intuitive HVAC systems, and IoT connected devices. Tenants seek to embrace cost and use space-optimizing property tech tools such as Room Reservation Systems and Parking Optimisation. The CREtech
survey shows that 65 % of respondents expect that the combo "real estate & innovations" is to have a significant direct influence on commercial real estate
worldwide. That's why we should expect the storming of new real state tech approaches, consolidation of already existing tools, and the emergence of new opportunities for stakeholders.
So, PropTech is beneficial from a holistic perspective and offers a lot of possibilities. Here are some future Prop Tech solutions that we might expect to expand:
- All-in-one building management platforms;
- Real estate appraising software;
- Smarter platforms for brokers and agents;
- Tenant-supportive solutions;
- Construction documentation platforms;
- Analysis of multiple interconnected assets;
- Technology-assisted property tours.
Moreover, software creators provide a variety of AR/VR services allowing the "remote visits", for instance, an online open house, with the agent showing the property virtually. A property purchase is almost always emotional.
Therefore it's essential to maximize interactive user experience within the buying process,. Real estate companies will gain great value from implementing digital tools that will enrich customer experience via innovative services and options. AR and VR tools help the visitor to receive a lot of information and implement the so-called 'rapid prototyping'. For instance, it allows projecting a draft custom design of new dwellings or remotely assess landscaping and interior/exterior elements of a particular real estate object.