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Proptech, or property technology, is a term used to describe the use of software and technology to improve the efficiency of the real estate industry. It covers a wide range of applications, from online property listings and virtual tours to automated property management and smart home technology. Proptech solutions are designed to streamline processes, reduce costs, and improve customer experience.
Proptech companies are typically startups that focus on developing innovative solutions for the real estate industry. Examples of such companies include Zillow, Redfin, and Realtor.com, which provide online property listings and virtual tours. Other companies such as AppFolio and Buildium offer property management software, while companies like Nest and August focus on smart home technology. Show Less Read more
