The Rise of Property Technology (PropTech) in the Real Estate Sector: Transforming an Industry
The real estate sector has historically been slow to adopt new technologies, often relying on traditional processes for buying, selling, and managing properties. However, the emergence of Property Technology, or PropTech, is changing this narrative. PropTech is revolutionizing the real estate industry by leveraging cutting-edge technology to create smarter, faster, and more efficient ways to conduct business. This article explores the role of PropTech in modern real estate, its key applications, and its transformative impact on the sector.