How is Prop-Tech shaping the future of real estate? (1)

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How is Prop-Tech shaping the future of real
estate?
BLOCKCHAIN
Blockchain technology is also gaining traction in
the real estate technology sector. The majority
of people associate distributed ledger technology
with cryptocurrencies such as Bitcoin. It has the
potential, however, to change the way we buy,
sell, and rent real estate.
INTERNET OF THINGS (IOT)
The Internet of Things can be used by the real
estate technology industry to build "smart
homes." These are homes that are equipped with a
variety of connected devices that can be managed
remotely. You might be able to change the
temperature or turn on the lights from your
smartphone before you even get home.
AUGMENTED REALITY
You can see a property as it would appear in real
life, complete with furnishings and accessories,
using augmented reality. Furthermore, virtual
reality allows you to walk through a property and
get a sense of the neighbourhood before making a
decision.
DRONES
Drones are becoming increasingly popular for real
estate videography and aerial photography. This
provides potential buyers or tenants with a
better understanding of the layout of the land as
well as nearby features such as parks, schools,
transportation links. In addition, incorporating
drone footage can help your listing stand out
from the crowd if you're selling a home.
3D PRINTING
Another technology that is beginning to impact
the real estate industry is 3D printing. 3D
printers can already print entire dwellings. This
method could be utilized to design bespoke
residences tailored to the tenants demands. A
3D-printed home, for example, may be built to be
more energy-efficient or accessible to persons
with impairments.
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