Proptech has grown with AI-powered iBuying, innovative financing options like Heimkapital, and a consolidation of real estate services offering, leading the way are companies like Casavo, Clikalia, Rive and Tiko, changing the financing and services of the industry.
Summary:
Proptech has been growing steadily over the past few years, with consistent growth in companies disrupting traditional real estate. The industry has seen a surge in funding, increased marketing, and evolving product offerings. Four major trends have emerged over the last three years: iBuying, where AI and data analytics are used to buy and sell homes online; new ways to finance, such as Heimkapital, which enables customers to sell part of their property for an immediate payout; and an amalgamation of service offerings, such as Idealista, which combines real estate services with industry news and data.
Full Story: HERE (TechEU)
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Reference:
- https://tech.eu/2023/01/25/proptech-startups-are-cthe-way-we-buy-sell-and-rent-our-homes/
- https://en.wikipedia.org/wiki/Property_technology
- https://en.wikipedia.org/wiki/Instant_buyer
- https://www.heimkapital.de/
- https://www.idealista.com/en/
- https://www.forbes.com/advisor/investing/best-real-estate-etf/
- https://creti.org/2022-proptech-venture-capital-report
- https://techfundingnews.com/this-berlin-vc-closes-e44m-to-invest-in-early-stage-proptech-startups-targets-e100m/