PropertyBlink Unchained - Offering Seamless Proptech Solutions for Every Stage of a Real-Estate Lifecycle
The term Proptech, short for property technology, refers to the latest innovation in real estate which has taken the industry by storm. While proptech can be described as a set of solutions meant to simplify the processes of planning, managing, trading and utilizing real estate, it can also mean something deeper - property tech can manage and streamline each and every stage of the property lifecycle like never before.
Using modern proptech tools, investors can save on transaction costs while enjoying greater transparency. These solutions can also be utilized by brokers and tenants to enhance their business processes.
Real Estate Brokerage Solutions
While real estate investing has been one of the go-to sectors, now it is undergoing a fundamental shift across the board. Proptech (property + technology) is emerging as the prerogative in this industry, and there is every reason to believe that this blend of innovation is poised to revolutionize the market.
Proptech cloud issued solutions are tailored around the three primary users within real estate: brokers, landlords or property owners, and tenants. Their proprietary cloud-based solutions is able to manage these properties and monitor vital changeovers, like contract renewals. Along with improved communication, maintenance schedules are also optimized. These services ultimately aid landlords in trimming operating costs, boosting tenant retention rates and improving asset performance.
Another type of sophisticated software, or proptech, includes the rental and listing platforms that make it easier for buyers and sellers to interact. These platforms might support built-in graphs and charts to represent the results of the search, top notch geo mapping, advanced showing and property listing as well as easy navigation records for real estate agents and faster network building.
Matterport and other similar services that once catered these fancy solutions offered people with 3D cameras a subscription plan to their cloud-based system enabling users to share their virtual home tours. Proptech permits users to walk around prospective properties in wonderful 3D models, making virtual tours increasingly popular.
Software for Property Management
The blend of technology and fashion during a specific period in time changed the ways we manage and make use of real estate properties. To cite one example, the use of amazon Alexa varies from a home Bluetooth speaker to an entire complex building management system assigned to control lighting, heating, and ventilation – we are now living in an era where there has been so much change due to proptech.
While having a rental property is a great investment, it can also prove to be cumbersome and multifaceted. First, one must advertise the available rentals, lease them out, collect rent and late fees, and deal with multiple maintenance requests. Proptech tools designed for the management of rental properties simplify the workloads of the managers and contractors. Residents submit requests through a web portal, while landlords manage work orders and invoices.
For managing rental properties, there are many tools available from simple software to complete systems, known as proptech solutions. It is important to thoroughly research each platform prior to choosing one, as some vendors cap the number of properties managed for a monthly charge, while other vendors have concealed costs that may not always be disclosed.