Today’s unprecedented times have led to businesses in every sector leveraging cutting-edge technologies, real estate being no exception. This has driven property technology to quickly disrupt the traditional real estate processes, including searching, buying, selling, renting and much more. There have been increased investments into PropTech, enabling the PropTech startups to grow exponentially.
The rapid growth of the PropTech companies has recently gained immense attention, showcasing multiple trends. One of the major trends is the rising demand for virtual home tours that are assisting in eliminating the shortcomings of the pandemic and the resultant social distancing restrictions. This has been a major help for purchasers, brokers, and sellers to seamlessly execute the selling and purchasing of houses. The difficulties in travelling to sites have also caused troubles with deeds and agreements, which has driven the increasing adoption of eSignatures. This has also disrupted the virtual notarization that traditionally required in-person signatures. More interestingly, rental property management and automation are rapidly surging in the PropTech space today. Thanks to the evolving platforms, multi-family property management can adapt to property owners’ requirements in real-time. These platforms offer the tools and support that are needed to bridge the technology gaps and reinforce efficacy and profitability.
Heavily fueled by new companies, the PropTech industry is evolving quickly. From eSigning to artificial intelligence to IoT, companies driving digital transformation are positioned to disrupt the traditional industry as we knew it once. In this context, we bring to light the latest edition of PropTech Outlook to showcase some of the leading PropTech companies in Europe and help clients find their best-match partners to adopt innovative and out-of-the-box solutions and meet the requirements of their customers. The magazine also compiles insights from industry experts, CIOs, and CXOs on the current trends, technological improvements, and innovations in this space.
We present to you PropTech Outlook’s “Top 20 PropTech Companies in Europe – 2021.”