New Kid on the Block: PropTech
What are examples of prop tech?
- planning
- real-estate development companies improve labor efficiency & reduce overhead with digital platforms like LegalZoom, QuickBooks and Google Drive
- Citybldr to clarify land title issues
- Coda Compliance streamlines entitlement — the process of obtaining government permissions for a property’s specific use
- construction
- 3-D-printed prefab materials
- marketing
- Matterport cameras to offer virtual touring of units
- Latch smart door locks that allow self-guided in-home tours
- sale and rent of homes and commercial property
- for the management and maintenance of buildings
- digital dashboards to monitor and operate indoor utilities
Local government policy issues:
- is the data transparent?
- is the data tractable?
Governing | Why Local Governments Should Nurture the Growth of Proptech