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