POWER TECHNOLOGY
Top 10 Property Technology Trends & Innovations for 2022 Research shows that modern technology adaptation has been significantly low in the real estate sector. The property market is still categorized as traditional. Property technology (proptech) has ensured digital transformation in the real estate sector. The need to adapt to technology is mainly aimed toward achieving a good customer-client experience in the lifecycle of mortgages, assisting in making good decisions on property management, and encouraging informed investments. Technological trends such as artificial intelligence and augmented reality are commonly used in proptech. The trend is developing, and rapid investment methods are opening up immense opportunities in the future. Below is a list of 10 innovations and property investment trends that aim to transform the real estate sector.
Artificial intelligence is used in real estate by giving a wide range of data about occupants and location.AI also shows the current market trend regarding the property. It fosters the investment risk assessment and understands the buyer’s property needs. A great advantage of AI is 18 | JULY 2022
the fast processing of a huge amount of data and providing valuable insights into the property while simultaneously giving realistic valuation. Agents in real estate have adopted chat boards that assist them in staying connected to their customers. A good example is Gabbi, an AI assistant who responds to clients and keeps
track of information. The use of AI eliminates inefficient and otherwise time-consuming work in real estate. IMMERSIVE TECHNOLOGIES. The emergence of virtual and augmented reality technologies has reduced the task of
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ARTIFICIAL INTELLIGENCE.